Latest news with #RichmaxGroup
Zawya
6 days ago
- Business
- Zawya
Richmax Group embarks on global journey with launch of first international office in Dubai
Dubai, United Arab Emirates – In a landmark move that signals its entry onto the global stage, Richmax Group, one of India's emerging business conglomerates, is set to inaugurate its first international office in Dubai on Saturday, July 26, 2025. The launch event will be held at the Grand Hyatt Hotel, Dubai, commencing at 7:00 PM, and will be attended by distinguished officials from the UAE Ministry, business luminaries, and prominent members of the Indian diaspora. The new office, located in the Karama, will house the UAE operations of Richmax Tours and Travels. This strategic expansion is part of the Group's broader vision to extend its footprint across the Middle East and beyond. Founded on a strong legacy of trust, service, and innovation, Richmax Group has steadily diversified its business portfolio across sectors such as financial services, travel and tourism, trading, and community initiatives. With the launch of its Dubai office, the Group aims to bring its hallmark customer-centric approach, technological advancement, and ethical business practices to international markets. A Vision for Growth and Global Excellence Commenting on the milestone, Adv. George John Valath, Chairman and Managing Director of Richmax Group, said: 'This moment marks a new era for Richmax. Our presence in Dubai is a reflection of our aspirations to serve a broader audience and contribute meaningfully to the region's economic and cultural fabric. We chose Dubai not only for its global connectivity but also for the shared values of vision, resilience, and innovation that align with our mission. By 2027, we plan to expand across all Emirates in the UAE, and by 2030, we aim to establish a significant presence across the GCC region.' 'This is not merely a physical expansion, it is the beginning of a transformative journey to connect people, empower communities, and drive progress through excellence in every venture we undertake.' Strengthening Regional Ties and Community Engagement The Dubai office will serve as a gateway to new partnerships, offering tailored travel services under Richmax Tours and Travels, while facilitating business collaborations across diverse sectors. The Group is also committed to engaging with local communities, promoting responsible tourism, and supporting social causes through strategic initiatives. With a strong emphasis on customer satisfaction, technology adoption, and ethical governance, Richmax Group envisions becoming a trusted and respected name across the Middle East, South Asia, and beyond. Media Contact: Sajish Gopalan Regional Head Richmax Group Email: sajish@
Zawya
21-07-2025
- Business
- Zawya
Richmax Group appoints Sajish Gopalan as Regional Head
Dubai, UAE / Kochi, India — Richmax Group, a rapidly expanding Indian conglomerate in finance, gold, jewellery, and travel services, is proud to announce the appointment of Mr. Sajish Gopalan as Regional Head – MENA (Middle East and North Africa). In this strategic role, Mr. Gopalan will lead the group's operations, expansion, and stakeholder engagement across the region, with a focus on driving growth from the group's newly launched base in Dubai. A Strategic Move in the Group's Global Vision The appointment comes at a pivotal time as Richmax Group embarks on its international journey, starting with its Dubai debut in June 2025. The company's MENA operations officially commence from July 2024, with plans to establish a robust presence across all GCC countries by 2027 and achieve full regional coverage by 2030. Richmax Group, headquartered in Kochi, India, has witnessed rapid growth since its inception in 2020. The Group now operates across over 100 locations and aims to expand to 1,000 branches globally by 2030, with a long-term vision of evolving into a Small Finance Bank by 2040. About Sajish Gopalan Mr. Gopalan brings over 20 years of rich experience in public relations, corporate communications, and strategic business development across India and the Middle East. He has held leadership roles in renowned organizations such as Action Global Communications, Watermelon PR, Concept PR, and PR9 Communications, where he most recently served as CEO and Director. Known for his expertise in building brand visibility, media strategy, and stakeholder relations, Mr. Gopalan has worked with high-profile clients such as British Airways, Etihad Airways, BAE Systems, Oxford Business Group, and more. His leadership has consistently delivered measurable impact, including a 250% revenue growth at PR9 Communications within three years. Speaking on his new role, Mr. Gopalan said: 'I am honored to join Richmax Group at such an exciting time. The MENA region holds immense potential, and I look forward to driving our brand presence and operational excellence in alignment with the Group's ambitious vision.' Comment from the Group Leadership Mr. George John Valath, Chairman & Managing Director of Richmax Group, and recently appointed Trade Commissioner to Saudi Arabia, stated: 'We are delighted to welcome Sajish Gopalan to the Richmax family. His deep understanding of regional markets, coupled with his proven track record in communications and growth strategy, makes him the ideal leader to head our MENA operations. His appointment reaffirms our commitment to delivering quality, trust, and innovation globally.' About Richmax Group Founded in 2020, Richmax Group is a diversified enterprise operating across: Richmax Finvest: Specializing in gold-backed loans, savings, insurance, and investment services Valath Jewellers: Pioneering mini-showroom concepts and EMI-based gold retail across Kerala Richmax Voyages: Offering luxury and custom travel solutions, recently launched in Dubai With a mission rooted in transparency, customer trust, and innovation, Richmax continues to transform how financial and lifestyle services are delivered to customers in India and abroad.
