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Private equityFirmbuyout · probablelower middle market

KV Asia Capital Pte. Ltd.

Private Equity

Singapore

KV Asia Capital is a Southeast Asia focused Private Equity firm focused on investing in quality mid-market companies and partnering with entrepreneurs and management teams in their growth aspirations.

This is the graph view. The full profile, with its team, deals and sources, is on Private Equity.Open the full profile →

Search this name across graphsid dfx:pe:3af2679a-64f7-4f5b-a0f6-6d41e55641dc

Data as of Sep 17, 2026 (this record's last observation) from federal regulator filings, firm and issuer disclosures. Page built Sep 19, 2026, 11:22 PM UTC and rebuilt at most every 15 minutes.

Relationships: 32
Dated events: 3
On other graphs: 0
Observed: Sep 13, 2026 to Sep 17, 2026
30 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Funds: 2
PE funds: 2
Vintages: 2021 to 2021
PE GAV, 2024 filing: $352Mgross asset value on Form ADV; never dry powder
Investments: 14
Active investments: 7
Size band: LOWER MIDDLE MARKETderivedproxy: $0.35bn Private Equity Fund GAV on the Form ADV filed 2024-09-19
Stated sectors: safety_security
Latest ADV filing: Sep 19, 2024
Website: kvasiacapital.com

Funds

Fund	Vintage	Lifecycle	ADV type	Form D sold	GAV	LPs
KV Asia Capital Fund II L.P.	2021	Unknown	Private Equity Fund	n/a	$202M	0
KV Asia Capital Fund I LP	n/a	Harvest	Private Equity Fund	n/a	$150M	0

Investments

Company	State	Role	Control	Invested	Exited	Status
Kardia Indonesia Group	n/a	unknown	unknown	Jan 1, 2026	n/a	active
i-Sprint Innovations	n/a	unknown	unknown	Jan 1, 2026	n/a	active
ZUS Coffee	n/a	unknown	unknown	Jan 1, 2024	n/a	active
Wildflour Hospitality Group	n/a	unknown	unknown	Jan 1, 2024	n/a	active
Bee Logistics	n/a	unknown	unknown	Jan 1, 2023	n/a	active
G.B. Industries	n/a	unknown	unknown	Jan 1, 2022	n/a	active
PT Victoria Care Indonesia Tbk	n/a	unknown	unknown	Jan 1, 2021	n/a	active
DXN Holdings	n/a	unknown	unknown	Jan 1, 2017	n/a	exited
Asia Pacific Education Holdings	n/a	unknown	unknown	Jan 1, 2017	n/a	exited
TF Value Mart	n/a	unknown	unknown	Jan 1, 2016	n/a	exited
Power Diesel	n/a	unknown	unknown	Jan 1, 2015	n/a	exited
Aalst Chocolate	n/a	unknown	unknown	Jan 1, 2015	n/a	exited
Orange Valley Healthcare	n/a	unknown	unknown	Jan 1, 2014	n/a	exited
DRx Group	n/a	unknown	unknown	Jan 1, 2014	n/a	exited

Relationships

Employs (13)

→ Marco HermadiPersonAssociate Director
factThe subject's own site
→ Karam ButaliaPersonExecutive Chairman
factThe subject's own site
→ Vibhav Nmn PanandikerPersonShareholder
Nov 1, 2013 to presentfactForm ADV, The subject's own site
→ Mark Anthony Locsin de VeneciaPersonShareholder
Nov 1, 2013 to presentfactForm ADV, The subject's own site
→ Jeremy TanPersonPartner
factThe subject's own site
→ Cheok Weng GohPersonManaging Director
factThe subject's own site
→ Gan Ping LeePersonManaging Director
factThe subject's own site
→ QiYi DiongPersonDirector
factThe subject's own site
→ Yansen PoalerPersonDirector
factThe subject's own site
→ Tran Ngoc ThuyPersonDirector
factThe subject's own site
→ Xiaoshan Lai (Shan)PersonDirector
factThe subject's own site
→ Joanne CheePersonAssociate Director
factThe subject's own site
→ Karamjit Singh ButaliaPersonShareholder
Nov 1, 2013 to presentfactForm ADV

Invested in (14)

→ TF Value MartCompanyunknown
Jan 1, 2016 to presentfactThe subject's own site
→ Aalst ChocolateCompanyunknown
Jan 1, 2015 to presentfactThe subject's own site
→ Power DieselCompanyunknown
Jan 1, 2015 to presentfactThe subject's own site
→ Orange Valley HealthcareCompanyunknown
Jan 1, 2014 to presentfactThe subject's own site
→ DRx GroupCompanyunknown
Jan 1, 2014 to presentfactThe subject's own site
→ Kardia Indonesia GroupCompanyunknown
Jan 1, 2026 to presentfactThe subject's own site
→ i-Sprint InnovationsCompanyunknown
Jan 1, 2026 to presentfactThe subject's own site
→ ZUS CoffeeCompanyunknown
Jan 1, 2024 to presentfactThe subject's own site
→ Wildflour Hospitality GroupCompanyunknown
Jan 1, 2024 to presentfactThe subject's own site
→ Bee LogisticsCompanyunknown
Jan 1, 2023 to presentfactThe subject's own site
→ G.B. IndustriesCompanyunknown
Jan 1, 2022 to presentfactThe subject's own site
→ PT Victoria Care Indonesia TbkCompanyunknown
Jan 1, 2021 to presentfactThe subject's own site
→ DXN HoldingsCompanyunknown
Jan 1, 2017 to presentfactThe subject's own site
→ Asia Pacific Education HoldingsCompanyunknown
Jan 1, 2017 to presentfactThe subject's own site

