Dubai Future District Fund and Bimark Corporation Limited have announced a strategic partnership to strengthen cooperation across innovation, investment and entrepreneurship between the UAE and India.
The partnership, announced at a meeting at the Consulate General of India in Dubai, will explore joint opportunities to support Dubai’s startup ecosystem and help entrepreneurs and fund managers establish a presence in the emirate. It will also cover market knowledge exchange, entrepreneur programmes, delegation visits and events.
Dubai-based Bimark, which has roots in India, brings experience across both markets, according to the announcement. The collaboration is intended to create more pathways for Indian startups and investors to build businesses in Dubai and expand internationally.
Nader Al Bastaki, executive director of Dubai Future District Fund, said the partnership would help ambitious companies launch globally by using the fund’s network of investors and entrepreneurs in Dubai.
The fund, overseen by Dubai International Financial Centre and Dubai Future Foundation, invests in companies and investment funds across sectors including proptech, healthtech, logistics technology, deep tech, the circular economy and Web3.
Source: WAM
