Entrepreneur Hari Gupta to Pump ₹100 Crore into Indian SMEs, Aims to Boost Global Presence
New Delhi: In a significant move to bolster the Indian SME sector, Hari Gupta, a prominent UAE-based NRI entrepreneur, has committed to investing ₹100 crore in small and medium enterprises across India. The investment will be channeled through SkyHigh, a company founded by Gupta, which also plans to establish a SEBI-approved Alternative Investment Fund (AIF) [...]
New Delhi: In a significant move to bolster the Indian SME sector, Hari Gupta, a prominent UAE-based NRI entrepreneur, has committed to investing ₹100 crore in small and medium enterprises across India. The investment will be channeled through SkyHigh, a company founded by Gupta, which also plans to establish a SEBI-approved Alternative Investment Fund (AIF) to actively participate in SME IPOs as an Anchor or Qualified Institutional Buyer (QIB).
Hari Gupta, who began his entrepreneurial journey with a mere $250 loan, has built a formidable business empire over the past 30 years. His ventures span multiple countries, and he is known for elevating lesser-known brands to top market positions, both in India and internationally. Gupta’s notable achievements include producing the 2010 TV reality show My First Million, aired on Zee International TV.