TOKYO & SINGAPORE – October 15, 2025
Sovablu, a pioneering force in AI-driven enterprise application development, today announced a major strategic investment from Felicity Global Capital Pte. Ltd. (FGC), a premier Singapore-based private equity firm strongly backed by its shareholder, Daiwa Securities Group Inc. (DSGI), one of Japan’s leading financial institutions.
This milestone investment is more than just capital – it is a powerful validation of Sovablu’s platform strength and market potential. The new partnership will significantly accelerate the future of enterprise application development, empowering organizations to modernize legacy systems, reduce costs, and innovate at an unprecedented scale.
Fueling AI Innovation and Strengthening Commitment to Japan
The investment will be strategically deployed to drive Sovablu’s growth across technology and markets. It will fund deeper AI integration within Sovablu’s core platform, deliver enhanced user experiences, and accelerate the rollout of innovative capabilities to expand functionality and market reach. FGC brings Sovablu access to unmatched financial expertise, extensive networks, and solid institutional credibility for rapid expansion in Japan, and globally.
“This partnership with Felicity Global Capital, a firm strongly backed by Daiwa Securities Group, marks a defining moment in our journey,” said Subramania Natarajan, Co-Founder of Sovablu. “It validates our vision and reflects the rising global demand for our enterprise-grade no-code platform. This investment will serve as a catalyst for greater customer success and innovation, reinforcing our deep commitment to Japan and to our Japanese customers’ digital transformation initiatives.”
The investment will immediately fuel Sovablu’s expansion in Japan and lay the foundation for a broader strategic global rollout.
A New Chapter
To solidify this strategic collaboration, Mr. Fujita Tomohiro, CEO of Felicity Global Capital, will join Sovablu’s Board of Directors. Sovablu’s co-founders, Neduncheralathan Chandrasekaran and Subramania Natarajan, will continue to lead the company, advancing its technology roadmap and global strategy.
“This investment gives us the opportunity to accelerate our technology roadmap, introducing more advanced AI-driven features, deeper automation, and enhanced enterprise-grade capabilities,” said Neduncheralathan Chandrasekaran, Co-Founder of Sovablu. “We are ready to push the limits of AI-powered no-code and continue delivering breakthrough value to enterprises worldwide.”
Mr. Fujita of FGC commented: “We are thrilled to partner with Sovablu at this exciting stage. Sovablu’s AI-driven no-code platform has the potential to redefine enterprise application development, not only in Japan but across global markets.”
About Sovablu
Sovablu is dedicated to redefining how enterprises build, modernize, and scale mission-critical applications. Its powerful AI-driven no-code platform delivers agility, resilience, and value, enabling organizations to achieve transformative digital outcomes.
https://www.sovablu.com/
About Felicity Global Capital Pte. Ltd.
Felicity Global Capital is a premier private equity firm based in Singapore and Tokyo, with Daiwa Securities Group Inc. as a major shareholder and as part of the broader Daiwa Securities Group ecosystem, focusing on driving growth and value creation across industries through strategic, high-impact investments.
https://fgcsg.com/ (Singapore)
https://felicitycapital.jp/ (Japan)
Media/Enquiries: connect@sovablu.com