Depa Group

Dubai, United Arab Emirates Founded: 1996 • Age: 30 yrs Acquired By Public Investment Fund
Interior fit-out and furnishing solutions for luxury spaces are provided.
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About Depa Group

Depa Group is a company based in Dubai (United Arab Emirates) founded in 1996 was acquired by Public Investment Fund in February 2022.. The company has 18 employees as of April 10, 2024. Depa Group offers products and services including Interior Contracting and FF&E Manufacturing.

  • Headquarter Dubai, United Arab Emirates
  • Employees 18 as on 10 Apr, 2024
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Depa India Private Limited
  • Date of Incorporation 25 Sep, 2006
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Real Estate & Construction → Architecture, Design & Interior Planning
Key Metrics
  • Annual Revenue
    $1.29 M (USD)
    -45.71
    as on Mar 31, 2023
  • Net Profit
    $-421.8 K (USD)
    -512.48
    as on Mar 31, 2023
  • EBITDA
    $-632.02 K (USD)
    -1172.45
    as on Mar 31, 2023
  • Latest Funding Round
    $28.76 M (USD), Post-IPO

    Jul 30, 2017

  • Investors
    Al-Futtaim

    & 2 more

  • Employee Count
    18

    as on Apr 10, 2024

  • Acquired by
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Products & Services of Depa Group

Depa Group offers a comprehensive portfolio of products and services, including Interior Contracting and FF&E Manufacturing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Fit-out and furnishing services are delivered for luxury properties including hotels and offices

Furniture, fixtures, and equipment manufacturing and procurement services are provided for various interior projects

People of Depa Group
Headcount 5000-10000
Employee Profiles 34
Board Members and Advisors 10
Employee Profiles
People
Mohammad Moinul Haque
Group Treasury Manager
People
Qazi Zaeem Pmp
Group IT Manager
People
David Holiday
Group Chief Legal Officer & Company Secretary
People
Ali Katkhada
Group Chief Information Officer

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Board Members and Advisors
people
Marwan Shehadeh
Director
people
Ahmed Ramdan
Director
people
Charbel Khoury
Director
people
Ahmad Al Ghamdi
Non-Executive Director

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Funding Insights of Depa Group

  • Total Funding
  • Total Rounds 2
  • Last Round Post-IPO — $28.8M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2017 Amount Post-IPO - Depa Group Valuation

investors

Sep, 2004 Amount Private Equity Round - Depa Group 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 Depa Group

Depa Group has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Al-Futtaim, The National Investor and Public Investment Fund. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
PE firm invests in UAE
Founded Year Domain Location
Multiple real estate strategies are pursued by Al-Futtaim.
Founded Year Domain Location
Manages investments in energy, real estate, and technology to support national development.
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 Depa Group

Investments
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 - Depa Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Depa Group Comparisons

Employees
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Competitors of Depa Group

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.

Latest news on Depa Group

Frequently Asked Questions about Depa Group

When was Depa Group founded?

Depa Group was founded in 1996 and raised its 1st funding round 8 years after it was founded.

Where is Depa Group located?

Depa Group is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.

Who is the current CEO of Depa Group?

Hamish Tyrwhitt is the current CEO of Depa Group.

How many employees does Depa Group have?

As of Apr 10, 2024, the latest employee count at Depa Group is 18.

What is the annual revenue of Depa Group?

Annual revenue of Depa Group is $1.29M as on Mar 31, 2023.

What does Depa Group do?

Depa Group was founded in 1996 in Dubai, United Arab Emirates, within the interior contracting sector. Services encompass fit-out and furnishing for luxury environments, including hotels, apartments, airports, shops, yachts, theme parks, and offices. FFE manufacturing and procurement are handled, alongside stone supply, installation, and interiors for super yachts and aircraft. Full interior design and construction processes, from concept development to final installation, are managed across high-end projects.

What products or services does Depa Group offer?

Depa Group offers Interior Contracting and FF&E Manufacturing.

Who are Depa Group's investors?

Depa Group has 3 investors. Key investors include Al-Futtaim, The National Investor, and Public Investment Fund.

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