Majid Al Futtaim Group

Majid Al Futtaim Group is an Emirati holding company established in 1992 and headquartered in Dubai. The company is engaged in the ownership and operation of shopping malls, retail stores, entertainment venues, and leisure facilities across the United Arab Emirates and the broader Middle East region. It has developed a diverse portfolio that includes well-known retail brands and entertainment experiences, contributing significantly to the retail and leisure landscape in the area. By focusing on creating innovative and engaging environments, Majid Al Futtaim aims to enhance the customer experience and drive growth in the sectors it operates.

Alain Bejjani

Chief Executive Officer, MAF Holding

Shrimati Damal

Chief Financial Officer, MAF Holding

Souheil Hajjar

Chief Executive Officer

Davide Iebba

Vice President, Investments

Daniele Vecchi

Senior Vice President, Treasury

Anwar Zakkour

Chief Investment Officer

S. Ravindran

Senior Vice President, Finance

6 past transactions

Baly

Seed Round in 2022
Baly is the taxi/car booking application. Baly also provides food and grocery delivery services.

Wadi

Acquisition in 2019
Wadi.com is an online marketplace that aims to be the online shopping portal with the broadest range of products available, for the people of Saudi Arabia (KSA). At Wadi, we connect consumers with the best vendors across GCC so that they can get the greatest deals. We believe online shopping can be just as personal and engaging as entering a retail store. We promise to provide hassle-free online shopping experience all the way from product selection to timely delivery. 2016

Beam

Acquisition in 2018
Decentralised marketing and payments platform for the 21st century. Beam is a marketing and payments platform with over 700,000 users and 5,000 stores across three different continents. It enables a transparent, open and real-time engagement between all stakeholders in the retail value chain ranging from brands to stores. We have proven the benefits of Beam’s model at scale with over three million transactions since the inception of the platform in 2011. Utilising blockchain technology, we are now opening up the Beam Platform to a greater portion of stakeholders in the global retail ecosystem and accelerating the rate of adoption of the platform, particularly among those with limited access to affordable loyalty and payments solutions and those in areas with inadequate financial infrastructure.

Wadi

Series B in 2018
Wadi.com is an online marketplace that aims to be the online shopping portal with the broadest range of products available, for the people of Saudi Arabia (KSA). At Wadi, we connect consumers with the best vendors across GCC so that they can get the greatest deals. We believe online shopping can be just as personal and engaging as entering a retail store. We promise to provide hassle-free online shopping experience all the way from product selection to timely delivery. 2016

Dreamscape Immersive

Series B in 2017
Dreamscape Immersive, Inc. develops location-based virtual reality software to create a location based entertainment. It offers Dreamscape, a storytelling software that combines emotional power of cinematic storytelling with the thrill of theme-park rides to create the destination for virtual reality entertainment; enables users to share the wonder of Dreamscape with their family and friends. Dreamscape Immersive, Inc. was founded in 2016 and is based in Culver City, California. It has locations in Los Angeles, California; Dallas, Texas; Columbus, Ohio; and Dubai, United Arab Emirates.

Fetchr

Series B in 2017
Fetchr helps local merchants and global brands build, launch and grow profitable eCommerce businesses with an easy to use proprietary shipping and logistics solution. With our app and a simple tap, we can locate your exact location allowing us to deliver packages to your phone faster and more efficiently. Fetchr solves the problem of no physical addresses in emerging markets.