About 24h.ae
24h.ae is a company based in Dubai (United Arab Emirates) founded in 2011 was acquired by Foodpanda in February 2015.. 24h.ae operates in a competitive market with competitors including Zomato, Deliveroo, MUNCH:ON, GarfieldEATS and Akwaaba Bites, among others.
- Headquarter Dubai, United Arab Emirates
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Sectors
Consumer
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Phone
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Website
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Social
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Funding Insights of 24h.ae
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 24h.ae
24h.ae has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Foodpanda. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Online food ordering and delivery platform
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 24h.ae
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 24h.ae
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
24H.Ae Comparisons
Competitors of 24h.ae
24h.ae operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zomato, Deliveroo, MUNCH:ON, GarfieldEATS and Akwaaba Bites, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform food ordering and delivery service
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| domain | founded_year | HQ Location |
Platform offering food and grocery delivery services
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| domain | founded_year | HQ Location |
Online food ordering and delivery platform
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| domain | founded_year | HQ Location |
Offers an online platform for ordering food.
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| domain | founded_year | HQ Location |
An online platform providing food ordering and delivery services for consumers.
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| domain | founded_year | HQ Location |
Online platform to discover and order coffee from cafes
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 24h.ae
When was 24h.ae founded?
24h.ae was founded in 2011.
Where is 24h.ae located?
24h.ae is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
What does 24h.ae do?
24h.ae was founded in 2011 as a food ordering and delivery platform headquartered in Dubai, United Arab Emirates. Operations span seven cities across the UAE, where users can place orders for meals from various restaurants. Delivery services are managed through the platforms digital interface. The company was acquired by Foodpanda in March 2015, integrating its services into a larger network.
Who are the top competitors of 24h.ae?
Who are 24h.ae's investors?
24h.ae has 1 investor. Key investors include Foodpanda.
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