Affirma Capital

Singapore, Singapore Founded: 2000 • Age: 26 yrs Acquired By ICG
Acquisitions and buyouts are targeted by the private equity firm.
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About Affirma Capital

Affirma Capital is a company based in Singapore (Singapore) founded in 2000 was acquired by ICG in August 2019.. Affirma Capital has completed 7 acquisitions, including ESAB SeAH, Hwasung Cosmetics and Little Paddington.

Operational Areas
Financial Services → Private Capital & Alternative Investments
Key Metrics
  • Annual Revenue
    $5.45 M (USD)
    59.48
    as on Mar 31, 2024
  • Net Profit
    $677.92 K (USD)
    61.15
    as on Mar 31, 2024
  • EBITDA
    $3.51 M (USD)
    118.82
    as on Mar 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    ESAB SeAH

    & 6 more

  • Acquired by
    ICG

    (Aug 01, 2019)

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Funding Insights of Affirma Capital

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Affirma Capital

Affirma Capital has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include ICG. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
ICG is recognized as a global alternative asset manager.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Affirma Capital

Affirma Capital has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include ESAB SeAH, Hwasung Cosmetics and Little Paddington. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Processed seafood products including seaweed and dried fish are provided.
2006
Italian restaurants with garlic-themed cuisine are operated.
2001
Wastewater treatment services are provided for environmental management.
1997
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Affirma Capital

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Affirma Capital Comparisons

Employees
+
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Competitors of Affirma Capital

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Affirma Capital

Frequently Asked Questions about Affirma Capital

When was Affirma Capital founded?

Affirma Capital was founded in 2000.

Where is Affirma Capital located?

Affirma Capital is headquartered in Singapore, Singapore.

Who is the current CEO of Affirma Capital?

Nainesh Jaisingh is the current CEO of Affirma Capital.

What is the annual revenue of Affirma Capital?

Annual revenue of Affirma Capital is $5.45M as on Mar 31, 2024.

What does Affirma Capital do?

Founded in 2000 and headquartered in Singapore, Affirma Capital operates as a private equity firm. Investments are directed toward acquisitions and buyouts of companies supported by robust management teams and founders. Efforts are made to develop national and regional leaders through strategic capital deployment. Operations span the Asia-Pacific region, with a focus on sectors featuring growth potential and established leadership structures.

How many acquisitions has Affirma Capital made?

Affirma Capital has made 7 acquisitions, including ESAB SeAH, Hwasung Cosmetics, and Little Paddington.

Who are Affirma Capital's investors?

Affirma Capital has 1 investor. Key investors include ICG.

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