About Anghami
Anghami is a company based in Jounieh (Lebanon) founded in 2011 was acquired by Osn in April 2024.. Anghami has raised $2.75 million across 8 funding rounds from investors including Osn, Mobily and Du. The company has 186 employees as of December 31, 2024. Anghami has completed 3 acquisitions, including Spotlight, Spotlight Dance Cup and Spotlight Events. Anghami operates in a competitive market with competitors including Mideast Tunes, Angamy, Mazika, DJ Watani and Lyra Music, among others.
- Headquarter Jounieh, Lebanon
- Employees 186 as on 31 Dec, 2024
- Stage Public
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Anghami Inc.
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Annual Revenue
$78.09 M88.72as on Dec 31, 2024
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Net Profit
$-63.55 M-301.9as on Dec 31, 2024
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EBITDA
$-57.04 M-317.43as on Dec 31, 2024
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Total Equity Funding
$2.75 M (USD)
in 8 rounds
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Latest Funding Round
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Investors
Osn
& 8 more
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Employee Count
186
as on Dec 31, 2024
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Investments & Acquisitions
Spotlight
& 2 more
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Acquired by
Osn
(Apr 02, 2024)
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IPO & Listings of Anghami
Anghami is a publicly listed company on the NASDAQ with ticker symbol ANGH in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Anghami
Anghami has successfully raised a total of $2.75M across 8 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Last Round
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First Round
First Round
(01 Jun 2012)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Post-IPO - Anghami | Valuation |
investors |
|
| Nov, 2023 | Amount | Post-IPO - Anghami | Valuation |
investors |
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| Oct, 2023 | Amount | Post-IPO - Anghami | Valuation |
investors |
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| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Anghami
Anghami has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Osn, Mobily and Du. 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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Investments are made in the future of media by SRMG Ventures.
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Founded Year | Domain | Location | |
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Investment group focusing on private equity and co-investments in the SAMENA region.
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Founded Year | Domain | Location | |
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Endeavor is focused on supporting high-impact entrepreneurs globally.
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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
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
|
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 Anghami
Anghami has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Spotlight, Spotlight Dance Cup and Spotlight Events. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Wedding and other event planning services are provided.
|
2012 | ||||
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Dance competition events are managed and organized by Spotlight Events.
|
1995 | ||||
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Profiles for entertainment performers are listed on the platform.
|
1927 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Anghami
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Anghami Comparisons
Competitors of Anghami
Anghami 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 Mideast Tunes, Angamy, Mazika, DJ Watani and Lyra Music, 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 |
Delivers an open platform for streaming Arabic music.
|
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| domain | founded_year | HQ Location |
Operates an online platform for music streaming services.
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| domain | founded_year | HQ Location |
Online streaming of Arabic music is provided by Mazika.
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| domain | founded_year | HQ Location |
Operates an on-demand streaming platform for Afghani music.
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| domain | founded_year | HQ Location |
Operates a digital hub for streaming Persian music.
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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.
|
Latest news on Anghami
Frequently Asked Questions about Anghami
When was Anghami founded?
Anghami was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Anghami located?
Anghami is headquartered in Jounieh, Lebanon. It is registered at Jounieh, Mount Lebanon, Lebanon.
Is Anghami a funded company?
Anghami is a funded company, having raised a total of $2.75M across 8 funding rounds to date. The company's 1st funding round was a Post-IPO of $2.85M, raised on Jun 01, 2012.
How many employees does Anghami have?
As of Dec 31, 2024, the latest employee count at Anghami is 186.
What is the annual revenue of Anghami?
Annual revenue of Anghami is $78.09M as on Dec 31, 2024.
What does Anghami do?
A music streaming service focused on Arabic content was established in 2011 in Jounieh, Lebanon. Licensed music catalogs are maintained, enabling access to tracks organized by artists and genres. Streaming and downloading options are provided to users, along with tools for creating personalized playlists. Mobile applications are offered for Android and iOS platforms. Operations generate income through subscriptions, advertisements, and in-app purchases.
Who are the top competitors of Anghami?
Anghami's top competitors include Mazika, Mideast Tunes and Angamy.
Is Anghami publicly traded?
Yes, Anghami is publicly traded on NASDAQ under the ticker symbol ANGH.
How many acquisitions has Anghami made?
Anghami has made 3 acquisitions, including Spotlight, Spotlight Dance Cup, and Spotlight Events.
Who are Anghami's investors?
What is Anghami's ticker symbol?
The ticker symbol of Anghami is ANGH on NASDAQ.
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