100Unicorns, India’s early-stage venture capital firm, has announced its expansion into the MENA region with the opening of its first international office at Abu Dhabi Global Market (ADGM), the emirate’s international financial center.

Previously known as 9Unicorns, the firm launched in 2020 with the mission of nurturing over 50 category-leading startups.

“ADGM’s proactive support and world-class regulatory framework have been instrumental in facilitating 100Unicorns’ launch in the UAE,” said Manoj Aheeray, Global Partner & SEO with 100Unicorns. “Our foray into this market strengthens the historic ties between India and the UAE, fostering cross-border collaboration and innovation.”

Arvind Ramamurthy, Chief Market Development Officer at ADGM, emphasized the alignment with the financial hub’s mission: “ADGM’s robust regulatory framework, world-class infrastructure, and strategic positioning create an ideal environment for financial institutions like 100Unicorns to thrive, reinforcing the UAE’s status as a global hub for innovation and entrepreneurship.”

India, home to the world’s third-largest startup ecosystem, boasts over 110,000 startups and 111 unicorns valued collectively at $350 billion. From 2015 to 2022, the nation saw a 15-fold increase in startup funding.

Beyond funding, 100Unicorns provides mentorship, acceleration services, and strategic guidance, drawing on a network of successful founders, industry veterans, and global advisors.