About LuLu
LuLu is a company based in Abu Dhabi (United Arab Emirates) founded in 2000 by Yusuffali MA. LuLu has raised $2 billion across 2 funding rounds from investors including ADQ.
- Headquarter Abu Dhabi, United Arab Emirates
- Founders Yusuffali MA
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
$65.77 M (USD)53as on Mar 31, 2024
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Net Profit
-$14.15 M (USD)21as on Mar 31, 2024
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EBITDA
$13.59 M (USD)144as on Mar 31, 2024
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Total Equity Funding
$2 B (USD)
in 2 rounds
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Latest Funding Round
$1 B (USD), Series D
Oct 19, 2020
- Investors
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Employee Count
Not available
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People of LuLu
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Software Development Team
29 people
Sales and Marketing
17 people
Leadership Team
16 people
Operations Team
9 people
Human Resources and Administration
8 people
Senior Team
7 people
Legal and Compliance
7 people
Assistant Team
4 people
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Funding Insights of LuLu
LuLu has successfully raised a total of $2B across 2 strategic funding rounds. The most recent funding activity was a Series D round of $1 billion completed in October 2020. 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.
Investors in LuLu
LuLu has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include ADQ.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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ADQ is recognized as a leading sovereign investor focused on sustainable economic transformation in Abu Dhabi.
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Locked | Locked | Locked |
Investor details for LuLu
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Investments & Acquisitions by LuLu
Investment portfolio details for LuLu
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Financial Statements - LuLu
Detailed financials for LuLu
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Lulu Comparisons
Peer comparison for LuLu
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Competitors of LuLu
Detailed competitors of LuLu
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Latest news on Lulu
Complete news archive for LuLu
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Frequently Asked Questions about LuLu
LuLu was founded in 2000 and raised its 1st funding round 20 years after it was founded.
LuLu is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.
Saifee Rupawala is the current CEO of LuLu.
LuLu is a funded company, having raised a total of $2B across 2 funding rounds to date.
Annual revenue of LuLu is $65.77M as on Mar 31, 2024.
LuLu Group was established in 2000 in Abu Dhabi, United Arab Emirates, as a diversified conglomerate. Activities span various sectors, including retail and logistics, with operations extending internationally. Key leadership includes Yusuffali MA as Founder and Managing Director, Rejith Radhakrishnan as COO, and other executives such as Nishad MA and Saifee Rupawala. Focus remains on broad industrial engagement without specified core services.
LuLu has 1 investor. Key investors include ADQ.