About Damas Jewellery
Damas Jewellery is a company based in Dubai (United Arab Emirates) founded in 1907 was acquired by Titan Company in July 2025.. Damas Jewellery has raised $140 million across 1 funding round from investors including Titan Company, SHUAA and Amwal AlKhaleej.
- Headquarter Dubai, United Arab Emirates
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$140 M (USD)
in 1 rounds
-
Latest Funding Round
$140 M (USD), Private Equity Round
Jun 17, 2005
-
Investors
Titan Company
& 4 more
-
Employee Count
Employee Count
-
Acquired by
Titan Company
(Jul 21, 2025)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Funding Insights of Damas Jewellery
Damas Jewellery has successfully raised a total of $140M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $140 million completed in June 2005. 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 1
- Last Round Private Equity Round — $140.0M
-
First Round
First Round
(17 Jun 2005)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2005 | Amount | Private Equity Round - Damas Jewellery | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Damas Jewellery
Damas Jewellery has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Titan Company, SHUAA and Amwal AlKhaleej. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Family office based out of Abu Dhabi
|
Founded Year | Domain | Location | |
|
Diversified investments in retail, oil field supplies, real estate, and hospitality in the UAE.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Damas Jewellery
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Damas Jewellery
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Damas Jewellery Comparisons
Competitors of Damas Jewellery
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Damas Jewellery
When was Damas Jewellery founded?
Damas Jewellery was founded in 1907 and raised its 1st funding round 98 years after it was founded.
Where is Damas Jewellery located?
Damas Jewellery is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Is Damas Jewellery a funded company?
Damas Jewellery is a funded company, having raised a total of $140M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $140M, raised on Jun 17, 2005.
What does Damas Jewellery do?
Damas Jewellery was established in 1907 in Dubai, United Arab Emirates, within the luxury jewellery sector. Handcrafted pieces from precious metals and gemstones are designed and retailed, encompassing engagement rings, necklaces, bracelets, and earrings. In-house collections are developed alongside international brands. Retail operations include in-store sales, phone consultations, video appointments, and custom design services tailored to individual preferences and occasions.
Who are Damas Jewellery's investors?
Damas Jewellery has 5 investors. Key investors include Titan Company, SHUAA, Amwal AlKhaleej, Al Nasser Holdings, and Al Fahim Group.