Mobily Ventures
Investment Details
Investor Type
Corporate VC
Asset Class Focus
Venture Capital
Stage Focus
Seed, Early Stage, Growth
Geographical Focus
India, United Arab Emirates, Saudi Arabia, Bahrain
Industries Focus
- E-commerce
- Entertainment
- IT Services
- Cloud Services
- Digital Advertising
- Information and Communications Technology
- Digital Content
- Mobile Financial Services
Investor Details Founded: 2014
Mobily Ventures is the corporate venture capital arm of Etihad Etisalat Co. (Mobily), established in 2014 and based in Riyadh, Saudi Arabia. The fund focuses on developing startups that drive innovation in the Information and Communications Technology (ICT) industry. Its investment areas include e-commerce, mobile financial services, digital advertising, digital content, entertainment, IT services, and cloud services.
As a wholly-owned subsidiary of Mobily, Mobily Ventures operates with its own decision-making, approval, and funding processes. The fund has invested in several companies, including Anghami, the first music-streaming platform in the MENA region, which became the first Arab technology company to list on NASDAQ New York in 2021.
Mobily Ventures aims to support the startup ecosystem through investments and partnerships, contributing to the growth and development of the technology and telecommunications sectors in the MENA region.
Requirements
- Innovative technology solutions
- Scalable business models
- Strong management teams
Contact
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Portfolio Companies
- Anghami
- Fetchr
- Dokkan Afkar
- Hellofood
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