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Dubai NRI leader launches Rs10B UAE-India start-up corridor
Khaleej Times
|December 02, 2025
In a landmark move positioned to reshape early-stage entrepreneurship in India, Dubai-based NRI business leader Siddharth Balachandran, executive chairman and CEO of Buimerc Corporation, has announced a Rs10 billion investment initiative into India.
The initiative, to be deployed over the next five years, aims to cultivate a dynamic, accountable, and innovation-driven startup ecosystem an essential foundation for India's long-term goal of emerging as a $30 trillion economy.
This initiative will entail entering into strategic partnerships with leading early-stage investment firms and platforms. As a first major step that kick-starts this investment initiative Buimerc Corporation Limited, has invested into the second VC Fund - IAN Alpha fund, launched by IAN Group, India's single largest early-stage investment platform.
Cette histoire est tirée de l'édition December 02, 2025 de Khaleej Times.
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