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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

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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

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    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.

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