Latest news with #GulfIslamicInvestments
Mint
16-07-2025
- Business
- Mint
Multibagger small-cap stock jumps after this strategic investment move
Stock Market today: Multibagger small-cap stock gained during the intraday trades on Wednesday after it announced a strategic investment move in a healthcare-focused investment vehicle of Gulf Islamic Investments. Check details about Cupid Ltd. Cupid Limited announced on the exchanges on Tuesday, 15 July 2025, after the market hours that it has approved Strategic Investment in GII Healthcare Investment Limited, a healthcare-focused investment vehicle of Gulf Islamic Investments As per the press release on the National Stock Exchange of India and the BSE, or the Bombay Stock Exchange, Cupid Limited, a premier manufacturer and brand of personal products in India, is pleased to announce a strategic investment in GII Healthcare Investment Limited, a healthcare-focused investment vehicle managed by Gulf Islamic Investments (GII). GII Healthcare Investment Limited owns a major minority equity holding in a prominent healthcare provider based in Saudi Arabia. GII is a leading investment organization with assets under management that are surpassing $ 3.5 billion with operations in Saudi Arabia, the UAE, Europe, the United States, and India. Commenting on the development, Aditya Kumar Halwasiya, Chairman and Managing Director, said, 'This investment represents a secure, dollar-denominated asset and lays the foundation for Cupid's entry into the Gulf region. Our personal care products align strongly with the patient demographic in the GCC, creating future synergies and huge distribution opportunities.' Cupid Limited, one of India's prominent producers of health and personal care products such as wellness and hygiene products for men and women, diagnostic kits, fragrances, hair and body oils, and other FMCG items, has made its first strategic investment in the Middle Eastern market. This project represents the company's long-term strategy of diversifying and driving opportunities in global markets with strong growth potential. Cupid share price opened at ₹ 133.55 on the BSE on Wednesday, with only slight gains over the previous trading session's closing price of ₹ 133.45. Multibagger small-cap stock Cupid share price soon gained to intraday highs of ₹ 138, which meant an upside of more than 3% during the intraday trade on Wednesday. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions
Khaleej Times
01-07-2025
- Business
- Khaleej Times
UAE: Investors warned against illegal firm, unlicensed practices to avoid fraud
The Securities and Commodities Authority (SCA) has issued advisories cautioning the public against unlicensed entities. They have warned of an anonymous company falsely presenting itself as Gulf Islamic Investments LLC. In an official statement, they said that the SCA "bears no responsibility for any transactions conducted with entities unaffiliated with the official Gulf Islamic Investments LLC." "Investors are strongly urged to verify the legitimacy of any entity before entering into agreements or making financial transfers. To avoid falling victim to fraud, they should consult the official list of licensed companies available at: they added. Unlicenced Dubai-based company The authority also cautioned investors against dealing with the Dubai-based company ALYWRW FOR MARKETING AND PR L.L.C, as it is not licensed to conduct any financial activities or services regulated by the SCA. "The SCA bears no responsibility for any transactions conducted with this company. Investors are strongly advised to verify the legitimacy of any entity before entering into agreements or making financial transfers to avoid potential fraud," they said. Another warning was issued recently against dealing with MEX Atlantic Corporation as it is not licensed to conduct any activities regulated by the authority. This was in line with its supervisory role over UAE-licensed financial markets and its efforts to advance the national economy, ensure the integrity of financial transactions, and safeguard investor rights.
Arabian Business
28-05-2025
- Business
- Arabian Business
UAE AI startups top pick for investors amid growing global buzz, proactive government support
UAE startups in the artificial intelligence (AI) sector are the latest top picks for venture capitalists (VCs) and private equities (PEs), who are pumping in top dollars into such ventures, betting big on the active governmental support to the sector and the current buzz on the sector globally, investment experts said. Growth-stage ventures in the health and fintech sectors are among the other preferred options for both regional and global investors. The region is also attracting higher levels of funding on the back of the rising influx of entrepreneurs and global talents amidst increased availability of 'capital looking for a home' and the government's open-hand policy to welcome innovators and digital nomads, they said. The rising scalability prospects for UAE startups on the back of a fast-growing market size, along with suitable spending power, is also aiding large-scale funding opportunities for investors. '[Of late], there is an increase in funding for startups proposing AI-related solutions to existing and new issues,' Pankaj Gupta, Co-Founder and Co-CEO of Gulf Islamic Investments (GII), told Arabian Business. 'Investors are perhaps encouraged by the UAE's evident support for AI processes and education,' he said. Sector experts said the increased availability of capital looking for a home – besides real estate and equity stakes, for example – is likely to bring additional opportunities for canny innovators and startup support systems. The UAE is well-placed to benefit from this trend, given its established and supportive economic infrastructure, they said. Global trends impact early-stage funding Gupta said the current trend in global market capital flows affects early-stage investment, as any investor will want to understand what their likely return on investment is. When returns are low, some parties might seek additional risk, including larger allocations of venture capital, he said. Gupta, however, said: 'We are keen to continue to play our part. Through Eureka! GCC, we are ensuring funding support for startups and the existence of benevolent networks of mentors and advisers for early-stage companies.' Senior executives at some of the other investment firms said the UAE – as well as the wider GCC region – is fortunate to have a range of options for its investors, including early-stage companies and ideas. The region's policy of welcoming digital nomads and nascent business owners is also leading to a surge in the influx of young entrepreneurs and talents from around the world, attracting investors to the region, they said. Gupta, however, said funding is not the only resource that they require, though it is an important one. 