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Key people at Singtel Innov8.
Singtel Innov8 operates as a corporate venture capital arm, strategically investing in technology startups. The company focuses its capital on innovations across various technology industries, with a particular emphasis on backing high-growth artificial intelligence ventures. Through these investments, Singtel Innov8 actively supports the development and scaling of promising new technologies.
Established in 2010, Singtel Innov8 functions as the dedicated corporate venture fund of Singtel, a prominent communications technology group. Its formation arose from a strategic understanding that external innovation could complement Singtel’s core operations, enabling the group to identify and integrate future-forward technologies into its broader ecosystem. This initiative positions Singtel at the forefront of emerging tech trends.
The primary beneficiaries of Singtel Innov8’s activities are the startups and entrepreneurs within its portfolio, who gain capital and strategic guidance. The overarching vision is to accelerate the adoption of advanced technologies, such as artificial intelligence, across the Singtel Group. Innov8 aims to drive future growth by fostering a dynamic innovation landscape.
Singtel Innov8 is the corporate venture capital arm of the Singtel Group, established in 2010 to invest in emerging technology startups that align with Singtel’s strategic business needs. Its mission is to drive digital transformation and innovation by identifying startups with potential applications across Singtel’s diverse business lines, particularly in areas such as 5G enterprise applications, artificial intelligence, cybersecurity, and the digital economy. Innov8 operates globally with headquarters in Singapore and offices in Silicon Valley, Beijing, Tel Aviv, and Sydney, leveraging Singtel’s extensive customer base of over 780 million across 21 countries to help portfolio companies scale and access new markets. The firm manages an evergreen fund of approximately US$350 million and has invested in over 95 startups worldwide, including notable companies like BitSight, Carro, SenseTime, and Shopback[1][2].
Founded in 2010, Singtel Innov8 was created to complement Singtel’s core telecommunications business by fostering innovation through venture investments. The team comprises experienced professionals with backgrounds in venture capital and technology, including key figures such as Gil Prashker and Selvam Moorthy. Over time, Innov8 has evolved to focus on cutting-edge sectors like 5G, AI, cybersecurity, and sustainability, expanding its global footprint to tap into innovation hubs in the US, Israel, China, and Australia. This evolution reflects a strategic shift to not only invest capital but also integrate startups with Singtel’s operating businesses such as Optus and Airtel for commercial pilots and customer introductions, accelerating startup growth and adoption[1][2][4].
Singtel Innov8 rides the global trend of corporate venture capital becoming a strategic tool for large enterprises to stay competitive amid rapid technological change. The timing is critical as 5G deployment, AI adoption, and digital transformation accelerate across industries, creating vast opportunities for startups to innovate and scale. Market forces such as increasing demand for secure, scalable digital infrastructure and the rise of the digital economy favor Innov8’s investment focus. By bridging startups with Singtel’s extensive telecom ecosystem, Innov8 not only accelerates innovation adoption but also influences the broader startup ecosystem in Asia-Pacific and globally, fostering collaboration between startups and established corporations[1][2].
Looking ahead, Singtel Innov8 is well-positioned to capitalize on emerging trends like 6G, AI-driven network optimization, cybersecurity advancements, and sustainability technologies. Its evergreen fund model and global presence will enable continued investment in disruptive startups that can integrate with Singtel’s evolving business lines. As digital transformation deepens, Innov8’s influence is likely to grow, further shaping the startup ecosystem by providing capital, market access, and operational support. The firm’s ability to connect startups with Singtel’s vast customer base will remain a key competitive advantage, driving innovation that benefits both the corporation and the broader technology landscape[1][2].
Key people at Singtel Innov8.
Singtel Innov8 has more than 26 tracked investments across 21 companies. The latest tracked deal is $32.0M Other Equity in Selector in February 2026.
