2 hrs ago
Naresh Shroff Plans $150 Million UAE Investment Platform
Naresh Shroff says he plans to create an investment platform in the United Arab Emirates.
He is aiming for a pool of $150 million.
The platform would consider businesses in areas such as healthcare, education and technology.
Shroff says he wants to support businesses with money and guidance.
He also says he previously invested about ₹40 crore over ten years and recovered that capital.
Alongside the business plans, his Jao Padho programme aims to help students access learning resources.
The programme may provide school kits, classes and digital learning tools.
He says he wants business growth and social impact to go together.
Naresh Shroff plans to establish a UAE-based investment platform targeting a $150 million investment pool.
The proposed platform would consider businesses in healthcare, education, technology, biotechnology and other emerging sectors.
Shroff says he invested approximately ₹40 crore over the past decade and has since recovered that capital.
His education-focused Jao Padho initiative aims to support thousands of students annually with school kits, classes and digital learning applications.
Shroff also plans to explore collaborations with family offices, high-net-worth individuals and other private-market participants.
- Who
- Investor and entrepreneur Naresh Shroff.
- What
- He plans a UAE-based investment platform targeting $150 million and is expanding education and healthcare social-impact initiatives.
- Where
- The proposed platform would be based in the United Arab Emirates, with India also identified as important to the plans.
- When
- The announcement was dated October 6; no year was specified.
- Why
- Shroff says he aims to back scalable businesses with capital and guidance while supporting education, healthcare and wider social impact.
Key facts
- Target investment pool
- $150 million
- Proposed platform base
- United Arab Emirates
- Sectors named
- Healthcare, education, technology, biotechnology and other emerging sectors
- Previous investments
- Approximately ₹40 crore over the past decade; Shroff says the invested capital was subsequently recovered.
- Education initiative
- Jao Padho
- Planned student support
- The initiative aims to support thousands of students annually through school kits, teaching classes and digital learning applications.
- Potential collaborators
- Family offices, high-net-worth individuals, strategic investors and other private-market participants
Quotes
Naresh Shroff
Investor and entrepreneur associated with Grid Labs Growth Grid.
“For me, CSR is not charity; it is an investment in human beings and in the future of society. Through ‘Jao Padho’ and our initiatives in education and healthcare, I want to contribute towards creating a healthier, better-educated and more empowered society. My vision is to create an environment where people around me have the opportunity to grow, prosper and live with dignity.”
theprint.in
“My approach to investment is not simply about deploying capital. I am interested in businesses that solve real problems, have credible leadership and possess the ability to scale sustainably. With the proposed $150 million UAE platform, the objective is to identify promising businesses and support them with capital, strategy and a long-term growth perspective.”
theprint.in
Sources
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