Realm Investment LLC, a Dubai-based asset management firm, is eying big on the real estate and technology sectors and has picked India as its preferred destination to get started on those fronts.
The company has promised $250 million in investment to Indian startups representing the real estate and tech sectors. This is indeed a big step forward for the investment company that officially made its debut in the booming Indian market on Tuesday, May 8, 2018.
“Dubai and India have a history of strong trade and cultural relations. India will be a vital market for us, considering the growth potential it offers, especially under the current government,” said Sultan Ali Rashed Lootah, Chairman and Managing Director at Realm Investment, during his conversation with the media.
In addition to its investments, Realm will also explore possible collaborations with its strategic and financial partners for further co-investment opportunities.
Lootah added, “We are negotiating with multiple financial institutions and Indian companies for partnership. Because we are new to India, we would like to partner with Indian firms to better understand the market before taking a larger exposure.”
There is a big difference between the approach Realm has embarked on with its investments and that of most other private equity firms. Unlike the vast majority of its fellow investment firms, Realm is not going to confine its investments to just completed real estate projects. Instead, it will also fund projects that are brand new with an investment time frame spanning a decade or 15 years.