News
XL Ventures Secures In-Principle Approval for Capital Markets Services License
Singapore, July 04, 2025 – XL Ventures Pte Ltd received In-Principle Approval from the Monetary Authority of Singapore (MAS) to perform licensed Venture Capital Fund Manager (VCFM) activities.
Founded by Amit Sharma and Saroj Mishra, XL Ventures aims to invest in and promote tech startups that use data, sensors, and artificial intelligence (AI) to optimize energy consumption in commercial buildings and power infrastructure — sectors with significant potential for decarbonization.
XL Ventures joins the advisory board of Point Carbon Zero - A joint Initiative of Google Singapore and the Monetary Authority of Singapore (MAS)
Mr. Amit Sharma joins the advisory board of Project Point Carbon Zero - a joint initiative of Google and the Monetary Authority of Singapore (MAS) to drive the innovation, incubation and scaling of climate FinTech solutions in Asia. The programme seeks to use climate FinTech solutions to bolster financial sector access to accurate and granular climate-related data, for more efficient deployment of capital towards green and sustainable projects.
XL Ventures participated in this year’s The Liveability Challenge 2025
It was and amazing experience engaging with an inspiring group of 8 breakthrough climate-tech innovators selected from over 1,200 global entries. Each addressing critical sustainability challenges with bold, scalable ideas. We’re excited to support not just today's winners, but all 8 finalists - by connecting them with:
Scaling partners across the Global South
Expertise in Measuring the GHG Drawdown Potential
Support in securing Carbon off-take agreements and Advance Market Commitments
Amit Sharma sharing his expert views on convergence of IoT and Blockchain in solving greenwashing issues in the carbon markets
Interview at CNBC’s SQUAWK BOX to share my views on ‘Convergence of Blockchain and the Internet of Things’ and how this convergence can deal with green washing issues in the Voluntary Carbon Market and enable fractionalisation of Carbon Credits.
CNBC Hosts:
- Oriel Morrison from Singapore
- Akiko Fujita from Singapore
- Bernie Lo from Hong Kong