About ieng Group
ieng Group is a company based in Kabul (Afghanistan) founded in 2007.. ieng Group has raised $20 million across 1 funding round from investors including BluePeak. ieng Group offers products and services including Telecom Services and Power Services.
- Headquarter Kabul, Afghanistan
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Social
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- Legal Name Ieng Group
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 M (USD)
in 1 rounds
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Latest Funding Round
$20 M (USD), Series B
Apr 03, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of ieng Group
ieng Group offers a comprehensive portfolio of products and services, including Telecom Services and Power 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.
EPC and O&M services for telecom infrastructure are offered to support network operations
Infrastructure services for power industries are provided through subsidiaries like GreenPole
Funding Insights of ieng Group
ieng Group has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series B round of $20 million completed in April 2022. 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 Series B — $20.0M
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First Round
First Round
(03 Apr 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series B - ieng Group | Valuation |
investors |
| 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 ieng Group
ieng Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BluePeak. 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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Manages alternative assets and provides bespoke financing to African companies.
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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 ieng Group
| 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 - ieng Group
| 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 |
Ieng Group Comparisons
Competitors of ieng Group
| 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 ieng Group
When was ieng Group founded?
ieng Group was founded in 2007 and raised its 1st funding round 15 years after it was founded.
Where is ieng Group located?
ieng Group is headquartered in Kabul, Afghanistan.
Who is the current CEO of ieng Group?
Hussein Dakroub is the current CEO of ieng Group.
Is ieng Group a funded company?
ieng Group is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Series B of $20M, raised on Apr 03, 2022.
What does ieng Group do?
ieng Group was established in 2007 in Kabul, Afghanistan, within the stationery manufacturing sector. Various products, including business diaries, professional planners, table calendars, and visitor books, are produced using premium materials and binding techniques. Customized options are provided, alongside covering materials, boards, and lamination films. Operations focus on quality control throughout the production stages to ensure consistency.
What products or services does ieng Group offer?
ieng Group offers Telecom Services and Power Services.
Who are ieng Group's investors?
ieng Group has 1 investor. Key investors include BluePeak.