Dubai Future District Fund and Buimerc Corporation Limited announced a partnership. The deal was unveiled at the Indian consulate in Dubai. It will support entrepreneurship and investment ties between the UAE and India.
Partnership plans
The partners plan to exchange market insights and help founders and fund managers establish a presence in Dubai. They will also organize entrepreneurship programs, delegation visits, and events. The meeting was attended by senior officials from India and Dubai.
Buimerc profile
Buimerc is an investment company based in Dubai. It has roots in India and knowledge of both markets. The firm takes a long-term approach to building value.
Fund focus
Dubai Future District Fund is overseen by Dubai International Financial Centre and Dubai Future Foundation. It invests in companies and investment funds at various growth stages. Sectors include proptech, healthtech, logistics tech, deep tech, circular economy, and Web3.
The partnership aligns with the Dubai Economic Agenda D33. That plan aims to double Dubai's economy. It also seeks to place Dubai among the top three global cities for investment, living, and work.