# Al-Futtaim Group

> Al-Futtaim Group is a VC fund in Dubai backing Retail and Fashion. See 4 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Dubai, United Arab Emirates
- Total investments: 4
- Last investment: Jul 2025
- Lead investor: 75%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/al-futtaim/
- Website: https://x.com/alfuttaimgroup?lang=en
- Facebook: https://www.facebook.com/AlFuttaimGroupOfficial/

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.

## Contacts

5 contacts available for Al-Futtaim Group. Shizune tracks 8 team members at Al-Futtaim Group. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/al-futtaim-group?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Retail | 1 | 25% |
| Fashion | 1 | 25% |
| Lifestyle | 1 | 25% |
| Real Estate | 1 | 25% |
| Manufacturing | 1 | 25% |

6 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 1 | 25% |
| Post-IPO Debt | 1 | 25% |
| Post-IPO Secondary | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 1 | 25% |
| Saudi Arabia | 1 | 25% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Abdulla Al Futtaim | Founder | 0 | — |
| Balagopal Kaimal | Head of Security Architecture and Assistant General Manager | 0 | — |
| David Henderson | Chief Human Resources Officer | 0 | — |
| Dmitriy Dovgan | Head of Data Science | 0 | — |
| Jesus Ibanez-Parra | AI Program Manager | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Cenomi Retail | Cenomi Retail operates as an omnichannel lifestyle retailer. | $672.4M | Post-IPO Secondary | Jul 20, 2025 |  |
| Cenomi Retail | Cenomi Retail operates as an omnichannel lifestyle retailer. | $359.9M | Post-IPO Debt | Jul 20, 2025 |  |
| River | 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 | 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 |  |

4 of 4 investments shown.

## Co-investors
- [Lowercarbon Capital](https://shizune.co/investors/profile/lowercarbon-capital) — VC Fund, 2 deals together
- [Maniv Mobility](https://shizune.co/investors/profile/manivmobility) — VC Fund, 2 deals together
- [Toyota Ventures](https://shizune.co/investors/profile/toyota-ai-ventures) — VC Fund, 2 deals together
- [Trucks Venture Capital](https://shizune.co/investors/profile/trucks-venture-capital) — VC Fund, 2 deals together
- [Yamaha Motor](https://shizune.co/investors/profile/yamaha-motor-co) — VC Fund, 2 deals together

## Similar investors

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- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

## FAQ

### What does Al-Futtaim Group invest in?

Al-Futtaim Group invests primarily in Retail, Fashion and Lifestyle startups, most often at Series B and Post-IPO Debt stage. Most of the 4 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, the website linked on this profile and Facebook. 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 Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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