Aditya Kumar Halwasiya, Chairman & Managing Director, Cupid
Cupid, a leading manufacturer of health and personal care products, has made a follow-on investment in healthcare-focused investment platform GII Healthcare Investment.The platform currently holds a significant equity stake in a prominent healthcare provider based in Saudi Arabia.GII is a leading investment firm with assets under management exceeding $3.5 billion and a presence across Saudi Arabia, the UAE, Europe, the USA, and India.The additional investment follows Cupid’s initial investment and underscores management’s conviction in the long-term strategic value creation potential of GII’s healthcare platform.The company believes the GCC healthcare sector continues to offer compelling long-term growth opportunities, supported by rising healthcare expenditure, expanding populations, rising insurance penetration, and sustained government investment across the region.The investment has been made at an attractive valuation, providing the company with an opportunity to increase its participation in the platform’s growth, the company said.GII has built a strong track record of investing in high-quality healthcare assets globally, including Abeer Medical Company, one of Saudi Arabia’s leading integrated healthcare providers, and AlMeswak Dental Company, a leading dental and dermatology care chain in the Kingdom.Aditya Kumar Halwasiya, Chairman & Managing Director, Cupid, said the decision to make an additional investment demonstrates the strong conviction in GII’s healthcare investment strategy and the long-term strategic partnership we have developed.As Cupid continues to expand its own global footprint, the strategic relationship creates opportunities that extend well beyond financial returns, he said.Cupid remains committed to its mission of enhancing preventive healthcare and wellness outcomes while responsibly exploring new geographies in alignment with its corporate values and shareholder interests, he said.Published on July 30, 2026
