FAAD Capital, registered with SEBI as a Category 1 Angel Fund, has announced the launch of its investor network in Dubai. It is the first international foray for the fund and marks an important step towards the building of a global investment ecosystem. This would be in line with the vision of FAAD about cross-border collaboration and engaging non-resident Indians and locals with investment flowing into Indian startups.
PC: Zawya
Regarding its expansion in the international markets, FAAD Capital has been opening regional offices both in India and overseas. Its decision to open an office in Dubai will be very important for the establishment of this fund in the Gulf Cooperation Council region since it is known for having great financial infrastructure and a much wider variety of investors.
Dubai, being an international financial hub and having a vibrant investment ecosystem, is the best place for FAAD Capital to reach out to international investors interested in Indian startups. Strategically placed and having a dynamic business environment, it is the hot spot for investment activities in emerging markets like India.
Director at FAAD Network, Karan Verma, said in his reaction to this news. “This launch sets us on the path towards a strong international network for Indian startups and global investors,” he said. “This Dubai office will work as a bridge connecting the Indian entrepreneur to meaningful collaboration with investors in the GCC region and beyond.”
Nitin Agarwal, Managing Partner at Gopinath Group of companies, echoed similar sentiments about Dubai’s potential. He remarked, “The vibrant investment ecosystem of Dubai and its position as a global financial hub present immense opportunities for connecting Indian startups with international investors.” Agarwal added that such initiatives are critical for fostering innovation and creating growth opportunities for Indian entrepreneurs.
The idea is to locate its office in Dubai, so that there will be a network creation of Indian startups with international investors. Hopefully, this will drive the flow of capital toward the fast-growing Indian startup ecosystem and promote innovation and further economic growth.
FAAD is very keen on its cooperation philosophy and has shown an approach towards engaging global economies to establish its footprint as an investment giant at the global level. The Dubai initiative of FAAD is a launch pad to the bigger picture and larger strategic plan in facilitating Indian entrepreneurship by leveraging markets and networks globally.
This is a very big leap forward for FAAD Capital in its attempt to act as a facilitator of cross-border investments, and in helping Indian startups leverage resources, expertise, and funding from a global pool of investors.
