About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Singapore-Based GRC Solutions Provider Xcelerate Secures Funding for Acquisitive Growth

Subscribe to our newsletter

Xcelerate, a Singapore-headquartered provider of governance, risk and compliance (GRC) solutions to industry sectors including capital markets, has secured an equity funding round with participation from funds managed by Altair Capital and Exacta Capital Partners. Co-founders, management and select existing shareholders of Xcelerate also participated in the funding, which will be used to finance acquisitions in APAC and other regions.

Xcelerate plans to create a regional platform offering software solutions and services catering to the Governance Risk & Compliance (GRC) and Environmental, Social & Governance (ESG) requirements of organisations operating across APAC and other regions. It aims to bring global solutions, tools and technologies together and build highly qualified and experienced teams through a roll-up strategy of acquisitions and partnerships to create comprehensive solutions.

Gary Ng, partner at Altair Capital, says: “We believe the GRC and ESG segment will experience high growth as organisations increase spending and seek the right partners to help them navigate increasingly complex regulations in Asia. The Xcelerate co-founders have a proven track record and the ability to transform Xcelerate into a leading GRC and ESG solutions platform.”

Madhujeet Chimni, co-founder of Xcelerate, concurs: “We believe there is a strong need for a regional player offering GRC and ESG solutions. As we build on our technologies, solutions and teams in APAC and other regions, we are pleased to partner Altair Capital and Exacta Capital Partners, both of which have significant experience in the ASEAN region.”

Altair Capital is a private equity firm focused on buyouts or significant minority investments in quality companies across Southeast Asia, and is the ASEAN affiliate of Polaris Capital Group, a leading buyout group in Japan. Exacta Capital Partners is a Southeast Asia focused lower-middle market private equity fund manager and has been in the market since 2013.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Hearing from the Experts: AI Governance Best Practices

9 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes The rapid spread of artificial intelligence in the financial industry presents data teams with novel challenges. AI’s ability to harvest and utilize vast amounts of data has raised concerns about the privacy and security of sensitive proprietary data and the ethical...

BLOG

19 RegTech Insights for 2025 from our RegTech Summits

The RegTech Summits in London and New York delivered a deep dive into AI-driven compliance, accelerated settlement, and evolving regulatory frameworks among other key RegTech topics, with industry leaders and regulators weighing in on the biggest challenges ahead. From the implementation of accelerated settlement cycles across global markets to the rise of generative AI (GenAI)...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...