Innosight Ventures

Innosight Ventures is a Singapore-based early-stage venture investment firm founded in 2008, drawing on more than 20 years of applied research by innovation thought leaders including Clayton Christensen and the Innosight Consulting Team. The firm translated disruptive innovation theory into proprietary tools and work practices for screening opportunities and working alongside entrepreneurs. In Singapore, Innosight Ventures partnered with the National Research Foundation (Prime Minister's Office) to launch an SGD 10 million early-stage fund, the IDEAS Fund, targeting startups with high potential for disrupting existing markets. In 2017, Director Piyush Chaplot completed a management buyout, acquiring the firm from Innosight and renaming it Innovation Partners Capital (IPC). Chaplot had been a Partner since 2012, leading investments in several of the fund's key portfolio companies. The IDEAS Fund led rounds and invested approximately SGD 50,000 to SGD 200,000 per startup at the pre-seed stage, targeting companies that could advance to seed or Series A rounds. The fund invested in 10 startups and has achieved 5 successful exits and 2 failures. Exits include YFind, acquired by Ruckus Wireless; ActSocial, acquired by Linkfluence; TMGamer, which exited to a Singtel-SoftBank joint venture; Capital Match via secondary sale; and Chope via secondary sale in July 2024. The remaining portfolio includes Anchanto in e-commerce logistics, ReferralCandy, Luxenomad, and Versonic. Since the management buyout, IPC has broadened its offering to include wealth management, private equity, and an open innovation lab called Collaboratory, investing across Singapore, India, and the United States. Director Anandraj Jain, with more than 23 years in private banking at UBS, Barclays, and CA Indosuez, leads the wealth management division. The combined platform gives IPC a differentiated dual role as both venture investor and financial services firm across Southeast Asia.