FAAD Capital expands global footprint with Dubai launch
FAAD Capital, a SEBI-registered Category 1 Angel Fund headquartered in Gurugram, on Thursday, announced the launch of its investor network in Dubai, marking the fund’s first international expansion.
With this milestone underscores FAAD, aims to support global collaboration and engaging with Non-Resident Indians (NRIs) and local investors to drive investments into Indian startups.
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.
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.
Karan Verma, Director, FAAD Network, said in a statement, “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."
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