The Business Times
SGSME logo
SUBSCRIBERS

No child’s play: Kiztopia looks to build indoor playground empire in South-east Asia

Revenue could grow by 15% to 20% for the next financial year, with intellectual property licensing as a growth driver in the long run, CEO says

Paige Lim

Paige Lim

Published Thu, Dec 5, 2024 · 05:00 AM
    • Kiztopia CEO Heidi Tian found that Singapore lacked children’s entertainment options when she moved to the country in 2012, deciding to create a playland of her own.
    • Kiztopia CEO Heidi Tian found that Singapore lacked children’s entertainment options when she moved to the country in 2012, deciding to create a playland of her own. PHOTO: KEZIA KOO, BT

    CHILDREN’S playground and edutainment brand Kiztopia is set for further growth in South-east Asia, after receiving a significant investment from Singapore-based private equity firm Tower Capital Asia.

    In October, Tower Capital Asia said it would acquire a majority stake in Kiztopia through investment vehicle Ectivate for an undisclosed sum.

    “We need funding to grow faster, and this is a golden time for us,” Kiztopia founder and chief executive officer Heidi Tian told The Business Times in an interview.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Singapore SMEs

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More