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Souq, VC Fund

Souq

VC Fund

Dubai, United Arab Emirates

Souq is a VC fund in Dubai focused on Mobile and E-Commerce. Souq operates an e-commerce platform in the Middle East and North Africa region. It offers products in the categories of baby and toddler, mobiles and accessories, computers and tablets, clothing and shoes, watches and jewelry, perfumes and fragrances, and toys and gaming, as well as TVs, audio, and camera. Souq also operates as a marketplace forthird party sellers. Ronaldo Mouchawar founded Souq in 2005. Souq has its headquarters in Dubai in the United Arab Emirates with commercial offices in Egypt, Saudi Arabia, and Kuwait and technical and development centers in Jordan and India. Souq operates as a subsidiary of Amazon as of May 12, 2017.

Total investments:
4
Last investment:
Lead investor:
75%

Last updated:

Industries Souq invests in

MobileE-CommerceEdTechRetailFashion

Stages Souq invests in

Seed

Countries Souq invests in

United Arab EmiratesPakistanSaint Kitts and Nevis

Round sizes

Seed $500k–$750k

Contacts

NameEmailPhoneSocials

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Round size

Seed
$500k–$750k

Investment Focus

Industry

  • Mobile 2 (50%)
  • E-Commerce 2 (50%)
  • EdTech 1 (25%)
  • Retail 1 (25%)
  • Fashion 1 (25%)
See all 13 industries →

Country

  • United Arab Emirates 2 (50%)
  • Pakistan 1 (25%)
  • Saint Kitts and Nevis 1 (25%)

Team

NameTitleInvestmentsLinksEmail
CCO Total investments: 1 Find email
Omar Elsahy
Omar Elsahy General Manager
General Manager Total investments: 0 Find email

Investments

CompanyDescriptionRoundLinks
Jusoor Labs is an edtech startup that provides interactive simulations and virtual labs for students and educational institutions. Seed / Aug 27, 2024
Clicky is an ultra-fast fashion platform to offer trendy and affordable fashion assortment to consumers. $500K / Seed / Jan 01, 2017
WING.AE provides the most innovative mobile and web-based user-friendly delivery booking services. We currently offer our services throughout UAE. We can handle small tasks from envelopes to standard packages, as well as major tasks working with merchants and B2B customers who are looking for a more technologically robust delivery solution. Seed / Aug 31, 2016
InstaShop is an online grocery shopping marketplace with a focus on making groceries easier for the everyday life of a consumer. It provides retailers access to an untapped revenue channel, while consumers gain access to convenient delivery from local grocery stores. The company enables users to shop at local supermarkets directly from mobile orcomputer and receive orders at home within minutes or at a scheduled time.The company's goal is to provide people the opportunity to get groceries without the hassle and bring the supermarket right at home. InstaShop was founded in 2015 and is headquartered in Dubai. $750K / Seed / Mar 23, 2016

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CleanTech
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Social Impact
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Mobile
Consumer
Health Care
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Travel
InsurTech
Film
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Sports
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FAQ

What does Souq invest in?

Souq invests primarily in Mobile, E-Commerce and EdTech startups, most often at Seed stage. Most of the 4 investments tracked by Shizune back companies in United Arab Emirates. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What round sizes does Souq invest in?

Souq typically joins rounds of $500k–$750k at Seed. These are whole funding-round sizes, not Souq's own check, which is rarely disclosed: the 10th–90th percentile of the confirmed public funding rounds Souq took part in.

How do I contact Souq?

Public channels for Souq 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 Souq?

The team at Souq includes Mary Ghobrial (CCO) and Omar Elsahy (General Manager). 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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