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UAE's Crescent Group Invests $150M in India
16 Feb
Summary
- Crescent Group plans to invest $150 million in India.
- Investment focuses on consumer, pharma, manufacturing, and financial services.
- This aligns with a broader trend of Gulf investors diversifying eastward.
Crescent Group, a prominent UAE-based entity, has announced plans to invest at least $150 million in India over the coming years. This strategic allocation will be channeled through its growth equity and private equity platform, CE Invests, with a specific focus on mid-market opportunities.
The investment is part of a wider strategy by Crescent Group to deploy $300 million across India, Southeast Asia, and the GCC. The group is accelerating its diversification into emerging markets, with India being a key anchor due to its substantial scale and projected economic expansion.
CE-Invests aims to make direct investments in four core sectors within India: consumer and retail, pharmaceutical and healthcare, manufacturing, and financial services. The firm anticipates closing two to three deals in India within the current year, following its initial investment in Flipspaces last year.
This eastward investment shift by Gulf investors, including Crescent Group, is driven by a desire to diversify away from North America and Europe amidst global economic volatility and geopolitical uncertainty. India's strong economic fundamentals, including stable regulatory reforms and a growing consumer base, are key attractions.
