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Bhima Jewellers, founded in Alappuzha in 1925, is today a multibillion empire with 60 showrooms in India and four in the UAE. The company recently opened its 6,000 sq.ft. headoffice in Dubai.

One of the oldest family-run jewellers in India, the brand plans to open 15 stores in the UAE over the next three years. Further expansion to Qatar and Bahrain are also on the cards based on raising funds amounting to Dh1 billion from high net worth individuals and foreign institutional investors.

In line with this, the brand is partnering with investors to ensure the funds sourced externally are used for expansion plans across the Gulf. – editor@nrifocus.com

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