100Unicorns opens an office in Abu Dhabi International

100Unicorns, the largest venture capital fund and accelerator in India for early-stage startups, announced that it has chosen Abu Dhabi as its first stop for expansion into foreign markets, by opening its office in the Abu Dhabi Global Market (ADGM), the global financial center in Abu Dhabi. . 100Unicorns, formerly known as “9Unicorns,” was founded in 2020 according to a vision that aims to develop and create more than 50 companies specialized in providing specific products, and the company currently has a new fund with a target size of $200 million.
“100Unicorns”, through the strategic location of the UAE as a gateway to the broader market of the Middle East and North Africa region, aims to create a cross-border corridor between India and the entire region in order to enable investments in startups and accelerate their growth and incubation, in addition to supporting the development of the startup ecosystem. In India and the UAE.

On this occasion, Dr. said: Apoorva Ranjan Sharma, Managing Director and Founder of 100Unicorns: “We are delighted to set up our office in the UAE. This is a major milestone in our journey to bring the best of India’s vibrant startup ecosystem to international investors. By establishing our fund within Abu Dhabi Global ( ADGM, we aim to open doors for investors in the MENA region to enable them to access high-growth opportunities in India while ensuring that they benefit from corporate governance standards and transparency. “High level.”

Manoj Ahirai, Global Partner and Senior Executive at 100Unicorns, said: “ADGM’s proactive support and world-class legislative framework played an integral role in facilitating the launch of 100Unicorns in the UAE, providing the guidance and resources needed for the seamless integration.” In the financial and commercial ecosystem of the region, our entry into this market is not only consistent with our growth strategy, but also contributes to consolidating the bonds of historical relations between… India and the UAE, enhancing cross-border cooperation and innovation.”