The Government Holding Company in Abu Dhabi ADQ has invested in Indian remote learning company Baigus, which has become one of the most valuable emerging companies in India.
According to Arab Net, Mayak Singal wrote the head of the adventurous capital and technology in the company on the site of Linked. We are honored to be part of them.
Holding has not commented on its investment in the new company and Pigus declined to comment.
India's Economic Times reported that holding investors in the latest financing by Pigus and $ 350 million, which could reach $ 16.5 billion.
Qatar invested in the emerging company was invested in 2019.
Holding was established in 2018 and gained fame last year thanks to a group of deals. It is the third major sovereign fund in the emirate after the Abu Dhabi Investment and Swap Service.
The company has Abu Dhabi and Abu Dhabi Airport and Abu Dhabi Securities Market. The portfolio of food and agriculture companies, and last year had agreed to purchase an indirect share of 45% in Louis Drifus for Trade Commodity.