Zawya
22-06-2025
- Business
- Zawya
Richmax begins international journey with Dubai debut
Dubai: Richmax Group has announced the official launch of its Travel & Tourism Division in Dubai, marking the company's foray into the Gulf market and signaling the beginning of its international expansion strategy. Operations are set to commence in July 2024, positioning Dubai as the gateway for Richmax's broader GCC ambitions. "This strategic move comes after a comprehensive market evaluation across the UAE and other Gulf nations," said Adv. George John Valath, Chairman of Richmax Group. 'It is the first step in a long-term global vision.' Founded in 2020 amidst the pandemic, Richmax Finvest, the group's flagship financial services arm, has grown rapidly from its roots in Kalamassery, Kerala, expanding across South India, Odisha, Delhi, and West Bengal. The group now aims to establish 1,000 branches by 2030 and transition into a Small Finance Bank by 2040, reflecting its long-term growth ambitions. Launched in 2024, Richmax Tours & Travels has quickly gained traction with its curated international travel packages and growing customer base. After opening its second branch in Aluva in 2025, the company is now ready to go global with its Dubai outlet. As part of its expansion roadmap, Richmax plans to establish a presence in all Emirates of the UAE by the end of 2027, and across all GCC countries by 2030. Another key vertical, Valath Jewellers, also continues its upward growth under the Richmax umbrella. With established showrooms in Kalamassery, Aluva Road, and Kanjur, the brand is expanding further into Central Kerala and Tamil Nadu. A Dubai showroom is also in the pipeline, as part of a wider goal to make Valath Jewellers a publicly listed company by 2028. Further diversifying its portfolio, Richmax has launched Richmax Marketing & Consultancy, a strategic advisory arm that provides business consulting services to internal and external clients. As part of its strong commitment to community welfare, Richmax Group drives several impactful initiatives under its CSR banner 'Sparsh.' The program focuses on key social priorities such as environmental sustainability, youth empowerment, women's safety, and education. In 2024 alone, the group planted over 1,200 saplings as part of its green initiative. The 'I Stand Against Drugs' campaign reached thousands of students across various regions, promoting awareness and prevention. The 'Bindhiya Mission' advocates for women's safety and empowerment, while the annual 'Vidya Jyothi Awards' celebrate academic excellence by honoring outstanding student achievers. With the UAE launch as a pivotal milestone, Richmax Group is poised to become a significant player across the GCC, driven by innovation, vision, and a strong community-first philosophy. -Ends- About Richmax Group Founded in 2020, Richmax Group is a diversified business conglomerate headquartered in India with interests spanning financial services, travel and tourism, jewelry retail, and strategic consulting. With a vision to become a Small Finance Bank by 2040, the group operates under key verticals such as Richmax Finvest, Richmax Tours & Travels, Valath Jewellers, and Richmax Marketing & Consultancy. Known for its rapid growth and strong community-first philosophy, the group is also committed to impactful CSR initiatives through its 'Sparsh' program. Richmax has now embarked on its international journey, with its UAE operations marking the first step toward a wider GCC and global presence. For media inquiries, please contact: Sajish Gopalan Regional Head – Richmax Group
