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Gulf Islamic Investment to open office in Bengaluru

Gulf Islamic Investment (GII), a leading UAE-based Shari’ah-compliant financial services firm with over $2 billion of assets under management, has announced its foray into Karnataka, India with plans to open an office in Bengaluru. ....

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UAE's Gulf Islamic Investment to open office in India, invest $500mln

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K'taka signs MoU with Gulf Islamic Investment Group in Dubai

In a big push to attract investments and boost trade, the Government of Karnataka has signed a Memorandum of Understanding with the Gulf Islamic Investment group (GII).The Group held deliberations with Large and Medium Industries Minister . ....

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Gulf Islamic Investment to Open Office in Bengaluru Eyes Strengthening Indo-UAE Investment Ties

UAE is an important partner in Indias emergence as an investment destination and in its vision of becoming an US 5 Trillion economy. In a joint statement, Mr. Mohammed Alhassan and Mr. Pankaj Gupta, Founding Partners and Co-CEOs of Gulf Islamic Investments, said, We are delighted to officially announce our plans to establish a GII office in Indias technology capital of Bengaluru and deeply grateful to the Honorable Dr. Reddy, the Karnataka government, Dr. Puri and CGI Dubai for their diligent and steadfast support as we set-up our very first international subsidiary. ....

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India: Hero Electric raises $30m from Gulf Islamic Investments, OAKS

India: Hero Electric raises $30m from Gulf Islamic Investments, OAKS
Photo: Mint
July 12, 2021
Electric vehicle maker Hero Electric Vehicles Pvt. Ltd on Sunday said that it has raised Rs220 crore as the first part of its Series B funding led by Gulf Islamic Investments (GII) along with participation from existing investor OAKS.
The company will direct this investment towards the objective of further supporting the EV industry and ecosystem, it said in a statement. Avendus Capital was the exclusive financial advisor to Hero Electric on the transaction.
The electric 2-wheeler maker will allocate this investment towards expanding production capacity, consolidating market position to strengthen market leadership, invest in futuristic technology and growing footprint across India-like markets. ....

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