IntraWorks Strategic Fund I, LP & 3 Ors v Prisma AI Corporation Pte Ltd & Anor

[2026] SGHC(I) 8 Singapore International Commercial Court 25 June 2026 SIC/OA 13/2024 · SIC/OA 7/2025 99 min read
15 cases cited (13 SG, 2 foreign)

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Key facts

Court Singapore International Commercial Court
Decided
Judge David Wolfe Rivkin
Charges / claim Contract, Injunctions, Companies
Counsel Rajah & Tann Singapore LLP, Wong & Leow LLC, Ajay Nair, Chew Xiang, Darrell Lee, Darren Lim, Emmanuel Chua, Jung Sangbum, Nandakumar Ponniya, Tan Jia Xin

Source: [2026] SGHC(I) 8, Singapore International Commercial Court, decided — eLitigation. Updated .

Catchwords

Practice Areas

Judges (1)

Counsel (10)

Parties (6)

Case Significance

In Intraworks Strategic Fund I, LP and others v Prisma AI Corp Pte Ltd and another and another matter ([2026] SGHC(I) 8), David Wolfe Rivkin IJ of the Singapore International Commercial Court delivered judgment on 25 June 2026 in two originating applications — OA 13 of 2024, brought by IntraWorks Strategic Fund I, LP, Kahiko Consulting, LLC, Brett Scott Ellen and Legacy of Takeo Holdings, LLC against Prisma AI Corporation Pte Ltd and Shreeram Subramaniam Iyer, and OA 7 of 2025, brought by IntraWorks Strategic Fund I, LP and Kahiko Consulting, LLC against Prisma AI Corporation Pte Ltd alone — over alleged breaches of investment agreements, including a counterclaim by Prisma AI Corporation Pte Ltd against IntraWorks Strategic Fund I, LP. Heard on 15–16 and 19–21 January and on 20 March 2026, the judgment addressed contractual breach, contractual terms, minority shareholder oppression and injunctions, following a consent bifurcation of proceedings recorded in SIC/ORC 40/2025 on 23 June 2025, and was confined to issues of liability. The decision cites 15 authorities, 13 Singapore and 2 foreign, and references the Companies Act and the Evidence Act.

[2026] SGHC(I) 8 explained

IntraWorks Strategic Fund I, LP & 3 Ors v Prisma AI Corporation Pte Ltd & Anor ([2026] SGHC(I) 8) is a Singapore judgment decided by the Singapore International Commercial Court on 25 June 2026. It is categorised under Contract, Injunctions, and Companies. It is a recent decision; within this corpus no later judgment has cited it yet. This page summarises what the reported decision covers and links the primary sources — the full judgment, the statutes it cites, and the other cases it engages with — so the decision can be read in context. It is reference information, not legal advice, and it does not state the outcome or any holding beyond what the official judgment records.

What is [2026] SGHC(I) 8 about?

IntraWorks Strategic Fund I, LP & 3 Ors v Prisma AI Corporation Pte Ltd & Anor ([2026] SGHC(I) 8) is a Singapore International Commercial Court decision from 2026. Its published catchwords are “Contract — Breach”, “Injunctions — Application”, “Contract — Contractual terms”, and “Companies — Oppression — Minority shareholders”, which indicate the subject matter the judgment addresses. The full reasoning and orders are in the judgment itself, linked below.

Which legislation does [2026] SGHC(I) 8 consider?

The judgment refers to Companies Act (Cap 50) and Evidence Act (Cap 97). The statutes cited are listed in full on this page, each linking to its primary text.

What earlier Singapore cases does [2026] SGHC(I) 8 cite?

Among the in-corpus authorities it refers to are [2025] SGHC(I) 1. The complete list of cases cited, and of later cases that cite this decision, is shown on this page.

Who are the claimants and defendants in the two SICC originating applications decided in [2026] SGHC(I) 8?

David Wolfe Rivkin IJ decided OA 13 of 2024 (IntraWorks Strategic Fund I, LP, Kahiko Consulting, Brett Scott Ellen and Legacy of Takeo Holdings v Prisma AI Corporation and Shreeram Subramaniam Iyer) and OA 7 of 2025 (IntraWorks and Kahiko Consulting v Prisma AI Corporation alone) on 25 June 2026.

Statutes Cited

Cases Cited (15)

SG (2)
[2022] SGHC 173 [2025] SGHC(I) 1
SLR (11)
[1994] 2 SLR(R) 501 [2010] 2 SLR 776 [2016] 1 SLR 373 [2017] 2 SLR 997 [2018] 2 SLR 333 [2018] 4 SLR 331 [2020] 1 SLR 771 [2020] 2 SLR 386 [2021] 1 SLR 631 [2021] 4 SLR 883 [2024] 1 SLR 307
UK (2)
[1915] AC 79 [2019] 4 WLR 2

Related cases

Other Singapore judgments involving the same parties or counsel.

Referenced in

Judgment

Read the full judgment on the official Singapore Courts portal.

Read on eLitigation

Source: eLitigation ([2026] SGHC(I) 8)