Knuru Capital

Knuru Capital, founded in 2018 and headquartered in Dubai, United Arab Emirates, is a growth equity firm that focuses on equity and credit opportunities primarily in the fintech and marketplace sectors. The firm targets high-growth businesses across the Gulf Cooperation Council (GCC), Africa, and Southern Europe. Led by a team of experienced investors and entrepreneurs, Knuru Capital leverages extensive cross-asset class expertise to identify and support innovative technology ventures. The firm's strategic approach aims to drive growth and facilitate development in dynamic markets.

Alain Dib

Co-Founder and CEO

Past deals in United Arab Emirates

Alma Health

Series A in 2023
Alma Health is a digital healthcare platform focused on managing chronic illnesses, catering to an addressable market of 20 million patients in the Gulf Cooperation Council (GCC) region. Based in Hub71, Abu Dhabi, the platform streamlines patient care by offering virtual doctor consultations and a cloud pharmacy service that delivers prescriptions directly to patients' homes. Alma Health leverages technology to transform patient behavior and insights into personalized services, including digital treatments and at-home monitoring systems. By providing comprehensive medical assistance, the platform aims to simplify the lives of individuals with chronic conditions and their caregivers.

The Giving Movement

Series A in 2022
The Giving Movement is a sustainable fashion brand focused on direct-to-consumer sales, specializing in activewear and streetwear. The company aims to transform perceptions of sustainable fashion in the region by offering a diverse range of products for men, women, and children, including sweatpants, leggings, jackets, and accessories. These items are crafted from recycled materials, such as plastic water bottles and bamboo, ensuring that customers can enjoy stylish and trendy apparel while contributing to environmental preservation. The brand provides same-day delivery in the UAE and services customers across the Gulf Cooperation Council, making it accessible and convenient for its clientele.

Joi Gifts

Series A in 2021
Joi Gifts is an online retail platform specializing in a diverse range of gift items suitable for various occasions, including Christmas, birthdays, anniversaries, and corporate events. Founded in 2015 and based in the United Arab Emirates, the company offers an extensive selection of products such as flowers, cakes, gourmet gift baskets, balloons, personalized items, and experience gifts like amusement park visits and salon services. Known for its commitment to quality and customer satisfaction, Joi Gifts provides same-day delivery in major metropolitan areas, ensuring a seamless and memorable gift-giving experience.
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