Smartkarma, a Singapore-based global investment intelligence platform, has acquired Helixtap, a global commodities alternative data and insights platform, in a strategic move to enhance its market presence and proprietary data services.
The acquisition marks a significant milestone in Smartkarma’s efforts to broaden its coverage across critical global commodity supply chains, particularly in the rapidly evolving electric vehicle (EV) market and other commodity sectors, per the announcement.
The acquisition aligns with Smartkarma’s long-term strategy of expanding its proprietary data capabilities and institutional market coverage.
By integrating Helixtap’s specialized insights, particularly in natural rubber and automotive sectors, Smartkarma aims to strengthen its data offerings and deliver enhanced market intelligence to its clients.
This move underscores the platform’s focus on offering enriched data solutions and analytics, especially in commodities and alternative data markets, which are becoming increasingly important for institutional investors.
Helixtap, also based in Singapore, is recognized for its expertise in commodity pricing, with a particular focus on natural rubber, the automotive industry, and the growing EV market.
The acquisition allows Smartkarma to tap into Helixtap’s established network and knowledge in these sectors, providing additional value to its existing client base while broadening revenue opportunities.
The acquisition is timely, given the growing complexities in global commodity markets. Factors such as supply disruptions caused by La Niña, new European Union deforestation regulations, and increasing volatility in the rubber market are influencing global supply chains.
The strategic combination of Smartkarma’s institutional coverage and Helixtap’s commodity insights positions the merged entity to offer comprehensive data assessments and analytics, catering to the shifting dynamics of the global commodity and financial markets.
This move also reflects Smartkarma’s commitment to leveraging technology to drive innovation in financial and market intelligence. The firm is backed by prominent shareholders including Singapore Exchange, Enterprise Singapore Seeds Capital, Peak XV, Wavemaker, and Jungle Ventures.