About Hanco Automotive
Hanco Automotive is a company based in Jeddah (Saudi Arabia) founded in 1976.. Hanco Automotive has completed 1 acquisition, including Byrne Equipment Rental. Hanco Automotive offers products and services including Car Rental and Chauffeur Services.
- Headquarter Jeddah, Saudi Arabia
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Al Tala’A International Transportation Co.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Hanco Automotive
Hanco Automotive offers a comprehensive portfolio of products and services, including Car Rental and Chauffeur Services. 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.
Rental of vehicles for various needs is provided across multiple locations.
Chauffeur-driven vehicle options are offered for customer convenience.
Funding Insights of Hanco Automotive
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2008 | Amount | Private Equity Round - Hanco Automotive | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Hanco Automotive
Hanco Automotive has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include NBK Capital Partners. 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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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 Hanco Automotive
Hanco Automotive has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Byrne Equipment Rental. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of web hosting, email, and FTP services
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1992 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hanco Automotive
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Hanco Automotive Comparisons
Competitors of Hanco Automotive
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Hanco Automotive
When was Hanco Automotive founded?
Hanco Automotive was founded in 1976 and raised its 1st funding round 32 years after it was founded.
Where is Hanco Automotive located?
Hanco Automotive is headquartered in Jeddah, Saudi Arabia. It is registered at Jeddah, Makkah Region, Saudi Arabia.
What does Hanco Automotive do?
Hanco Automotive was founded in 1976 and is headquartered in Jeddah, Saudi Arabia. Operations focus on the automotive sector, where vehicle leasing and rental services are offered to customers. These services include short-term and long-term options for various car models, supporting mobility needs in the region. The company maintains a presence through its domain myhanco.com, facilitating access to fleet management and related automotive solutions.
What products or services does Hanco Automotive offer?
Hanco Automotive offers Car Rental and Chauffeur Services.
How many acquisitions has Hanco Automotive made?
Hanco Automotive has made 1 acquisition, including Byrne Equipment Rental.
Who are Hanco Automotive's investors?
Hanco Automotive has 1 investor. Key investors include NBK Capital Partners.