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UAE tech startup fund shortlists Bengaluru for future investments – sme News

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UAE-based, Global Millennial Capital (GMCL), which invests in global tech startups, is currently analysing the Bengaluru market for investing through its Fund I and upcoming Fund II. “We believe we have a significant investment opportunity in Bengaluru for the next 10 to 12 years, which is our typical investment cycle,” Andreea Danila, founder and general partner, GMCL, told Fe.

The firm announced the close of its first fund at $20 million in February this year. Led by Qatar-based Al Attiyah family office, with participation from…



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