Ashita Group, a fast-growing player in the B2B2C, e-commerce, and social commerce sectors, has secured up to USD 155 million in growth capital from CPFam-LDA Asia Growth Fund and AEI Capital Group, as it advances toward a planned public listing.
The funding follows a recent pre-listing investment round that valued the company at $1 billion. That round was led by AEI Capital Group in partnership with three other institutional investors: Vynn Capital, VisionGain Capital, and the strategic investment arm of Fonixtree Technology, affiliated with Alibaba Cloud.
The CPFam-LDA Asia Growth Fund, a joint venture between Thailand’s CP Group and U.S.-based alternative investment firm LDA Capital, has committed $55 million to Ashita Group over a three-year period post-listing.
The fund, launched in 2023 with a $2 billion mandate, is focused on backing high-growth companies across Southeast Asia.
AEI Capital Group, a long-term investor in Ashita, will contribute an additional $100 million in a 2+2 year structure following the IPO. The firm, which manages over $2 billion in assets, is positioning itself as a cornerstone investor during Ashita’s public debut.
The fresh capital will support Ashita’s aggressive regional expansion and product innovation strategy. The company aims to strengthen its tech-enabled platform, scale logistics infrastructure, and deepen market penetration across Southeast Asia, China, and other key digital commerce regions.
Digital investment banking consortium CapForce International Holdings Ltd. and European Credit Investment Bank are advising on the transactions.
Ashita’s upcoming IPO is expected to catalyze a new phase of growth, positioning the company as a regional leader in tech-driven commerce and digital distribution.
Business News Asia