About Affirma Capital
Affirma Capital is a private equity firm founded in 2000. It is primarily based in Singapore, Singapore. As of Oct 2026, Affirma Capital is an active investor with a portfolio of 104 companies, comprising 104 funding rounds and 7 acquisitions. In the last 12 months, it has participated in 1 funding round. The firm primarily invests in companies based in India and China. Its portfolio is spread across a wide range of sectors from Financial Services to Food and Agriculture. Its latest investment was a $***** PE round in RMSI on Oct 30, 2025 along with 360 One.
Overall Affirma Capital portfolio has seen 2 unicorns, 35 IPOs and 21 acquisitions including key companies like MoMo, Northern Arc Capital and Fortis Healthcare. A lot of funds co-invest with Affirma Capital, with names like Standard Chartered sharing a substantial percentage of its portfolio.
Affirma Capital has a team of 54 people, including 19 partners.
Key Metrics
Founded Year
2000
Location
Singapore, Singapore
Portfolio Companies
Portfolio Sectors
Acquisition Deals
Investment Deals
Affirma Capital's Portfolio
Affirma Capital has a portfolio of 104 companies. They have invested in a total of 104 companies. Their most recent investment was in RMSI (PE round) on Oct 30, 2025. Here are the most recent investments by Affirma Capital:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Oct 30, 2025 | PE | 1136 | ||
2023 | PE | 3042 | ||
Sep 08, 2022 | Series A | 8750 | ||
Sep 07, 2022 | Series B | 5702 | - |
Affirma Capital has acquired 7 companies. Their most recent acquisition was of Little Paddington on Feb 08, 2022. Here are the most recent acquisitions by Affirma Capital:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Feb 08, 2022 | Pre-school and day-care center | - | 1996 | |
Aug 06, 2021 | Producer of welding consumable products | - | 1985 | |
Aug 06, 2021 | Provider of solutions for manufacturing of fluid systems | - | 1979 | |
May 24, 2019 | E-distributor offering cosmetic products for beauty brands | - | 1994 |
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Here is the portfolio snapshot of Affirma Capital:
Investments by Year
The maximum number of investments were made in 2022
Acquisitions by Year
The maximum number of acquisitions were made in 2021
Portfolio by Location
Companies are primarily in India and China
Portfolio by Sector
Companies are primarily in Financial Services
Team profile of Affirma Capital
Affirma Capital has a team of 54 members including 19 Partners and 14 Principals located in South Korea, Singapore and 4 more locations. Affirma Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Affirma Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Seoul | - | - | |
Partner | Singapore | - | ||
Partner | Mumbai | - | ||
Partner | Singapore | - | ||
Partner | Seoul | - | ||
Partner | Seoul | - | ||
Partner | Johannesburg | - | ||
Partner | Singapore | - | ||
Partner | Mumbai | - | ||
Partner | South Korea | - | ||
Partner | Johannesburg | - |
Co-investors of Affirma Capital
Over the past 26 years, 24 investors have co-invested in Affirma Capital's portfolio companies.
- Top Co-investors of Affirma Capital: 24 investors entered a company along with Affirma Capital. These include investors like Standard Chartered (4 companies).
Affirma Capital News
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Affirma Capital and Novo Holdings to Co-Invest in Agrichem CompaniesVCCircle•Sep 10, 2026•Novo Holdings, Affirma Capital
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Affirma Capital Faces Challenges with Legacy India PE InvestmentVCCircle•Sep 03, 2026•Affirma Capital
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Affirma Capital Reaps Significant Returns from Eight-Year InvestmentVCCircle•Jul 22, 2026•Affirma Capital
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Affirma Capital Taps Local Limited Partners for India-Focused FundFinancial Express•Feb 15, 2026•Affirma Capital, ChrysCapital
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Affirma Capital plans USD 225 mn India investment in 3 yrs; leads $56 mn funding in RMSINewsDrum•Oct 30, 2025•360 One, Affirma Capital, Standard Chartered, RMSI
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Former Affirma Exec Floats PE Firm to Back Manufacturing CompaniesVCCircle•Oct 13, 2025•Affirma Capital
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PIDG invests AUD 50m equivalent in a new climate-focused fund in Indonesia
PIDG•Jul 02, 2025•PIDG, Affirma Capital
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Affirma Capital to acquire Equis’ Korean waste assets for $294 millionKedglobal•Jun 17, 2025•Affirma Capital, Equis
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Affirma Capital clocks an exit as Kotak Alts bets on Tirupati MedicareVCCircle•Mar 26, 2025•Affirma Capital, Kotak Alternate Asset Managers