'The process of mentoring and providing advice on how to set up and scale a business can be as valuable as cash,' he said. Gupta also said that although it's probably more difficult to secure early-stage funding for startups now across the GCC than, say, a few years ago, there are still well-established paths to win startup capital, notably in Dubai and Abu Dhabi. UAE's rising startup ecosystem Industry players said the rising trend of the startup sector funding in the UAE is highly significant, as with regional economic diversification gaining momentum, the role of private capital in nurturing non-oil sector startups and supporting national growth agendas is becoming highly critical. Entrepreneurs and innovators in the UAE, however, are fortunate to have a strong, government-created network of business support schemes such as D33, G42, etc that invest in selected ideas alongside private capital, they said. Gupta said the rising influx of global talent and founders to Dubai is also playing a key role in shaping the startup investment landscape in the UAE. 'It's inevitable that if you gather the finest collection of minds in the effective centre of the world – in geographic and airline terms – there will be a smarter set of solutions and startups being created,' he said. The UAE and other neighbouring governments encourage innovation, limited risk-taking and the support to challenge orthodoxy and established business processes. Industry watchers said the ability to stay and invest in the UAE, to educate one's family and build personal assets, also helps to remove a major challenge to entrepreneurs away from their home country. The growing market size, with suitable spending power enabling scalability for startups, is also a major reason for the influx of entrepreneurs and talents to the country and the region, they said. 'That's why we are seeing more success stories from the UAE and Saudi Arabia – the two largest GCC markets – where there are also other established routes to secure additional funding through IPOs, buyouts and other means of capitalising on developed startup and successful innovation,' Gupta said.
Fashion Network
20-05-2025
- Business
- Fashion Network
India Family Mart raises $12 million in series D funding round
Value retail chain India Family Mart has raised $12 million (Rs 100 crore) in its series D funding round from Gulf Islamic Investments, Foundation Private Equity, Carpediem Capital Partners, Capri Global Holdings, HNIs, and promoter JP Shukla. The company will utilse the funds to fuel its retail expansion plans in the value retail segment across the country. It plans to set up 100 stores over the next five years and targeting to cross Rs 600 crore in revenue by 2029. Commenting on the investment, Hithendra Ramachandran, managing director at Carpediem Capital in a statement said, 'The company's focused approach to serving the underserved markets of Tier II, III, and IV cities, combined with its robust operational model and exciting growth trajectory, lays the foundation for building a strong leadership position in India's value retail sector.' JP Shukla, co-founder CEO added, 'The continued support from both new and existing investors is a clear endorsement of our vision and execution. With this fresh capital, we are poised to accelerate our growth, deliver greater value to our customers, and reinforce our leadership in India's value retail market.' Nysaa Retail, the holding company of India Family Mart was established in 2012. It currently operates over 65 stores across 10 states, primarily in tier 2, 3, and 4 cities.
Entrepreneur
15-05-2025
- Business
- Entrepreneur
1-India Family Mart Raises USD 12 Mn in Series D
The fresh funds will fuel 1-India Family Mart's expansion to 100 stores by 2029, focusing on tier II–IV cities and aiming to achieve INR 600 crore in revenue. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Value retail chain 1-India Family Mart has secured USD 12 million in its Series D funding round from a mix of existing and new investors, including Gulf Islamic Investments, Foundation Private Equity, Carpediem Capital Partners, Capri Global Holdings, several high-net-worth individuals (HNIs), and promoter JP Shukla. The fresh capital will be used to accelerate the brand's growth, with a sharp focus on expanding its retail footprint across tier II, III, and IV cities. The company plans to scale its store count from the current 65 outlets across 10 states to 100 stores by 2029, while targeting INR 600 crore in revenue. Earlier, the company raised INR 50 crore (USD 6 million) in Series B funding from Dubai-based Gulf Islamic Investments, while Suumaya Industries acquired a minority stake in its parent firm, Nysaa Retail Pvt Ltd. JP Shukla, Co-founder and CEO, said, "The continued support from both new and existing investors is a clear endorsement of our vision and execution. With this fresh capital, we are poised to accelerate our growth, deliver greater value to our customers, and reinforce our leadership in India's value retail market." Founded in 2012 by Jay Prakash Shukla and Ravinder Singh, 1-India Family Mart operates through mid-sized stores in tier III and IV towns, bringing affordable fashion, lifestyle products, and general merchandise to underserved markets. The company's centralised warehouse in Gurugram and a zero-reverse logistics policy ensure efficient operations by minimising waste. The brand's strength lies in its ability to deliver quality products at competitive prices, while maintaining a curated in-store experience. With a retail footprint of nearly 5 million square feet, it has built a strong presence particularly in Uttar Pradesh, Bihar, and Jharkhand. Hithendra Ramachandran, MD at Carpediem Capital, said, "The company's focused approach to serving the underserved markets… lays the foundation for building a strong leadership position in India's value retail sector." Jeremy Foo, Partner at Foundation Private Equity, added, "We have strong conviction that 1-India Family Mart will be able to capitalize on the strong tailwinds in the market segment it serves." The Series D round reinforces 1-India Family Mart's strategy of tapping into India's rising aspirational consumer base through efficient, value-driven retail.
