Mobily Ventures

Mobily Ventures is the corporate venture capital arm of Mobily, a prominent telecommunications provider in Saudi Arabia. Focused on fostering innovation within the Information and Communications Technology (ICT) sector, Mobily Ventures invests in early and growth-stage startups across various domains, including e-commerce, mobile financial services, digital advertising, digital content, and IT and cloud services. As a wholly-owned subsidiary of Mobily, it operates with independent decision-making and funding processes. Through its investments, Mobily Ventures aims to support the development of cutting-edge solutions and technologies that enhance the digital landscape in the MENA region.

Yousef Alomran

Vice President Corporate Performance and Subsidiary Management

3 past transactions

Fetchr

Venture Round in 2015
Fetchr is a logistics and shipping services provider that focuses on enabling local merchants and global brands to establish and expand profitable eCommerce operations. The company addresses the challenges posed by the lack of physical addresses in emerging markets by utilizing an innovative app that employs GPS technology to accurately pinpoint delivery locations. This technology facilitates both domestic and international shipments, allowing Fetchr to streamline the courier process through automation and predictive machine learning, enhancing overall efficiency. By offering a user-friendly solution, Fetchr simplifies the shipping experience, making it easier for clients to dispatch goods globally.

Anghami

Series A in 2014
Anghami is a digital music streaming platform based in Jounieh, Lebanon, that offers a vast library of Arabic and international songs for streaming and offline listening. Established in 2011, the company primarily serves customers in the Middle East and North Africa and boasts the largest licensed music catalog in the region. Anghami collaborates with major Arabic music labels, including Rotana, Melody, and Mazzika, as well as international giants like Universal, Sony, and Warner. The platform is designed to cater specifically to the musical preferences of its audience, ensuring a diverse range of content from both established and independent artists. With a strategic partnership with MBC Group, Anghami continues to grow its user base and expand its offerings in the competitive digital music landscape.

Easy Taxi

Venture Round in 2013
Easy Taxi is a taxi booking application that facilitates the connection between passengers and taxi drivers across multiple platforms, including Android, iOS, Windows Phone, and BlackBerry. Founded in 2011 and headquartered in São Paulo, Brazil, the service aims to enhance urban mobility by encouraging the adoption of its platform among a new generation of drivers and riders. Easy Taxi also caters to corporate clients through its Easy Taxi PRO and Easy Taxi Corporate applications, providing tailored solutions for businesses. The company operates primarily in Latin America, focusing on improving the efficiency of taxi services and reducing traffic congestion.
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