Relam Investment, joint venture by UAE-based Vault Investment and Vietnamese MIG Holding, is setting up its office in India. The company, headquartered in Dubai, will focus on investments across multiple sectors, including real estate, technology, energy, oil and gas, trading, healthcare, F&B, retail and agriculture. It plans to invest $250-300 million in the Indian market with an initial focus on real estate and technology. The company has announced two new technology-led investment projects – one focusing the real estate sector, and the second, a trade hub platform, which will move small and medium enterprises into a different paradigm. The firm has allocated an investment portfolio of $50 million to fund emerging technology companies internationally and another $200 million into the real estate sector, where India stands as one of its main hubs. Apart from India, Relam Investment will focus its operations in the UAE, Vietnam, GCC countries, United Kingdom, Turkey, South East Asia and Egypt in the initial years.
