FAAD Capital Expands to Dubai, Aims Global Investment Connections

FAAD Capital, a SEBI-registered Category 1 Angel Fund headquartered in Gurgaon, has launched its investor network in Dubai. This milestone marks FAAD’s first international foray and highlights its commitment to fostering cross-border investments, connecting Indian startups with Non-Resident Indians (NRIs) and local investors in the Gulf Cooperation Council (GCC) region.

TICE brings you inside details from the launch of FAAD in Dubai.

FAAD In Dubai

The inaugural Dubai edition of the FAAD Network Investor Meet was held at the prestigious Shangri-La Hotel. The event witnessed an impressive turnout of over 100 investors, fostering meaningful conversations, collaborations, and potential partnerships. Spearheading the launch was Nitin Agarwal, FAAD’s partner in Dubai. 

Agarwal’s extensive network across the GCC—spanning Dubai, Abu Dhabi, Oman, Doha, Qatar, and Riyadh—played a pivotal role in making this expansion a reality.

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A Strategic Hub for Cross-Border Investments

Dubai’s strategic location and its vibrant investment ecosystem made it the natural choice for FAAD Capital’s first international venture.

“Dubai is a natural choice for our first international presence,” remarked Karan Verma, Director of FAAD Network. “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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Deepening Ties with the GCC Region

FAAD’s expansion strategy is focused on creating regional hubs both within India and globally. While the immediate plan involves conducting quarterly investor meetups, there are ambitious goals to establish a physical office in Dubai. Looking ahead, FAAD has identified Singapore as the next destination for its international journey, reflecting its aspirations to become a global player in the startup investment ecosystem. 

Nitin Agarwal, Managing Partner at Gopinath Group of Companies, elaborated on the importance of this milestone, “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. Through this expansion, we aim to leverage cross-border investment opportunities that drive innovation, create value, and unlock growth for our portfolio companies.”

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Showcasing Indian Innovation: BluWheelz Leads the Charge

Adding a touch of innovation to the event, BluWheelz, one of FAAD’s portfolio companies specializing in sustainable urban mobility, took center stage. Represented by its founders Sanjiv Gupta, Jaspreet Dhingra, and Chanpreet Singh Sethi, BluWheelz captivated the audience with its cutting-edge solutions for India’s growing EV ecosystem. Their presence underscored FAAD’s focus on backing transformative ideas and showcased the potential of Indian startups to address global challenges.

FAAD’s global expansion reflects its broader strategy to bridge the gap between Indian startups and international investors. By building a robust network, the fund aims to foster innovation, deliver exceptional returns to its stakeholders, and cement its position as a leading player in the startup ecosystem.

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