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Al-Futtaim Group, VC Fund

Al-Futtaim Group

VC Fund

Dubai, United Arab Emirates

Al-Futtaim Group is a diversified organisation, they bring the quality and reputation of more than 200 companies into your life. Al-Futtaim’s 42,000 dedicated employees are committed to helping you make the right choice – no matter your location or need – in sectors as varied as automotive, retail, real estate and finance.

Total investments:
5
Last investment:
Lead investor:
80%

Last updated:

Industries Al-Futtaim Group invests in

RetailHotelBeautyTravelFashion

Stages Al-Futtaim Group invests in

Series BPost-IPO DebtCorporate RoundPost-IPO Secondary

Countries Al-Futtaim Group invests in

IndiaSaudi ArabiaUnited Arab Emirates

Contacts

NameEmailPhoneSocials
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Investment Focus

Industry

  • Retail 2 (40%)
  • Hotel 1 (20%)
  • Beauty 1 (20%)
  • Travel 1 (20%)
  • Fashion 1 (20%)
See all 14 industries →

Stage

  • Series B 1 (20%)
  • Post-IPO Debt 1 (20%)
  • Corporate Round 1 (20%)
  • Post-IPO Secondary 1 (20%)

Country

  • India 1 (20%)
  • Saudi Arabia 1 (20%)
  • United Arab Emirates 1 (20%)

Team

NameTitleInvestmentsLinksEmail
Founder Total investments: 0 Find email
Balagopal Kaimal Head of Security Architecture and Assistant General Manager
Head of Security Architecture and Assistant General Manager Total investments: 0 Find email
David Henderson
David Henderson Chief Human Resources Officer
Chief Human Resources Officer Total investments: 0 Find email
Dmitriy Dovgan
Dmitriy Dovgan Head of Data Science
Head of Data Science Total investments: 0 Find email
Jesus Ibanez-Parra
Jesus Ibanez-Parra AI Program Manager
AI Program Manager Total investments: 0 Find email
See all 8 team members →

Investments

CompanyDescriptionRoundLinks
Cenomi Retail operates as an omnichannel lifestyle retailer. $672.4M / Post-IPO Secondary / Jul 20, 2025
Cenomi Retail operates as an omnichannel lifestyle retailer. $359.9M / Post-IPO Debt / Jul 20, 2025
River is an electric vehicle manufacturer whose goal is to generate and improve livelihoods. The company specializes in the manufacture of high-quality mobility motor vehicles in the form of utility electric mopeds, allowing clients to purchase economical vehicles that can be used for work, recreation, and any other duty in between. $40M / Series B / Feb 06, 2024
River is an electric vehicle manufacturer whose goal is to generate and improve livelihoods. The company specializes in the manufacture of high-quality mobility motor vehicles in the form of utility electric mopeds, allowing clients to purchase economical vehicles that can be used for work, recreation, and any other duty in between. $15M / Series B / Jun 06, 2023
The Entertainer provides of two-for-one incentive offers and other discounts across the Middle East, Asia, South Africa & Europe. Corporate Round / Jul 28, 2018

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FAQ

What does Al-Futtaim Group invest in?

Al-Futtaim Group invests primarily in Retail, Hotel and Beauty startups, most often at Series B and Post-IPO Debt stage. Most of the 5 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

How do I contact Al-Futtaim Group?

Public channels for Al-Futtaim Group include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at Al-Futtaim Group?

The team at Al-Futtaim Group includes Abdulla Al Futtaim (Founder), Balagopal Kaimal (Head of Security Architecture and Assistant General Manager) and David Henderson (Chief Human Resources Officer), among 8 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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