About KIPCO
KIPCO is a company based in Kuwait City (Kuwait) founded in 1975.. The company has 12,211 employees as of December 31, 2017. KIPCO has completed 1 acquisition, including Burgan Bank. KIPCO offers products and services including Investment Services and Portfolio Management.
- Headquarter Kuwait City, Kuwait
- Employees 12211 as on 31 Dec, 2017
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Kuwait Projects Company (Holding)
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$330.75 M (USD), Debt – Conventional
Jan 07, 2018
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Investors
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Employee Count
12211
as on Dec 31, 2017
- Investments & Acquisitions
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Products & Services of KIPCO
KIPCO offers a comprehensive portfolio of products and services, including Investment Services and Portfolio Management. 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.
Investments are managed in various sectors to generate returns for stakeholders
Portfolios are handled across real estate and energy sectors for financial performance
Funding Insights of KIPCO
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $330.7M
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First Round
First Round
(07 Jan 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Debt – Conventional - KIPCO | 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by KIPCO
KIPCO has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Burgan Bank. 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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Commercial banking services are provided in Kuwait by Burgan Bank.
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1977 |
| 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.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - KIPCO
| 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 |
Kipco Comparisons
Competitors of KIPCO
| 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 KIPCO
When was KIPCO founded?
KIPCO was founded in 1975 and raised its 1st funding round 43 years after it was founded.
Where is KIPCO located?
KIPCO is headquartered in Kuwait City, Kuwait.
Who is the current CEO of KIPCO?
Masaud Hayat is the current CEO of KIPCO.
How many employees does KIPCO have?
As of Dec 31, 2017, the latest employee count at KIPCO is 12,211.
What does KIPCO do?
KIPCO was established in 1975 in Kuwait City, Kuwait, as an investment holding company. Operations are maintained in 24 countries, with services offered in financial, media, manufacturing, and real estate sectors. Annual revenues of 2.4 billion were recorded in 2018, alongside a net profit of 70 million. Leadership is shared among co-CEOs Masaud Hayat, Faisal Sarkhou, and Tariq Abdulsalam.
What products or services does KIPCO offer?
KIPCO offers Investment Services and Portfolio Management.
How many acquisitions has KIPCO made?
KIPCO has made 1 acquisition, including Burgan Bank.
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