Mumbai, 17 August 2024 — Indian SMEs are poised for a significant growth opportunity as UAE-based NRI businessman Hari Gupta announces a ₹100 crore investment through his company, SkyHigh. This investment will be funneled via a SEBI-approved Alternative Investment Fund (AIF), with a focus on participating as an Anchor or QIB Investor in SME IPOs.
Hari Gupta’s entrepreneurial journey, which began with a small $250 loan, has flourished over three decades, during which he has successfully elevated lesser-known brands to leading positions in various markets. Among his many accomplishments, Gupta produced the TV reality show My First Million, which aired on Zee International TV in 2010.
SkyHigh’s initiative aims to provide Indian SMEs not just with capital but also with the expertise needed to expand into global markets. Utilizing Gupta’s extensive networks in the UAE, Singapore, Sri Lanka, Nepal, and CIS countries, SkyHigh plans to offer SMEs marketing and branding support, including media coverage, billboards, and celebrity endorsements—all at no upfront cost.
SkyHigh representatives recently attended the Mumbai Money Expo, where they engaged with potential SME partners and merchant bankers to discuss future collaborations. A leading celebrity has endorsed the initiative, highlighting its potential to align with the ‘Make in India’ initiative and propel Indian SMEs onto the global stage.
For additional details or to explore partnership opportunities, please contact:
Hari Gupta
Phone (UAE): +971 5251 40619
Phone (India): +91 920 50 18270
Email: ipo@SkyHighAmc.com