Manages (2)

→ KV Asia Capital Fund I LPFundPrivate Equity Fund
Jul 10, 2019 to presentfactForm ADV
→ KV Asia Capital Fund II L.P.FundPrivate Equity Fund
Sep 30, 2021 to presentfactForm ADV

Owns (1)

← KV Asia Holdings LimitedFirmShareholder
Nov 1, 2013 to presentfactForm ADV

Dated events

2 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Jul 10, 2019
Adviser first adv filing
KV Asia Capital Pte. Ltd. first filed Form ADV in the extract (ERA)
Form ADVobserved 6 days ago

Show 2 bookkeeping events

Occurred
Sep 30, 2021
KV Asia Capital Fund II L.P. first reported on Form ADV by KV Asia Capital Pte. Ltd. (Private Equity Fund)
Occurred
Jul 10, 2019
KV Asia Capital Fund I LP first reported on Form ADV by KV Asia Capital Pte. Ltd. (Private Equity Fund), GAV $383,147,233

Who to call

the organisation, the role and the published line, with the filing or website that published it; revealed to signed-in accounts

The firm's published line

Revealable: 1 business phone (Form ADV), 1 office address (Form ADV), 1 website (Form ADV), 6 work emails (firm website) · as of 2026-09-17

Marco Hermadi
Associate Director · Revealable: 1 professional profile (firm website)
Karam Butalia
Executive Chairman · Revealable: 1 professional profile (firm website)
Vibhav Nmn Panandiker
Shareholder · Revealable: 1 professional profile (firm website)
Mark Anthony Locsin de Venecia
Shareholder · Revealable: 1 professional profile (firm website)
Jeremy Tan
Partner · Revealable: 1 professional profile (firm website)
Cheok Weng Goh
Managing Director · Revealable: 1 professional profile (firm website)
Gan Ping Lee
Managing Director · Revealable: 1 professional profile (firm website)
QiYi Diong
Director · Revealable: 1 professional profile (firm website)
Yansen Poaler
Director · Revealable: 1 professional profile (firm website)
Tran Ngoc Thuy
Director · Revealable: 1 professional profile (firm website)
Xiaoshan Lai (Shan)
Director · Revealable: 1 professional profile (firm website)
Joanne Chee
Associate Director · Revealable: 1 professional profile (firm website)

Also named here, with no published line of their own (reach them through the firm): Karamjit Singh Butalia (Shareholder).

Who to call is the organisation, the person's role and the line they published themselves: a business phone, office address, website or profile link from Form ADV, Form 13F or their own website, with that source named on every value. The counts above are what a reveal returns; a personal email is rarely published, so most reveals are the firm's line. Never data bought from a provider, never anything personal. Reveals by plan

Provenance

Graph: Private Equity
Canonical id: dfx:pe:3af2679a-64f7-4f5b-a0f6-6d41e55641dc
First observed: Sep 13, 2026
Last observed: Sep 17, 2026 2 days ago
Source families: Federal regulator filings, Firm and issuer disclosures
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

KV Asia Capital Pte. Ltd.

Private Equity

Singapore

This is the graph view. The full profile, with its team, deals and sources, is on Private Equity.Open the full profile →

Search this name across graphsid dfx:pe:3af2679a-64f7-4f5b-a0f6-6d41e55641dc

Data as of Sep 17, 2026 (this record's last observation) from federal regulator filings, firm and issuer disclosures. Page built Sep 19, 2026, 11:22 PM UTC and rebuilt at most every 15 minutes.

Fund

Vintage

Lifecycle

ADV type

Form D sold

GAV

LPs

KV Asia Capital Fund II L.P.

2021

Unknown

Private Equity Fund

n/a

$202M

KV Asia Capital Fund I LP

n/a

Harvest

Private Equity Fund

n/a

$150M

Company

State

Role

Control

Invested

Exited

Status

Kardia Indonesia Group

n/a

unknown

Jan 1, 2026

n/a

active

i-Sprint Innovations

n/a

unknown

Jan 1, 2026

n/a

active

ZUS Coffee

n/a

unknown

Jan 1, 2024

n/a

active

Wildflour Hospitality Group

n/a

unknown

Jan 1, 2024

n/a

active

Bee Logistics

n/a

unknown

Jan 1, 2023

n/a

active

G.B. Industries

n/a

unknown

Jan 1, 2022

n/a

active

PT Victoria Care Indonesia Tbk

n/a

unknown

Jan 1, 2021

n/a

active

DXN Holdings

n/a

unknown

Jan 1, 2017

n/a

exited

Asia Pacific Education Holdings

n/a

unknown

Jan 1, 2017

n/a

exited

TF Value Mart

n/a

unknown

Jan 1, 2016

n/a

exited

Power Diesel

n/a

unknown

Jan 1, 2015

n/a

exited

Aalst Chocolate

n/a

unknown

Jan 1, 2015

n/a

exited

Orange Valley Healthcare

n/a

unknown

Jan 1, 2014

n/a

exited

DRx Group

n/a

unknown

Jan 1, 2014

n/a

exited