Cupid Limited Announces Strategic Investment in Saudi focused Healthcare Fund by Gulf Islamic Investments

Cupid Limited, one of India’s leading producers of health and personal care products — including male and female condoms, water based personal lubricants, diagnostic kits, fragrances, hair and body oils, and other FMCG items — this investment represents Cupid Limited’s first strategic entry into the Middle Eastern market. This initiative reflects the company’s long-term vision to diversify and drive opportunities in global markets with a high growth potential.

Commenting on the development, Mr. Aditya Kumar Halwasiya, Chairman and Managing Director said, “We are proud to invest in the healthcare-focused investment vehicle of GII in this landmark partnership. This investment represents a secure, dollar-denominated asset, and lays the foundation for Cupid’s entry into the Gulf region. Our personal care products, align strongly with the patient demographic in the GCC, creating future synergies and huge distribution opportunities.”

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