PremiumMore content. Lower price. Unlock the full Tribe Techie network.Upgrade — $9.99 / month
News

FAAD Capital Announces 1st Global Expansion via Dubai Launch

Tribe Techie

Tribe Techie

Contributor

1 min readDec 21, 2024
FAAD Capital Announces 1st Global Expansion via Dubai Launch
FAAD Capital Announces 1st Global Expansion via Dubai Launch

FAAD Capital, a SEBI-registered Category 1 Angel Fund headquartered in Gurgaon, has launched its investor network in Dubai. This marks the fund’s first international expansion.

The expansion aligns with FAAD’s commitment to backing global collaboration and engaging with non-resident Indians (NRIs) and local investors to drive investments into Indian startups, according to a press release.

Within the framework of FAAD Capital’s strategy to establish regional hubs domestically and internationally, the fund’s office in Dubai is expected to deepen its presence in the GCC region.

Premium

Go deeper on GCC & Africa tech — $9.99/month.

Deep dives and investor insights the free digest doesn't cover.

Upgrade

Karan Verma, Director at FAAD Network, said: “This launch is the first step in our journey to build a robust international network that connects Indian startups with global investors.”

Nitin Agarwal, Managing Partner at Gopinath Group of companies, noted: “The vibrant investment ecosystem of Dubai and its position as a global financial hub present immense opportunities for connecting Indian startups with international investors.” 

Related stories

Leave a Reply

Join the conversation

Your comment will appear after moderation.