Alpen Capital India Pvt Ltd, a leading investment banker that launched its India operations in 2009 with offices in Mumbai and Delhi, has now opened a third office in Bangalore, according to a company statement.
Alpen, which caters to institutional and corporate clients in GCC countries and across Asia, has registered with SEBI with a merchant banking licence that enables it to provide a range of services including issue management and investment advisory services in the areas of debt, M&A and equity.
“We will continue to expand our footprint in India to capitalise on the exciting business opportunities that the Middle East-India corridor provides for businesses in the two regions,” said Rohit Walia, executive vice-chairman & CEO of the Alpen Capital Group.
“India is a huge market with a lot of potential. Now that we have a strong foothold in northern and western India with our Delhi and Mumbai offices, we wanted to expand our footprint in the south. We think Bangalore is an ideal destination as it provides a good base to tap into the southern India markets,” said Shiv Khazanchi, managing director and head of India operations at Alpen Capital India Pvt Ltd.
Alpen Capital also operates a financial advisory and consultancy services firm in India called Sarasin Alpen India Pvt Ltd, a subsidiary of the Swiss private bank, Bank Sarasin. Sarasin Alpen India provides consultancy services to private clients in India and distributes select third-party products.
Earlier this year, California-based boutique M&A advisory firm Martin Wolf, which operates as martinwolf, made foray into the country and set up its first office in Bangalore.
(Edited by Sanghamitra Mandal)