Abu Dhabi Investment Office (ADIO), the government entity that helps attract companies and investors in the Gulf emirate, is pursuing Indian startups to set up bases in the region to expand the local economy beyond hydrocarbons.
ICT (information communications technology), financial services, tourism, health services, and biopharma are among the industries with which ADIO is in discussions with businesses. By investing $545 million in its “Innovation Programme,” ADIO has already helped more than 50 businesses in the US, Europe, and Asia. Three Indian companies—FreshToHome, ANSR, and Talent500—have been included in the partnerships for more than a year now.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
