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Mumbai (Maharashtra) [India], July 15:<\/strong> <\/span>Cupid Limited, (BSE \u2013 530843, NSE \u2013 CUPID), Cupid Limited, India\u2019s premier manufacturer and brand of male and female condoms, water based personal lubricants, IVD kits, deodorants, perfumes, almond hair oil, body oils, petroleum jelly and other FMCG Products, is pleased to announce a strategic investment in GII Healthcare Investment Limited, a healthcare-focused investment vehicle managed by Gulf Islamic Investments (GII).<\/p>\n GII Healthcare Investment Limited holds a significant minority equity stake in a prominent healthcare provider based in Saudi Arabia, GII is a leading investment firm with assets under management exceeding US$ 3.5 billion with presence across Saudi Arabia, UAE, Europe, USA and India.<\/p>\n Cupid Limited, one of India\u2019s leading producers of health and personal care products \u2014 including male and female condoms, water based personal lubricants, diagnostic kits, fragrances, hair and body oils, and other FMCG items \u2014 this investment represents Cupid Limited\u2019s first strategic entry into the Middle Eastern market. This initiative reflects the company\u2019s long-term vision to diversify and drive opportunities in global markets with a high growth potential.<\/p>\n Commenting on the development, Mr. Aditya Kumar Halwasiya, Chairman and Managing Director said, \u201cWe are proud to invest in the healthcare-focused investment vehicle of GII in this landmark partnership. This investment represents a secure, dollar-denominated asset, and lays the foundation for Cupid\u2019s entry into the Gulf region. Our personal care products, align strongly with the patient demographic in the GCC, creating future synergies and huge distribution opportunities.\u201d<\/p>\n If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Mumbai (Maharashtra) [India], July 15: Cupid Limited, (BSE \u2013 530843, NSE \u2013 CUPID), Cupid Limited, India\u2019s premier manufacturer and brand of male and female condoms, water based personal lubricants, IVD […]<\/p>\n","protected":false},"author":1,"featured_media":54975,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_rishi_post_view_count":91},"categories":[9],"tags":[674],"class_list":["post-54974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-pressrelease","rishi-post"],"rishi__cb_customizer_meta":"","comments_count":"0","_links":{"self":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/54974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/comments?post=54974"}],"version-history":[{"count":0,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/54974\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media\/54975"}],"wp:attachment":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media?parent=54974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/categories?post=54974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/tags?post=54974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}