Alpen Capital announced the opening of its third office in India, in the garden city of Bengaluru. The setting up of operations in Bengaluru will enable Alpen Capital, India to tap the vast opportunities that are present in the southern India markets.
Alpen Capital is an investment banking group headquartered in Dubai, UAE. It also has a presence in other GCC locations such as Qatar, Oman and Bahrain. Alpen Capital launched its operations in India in 2009 with offices in New Delhi and Mumbai and is registered with a Merchant Banking license with the Securities Exchange Board of India (SEBI). This license enables Alpen Capital to provide an entire range of merchant banking services to its Indian clients that would include issue management services, investment advisory services in the areas of Debt, M & A, Equity and Debt Syndication.
“India is a very important market for Alpen Capital. Since we started our operations in the country in 2009, we have been successful in establishing an identity for ourselves by working with some of the largest conglomerates and business families. We will continue to expand our footprint in India to capitalize on the exciting business opportunities that the Middle-East India corridor provides for businesses in the two regions,” Rohit Walia, Executive Vice Chairman and CEO, Alpen Capital Group, said.
“India is a huge market with a lot of potential. Now that we have a strong foothold in Northern and Western India with Delhi and Mumbai offices, we wanted to expand our footprint in the South. We think Bengaluru is an ideal destination as it provides a good base to tap into the South India markets,” Shiv Khazanchi, Managing Director and Head of India operations, Alpen Capital India Private Limited, said.