Jabbar Internet Group
VC
2009
$90 M
Dubai, Dubai, United Arab Emirates
Investment Ticket
Investment Horizon
Investment Stage
Exit Strategy
Profile
The exit of Souq to Amazon in 2017 was one of the largest tech transactions of the region. Souq was built from the ground up by the same team at Jabbar, who built the Maktoob portal before that. Maktoob was born out of a simple idea but with a vision that the Arabic Internet will grow and become an integral part of everybody's life, and grew to become the largest Arabic Internet property before Yahoo acquired it in 2009. Both the Souq and Maktoob stories have become inspiring success stories in the region, where budding entrepreneurs and VC's alike, look to our team for inspiration and new ideas. Today Jabbar continues to grow and pave the way for tech in the region. It is in this spirit that we embrace any entrepreneur who is willing to innovate and take risks in order to create something great. Jabbar nurtures such individuals and supports nascent ideas that are in line with its mission. So join our journey :-)
Industry
Region of investment
Jabbar Internet Group Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Jabbar Internet Group Fund
|
Venture Capital (VC)
|
Financial Services
Fintech
Food and Beverage
Foodtech
Marketing and Advertising
Real Estate
SaaS
Software
|
Seed
|
Middle East
Asia
|
$5-10 m
|
—
|
June 2009
|
