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Venture Capital
dunamisventures.com

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Investments

6

About Dunamis Ventures

Dunamis Ventures looks to invest in high growth startups.

Dunamis Ventures Headquarter Location

Dubai Knowledge Village Office F-39, Blook 2 A

Dubai,

United Arab Emirates

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Expert Collections containing Dunamis Ventures

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Dunamis Ventures in 1 Expert Collection, including MENA investors.

M

MENA investors

270 items

This is a collection of investors based in the Middle East and North Africa (MENA) that are active in the private markets globally as well as regionally, and we focus particularly on investors that have a history of backing private technology companies.Including: venture capital

Latest Dunamis Ventures News

Fabogo raises $2.25 million from Dubai-based VC firm Dunamis Ventures

Jul 29, 2020

Fabogo, a beauty service and wellness aggregator, has raised $2.25 million in a fresh funding round from Dubai-based early stage investor Dunamis Ventures. The funding raised in the current round will be used by the company to strengthen its technology and to increase its user base. It will also spend significant amount on geographical expansion. ADVERTISEMENT Commenting on the funding, Prasanjeet Roy, CEO & co-founder, Fabogo said, “Our focus this time is technology because we’re entering the transaction game. We aim to become the market leaders in our existing cities by March next year. For that, we aim to grow at about 25,000 user downloads month-on-month.” Founded in the year 2015 by Prasanjeet Roy and Mohammad Ali Akmal. The startup allows users to discover beauty services at salons and spas in their locality. The company followed an international-first approach when it debuted in Dubai in May 2015. Later on, the startup launched operations in Pune and Mumbai in August 2015. Fabogo claims that it currently has more than 350K monthly users on its website. The startup is also planning to launch an Android and iOS app. The app will enable consumers to buy-book-redeem the beauty services around them. It also claims to have witnessed a growth of 20% month-on-month and driving an average of 500 appointments daily. It is currently following a ‘Pay-per-Lead’ based monetisation model: wherein it charges a small fee for every customer directed to a partnered venue. Share this:

Dunamis Ventures Investments

6 Investments

Dunamis Ventures has made 6 investments. Their latest investment was in Fabogo as part of their Seed VC on July 7, 2017.

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Dunamis Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/11/2017

Seed VC

Fabogo

$2.25M

Yes

3

7/29/2016

Seed VC

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$99M

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10

2/1/2016

Seed VC

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$99M

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10

Other Investors

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$99M

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10

Other Investors

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$99M

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10

Date

7/11/2017

7/29/2016

2/1/2016

Round

Seed VC

Seed VC

Seed VC

Other Investors

Other Investors

Company

Fabogo

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Amount

$2.25M

$99M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

3

10

10

10

10

Dunamis Ventures Team

1 Team Member

Dunamis Ventures has 1 team member, including current Managing Partner, Tanzil Ismail.

Name

Work History

Title

Status

Tanzil Ismail

Managing Partner

Current

Name

Tanzil Ismail

Work History

Title

Managing Partner

Status

Current

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