A presence in Kolkata will enable Alpen Capital to tap the vast opportunities that are present in the Eastern Indian market, the company said.

"India presents a lot of opportunities and we already successfully established our presence in some of the key cities. We have worked with some of the largest conglomerates and business families especially focusing on the India-GCC corridor.

"Kolkata gives us access to the Eastern Indian markets and we see a lot of business potential in the region," Rohit Walia, Executive Vice Chairman & CEO, Alpen Capital Group, said.

"The opening of the Kolkata office has strengthened our presence in India. With our expertise in closing several complex transactions across the areas of M&A and equity in India over the past few years, we hope that we will work towards exceeding our clients' expectations," said Shiv Khazanchi, Managing Director and Head of India operations, Alpen Capital India Pvt Ltd.

Alpen Capital is an investment banking group headquartered in Dubai. It also has a presence in other GCC locations such as Qatar, Oman and Bahrain.