WC

Market Research Report: Wamda Capital



Company Overview



Name: Wamda Capital

Mission:
We invest in transformational businesses and create meaningful partnerships with entrepreneurs.

Founded: 2010

Founder: Fadi Ghandour

Key People:
  • Fadi Ghandour: Executive Chairman

  • Fares Ghandour: Partner

  • Daniel dos Reis: Investment Director

  • Varun Sharma: Investment Associate

  • Dima Beidas: Investment Associate

  • Annelies Feeney: Executive Assistant

  • Micah Vino: Office Administrator

  • Abdul Munam: Accounting and Finance Controller


Headquarters: Dubai Design District (d3), P.O.Box 333231, Dubai, UAE

Number of Employees: No information is available

Revenue: No information is available

Notable Achievements:
  • Investing in over 67 companies through Wamda Seed and Wamda Capital Fund I.

  • Successful exits include companies like Careem, Mumzworld, and Twiga.

  • Participated in significant funding rounds and investments, like Salla's $130 million pre-IPO and Tabby's $58M at a $660M valuation.


Products



Wamda Capital Funds



Wamda Capital Fund I


  • Overview: Launched in 2015, it is one of the region’s first Venture Capital funds, focusing on growth stage businesses (series A and above) in the Middle East, Africa, and Turkey.

  • Key Features: $70 million fund anchored by the IFC, with participation from Zain and other regional investors.


Wamda Seed


  • Overview: An early-stage evergreen investment entity backed by the personal capital of Fadi Ghandour targeting sector-agnostic, Seed to Series A technology startups based in the MENAPT region.

  • Key Features: Provides patient capital without a predefined fund lifecycle, allowing flexibility in investment.


Recent Developments



New Products Launched


  • Tabby Shop: An all-encompassing shopping tool integrated into the Tabby app.


New Features Added to Existing Products


  • CleverSo 3.0: Launched by Tarjama, featuring AI-enabled translations and the first TMS with an Arabic UI.


New Partnerships and Acquisitions


  • Dukkantek and Lezzoo: Strategic partnership to transform Iraq’s F&B supply chain.

  • Belgium’s Deliverect and UAE’s ChatFood: Acquisition enabling Deliverect to extend its offerings in the Middle East.

  • Floranow and Saudi Arabia’s Bloomax: Floranow fully acquired Bloomax to expand its market presence.


Significant Fundings and Financial Developments


  • qeen.ai: Secured a $2.2 million pre-Seed funding round led by Wamda Capital.

  • RemotePass: Raised $5.5 million in Series A funding.

  • Salla: Secured $130 million pre-IPO investment led by Investcorp.

  • Alma Health: Raised a $10 million Series A funding round.


Noteworthy Events


  • Wafeq: Raised $3 million amidst the GCC implementing VAT agreements.

  • Moove: Raised $76 million in new funding from Mubadala and BlackRock at a $550M valuation.


For detailed archives and more news, visit Wamda Capital's [news page](https://www.wamdacapital.com/news).

Contact Information


Address:
Dubai Design District (d3), P.O.Box 333231, Dubai, UAE

Email:
info@wamdacapital.com

Website:
[wamda.com](https://www.wamda.com)




This structured and information-dense report is based on the available data and adheres to professional report standards. For any additional queries, Wamda Capital can be contacted at the provided email and address.