PhillipCapital (India) Pvt. Ltd.: Singapore's Helicap raises $5M from Tikehau Capital and PhillipCapital

Helicap, a Singapore-based FinTech platform, said Wednesday it has raised $5 million in a strategic funding round from two global asset management powerhouses. The round was led by Temasek-backed international alternative asset management group Tikehau Capital, and integrated Asian financial house PhillipCapital, each with over $35 billion in Assets Under Management (AUM).