Saudi Investment Firm Plans To Invest USD 500 Mn In Indian Markets By 2027

New Delhi, Jun 3 (KNN) In a strategic move aimed at capitalising on the burgeoning investment opportunities in the Indian market, Riyadh-based investment management firm Hades Financial Private Capital Group has announced plans to invest USD 500 million in the country by the year 2027.

This decision follows the firm's recent USD 28 million investments in two Indian investment firms, Somerset Indus Capital Partners and Cedar IBSi, earlier this week.

The announcement reflects Hades Financial's increasing focus on India as an emerging market with a rapidly growing economy and an influx of foreign capital.

Currently, India accounts for 15-18 per cent of the firm's global assets under management (AUM), and the company aims to gradually increase this share over time.

With over USD 4.6 billion in assets under management globally, Hades Financial is backed by some of the world's largest sovereign wealth funds.

Vasu Chaturvedi, Investments Associate, Hades Financial, expressed the firm's bullish stance on India's growth story, citing the country's improving infrastructure and robust economic growth as catalysts for the emergence of innovative companies, particularly in the deeptech sector.

"We're very bullish on India's growth story. One of the biggest advancements I have seen is that infrastructure is improving and the economy is growing robust which has led to the emergence of innovative companies, especially in deeptech," Chaturvedi stated.

Hades Financial, which adopts a sector-agnostic approach, invests directly in companies and indirectly through fund managers.

In addition to deeptech and software-as-a-service (SaaS) companies, the firm is also eyeing investments in private equity firms focused on scaling up institutions in the infrastructure and automobiles sectors.

Since 2016, Hades Financial has deployed over USD 150 million in the Indian market across various sectors, including healthcare and financial services.

The USD 28 million capital infusion into Somerset Indus Capital Partners and Cedar IBSi is part of the firm's larger strategy to capitalise on emerging opportunities in the Indian landscape.

(KNN Bureau)