Established in 1976, ADIA is a globally-diversified investor that prudently invests on behalf of the Government of Abu Dhabi to generate long-term value.
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Indian insurance startup Go Digit raises $141M from anchor investors ahead of IPO
Go Digit raises $141 million from anchor investors ahead of its initial public offering in India. Backers include Fidelity, Goldman Sachs, Morgan Stanley, Abu Dhabi Investment Authority, and Indian mutual funds managed by SBI, ICICI, Axis, Tata, and Edelweiss. The Mumbai-based insurer sells auto, health, travel, and accident coverage and seeks to raise about $313 million at a valuation of about $3 billion, below its last private valuation of $4 billion.
May 2024 · TechCrunchNews article
ADIA invests $500 million in Lenskart
Lenskart agrees to raise $500 million from the Abu Dhabi Investment Authority (ADIA) in an extension of its previous round. The investment includes secondary share purchases and preserves the eyewear retailer’s $4.5 billion valuation. Lenskart operates in India, Southeast Asia and the Middle East, selling online and through more than 2,000 stores, and plans to manufacture 20 million pairs of glasses next year.
Mar 2023 · TechCrunchNews article
Abu Dhabi Investment Authority
Operating Status: Operating
ADIA, a sovereign wealth fund of Abu Dhabi, manages the emirate's oil reserves and oversees $853 billion.