Evolvence Capital in Dubai Invests in India
Evolvence Capital investment fund in Dubai, competent in the field of alternative investments announced its intention to invest from a pool of 400 million U.S. dollars equivalent to one billion and 472 million dirhams from Complex Companies and institutional investors and high net worth individuals around the world.
Khaled al- Muhairi , CEO of Evolvence Capital, told reporters on July 21st, in Dubai that the Indian economy has shown remarkable resilience in coping with the repercussions of the global financial crisis , as it has maintained a record growth rate of 2.7 per cent during the current fiscal year 2010.
Khaled al- Muhairi explained that this growth is based on a broad base of potential and long-term fundamentals in the private equity sector in India, which represents an important market for Evolvence Capital through effective investments since 2004 .
Khaled al- Muhairi and that Evolvence Capital is to provide exceptional return on investments for its clients by identifying attractive investment opportunities in India, where Evolvence Capital Fund will focus on new categories of growth in the market for medium-sized companies needing to increase their capital to expand their work.
Great article. Thanks for the information. I am from India and I didn’t even know how well we were doing. Its good to have a positive impact about one’s nation
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