Frontier Tech Capital eyes $150 Mn maiden fund to back SEA startups

Frontier Tech Capital, a newly launched private equity platform, is targeting a $150 million maiden fund to back growth-stage companies across Southeast Asia. Nearly half of the corpus has already been secured from global investors spanning Singapore, Japan, and the UAE.

The firm has been co-founded by Pawan Gandhi (founder of IoT platform KaHa), Brijesh Pande (former Citi executive), and Razat Gaurav (CEO of US-based Plainview). Manoj Kohli, former SoftBank India head, has also joined to lead the India strategy.

Unlike early-stage venture capital firms, Frontier Tech Capital will focus on scale-ups with revenues of over $50 million and clear paths to profitability. The fund plans to invest in 10–15 companies across agritech, manufacturing tech, and creative industries such as gaming and animation. With an eight-year horizon, it aims to provide patient capital for regional expansion.

According to the founders, the thesis is centered on companies that have already established strong domestic positions but require both growth capital and strategic expertise to expand across Southeast Asia. With offices and networks in key hubs, the platform is positioning itself as a bridge for capital, market access, and operational know-how in the region.