FAAD Capital, a SEBI-registered Category 1 Angel Fund headquartered in Gurgaon announced the launch of its investor network in Dubai, marking the fund’s first international expansion.
The inaugural Dubai edition of the FAAD Network Investor Meet was held at the Shangri-La Hotel, and participation from over 100 investors was seen, fostering enriching discussions and connections. The event was headed by FAAD’s partner, Nitin Agarwal, whose pivotal contributions played a significant role in facilitating this expansion.
The Dubai launch is part of FAAD Capital’s broader strategy to establish regional hubs both domestically and internationally. While the focus initially lies on conducting quarterly networking and investor meetups, plans are underway to establish a physical office in Dubai to deepen the fund’s presence in the GCC region. Looking ahead, FAAD has its sights set on Singapore as the next destination for expansion.
“Dubai is a natural choice for our first international presence. The city’s strategic location and its thriving ecosystem of investors make it an ideal hub for supporting cross-border investments. This launch is the first step in our journey to build a robust international network that connects Indian startups with global investors,” said Karan Verma, Director, FAAD Network.
“Dubai is a significant milestone for us as we aim to expand our network internationally. The vibrant investment ecosystem of Dubai and its position as a global financial hub present immense opportunities for connecting Indian startups with international investors. The city’s position as a global investment hub aligns perfectly with FAAD’s vision to connect Indian startups with investors across the world through this expansion, we aim to leverage cross-border investment opportunities that drive innovation, create value, and unlock growth for our portfolio companies,” said Nitin Agarwal, Managing Partner at Gopinath Group of companies.