About Namshi
Namshi is a company based in Dubai (United Arab Emirates) founded in 2011 was acquired by noon in August 2022.. Namshi has raised $33 million across 3 funding rounds from investors including Emaar, J P Morgan and noon. Namshi operates in a competitive market with competitors including Golden Scent, 6thStreet, SIVVI.COM, The Modist and Padini, among others.
- Headquarter Dubai, United Arab Emirates
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Sectors
RetailHealthcare
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Email
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Phone
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Website
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Social
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Funding Insights of Namshi
Namshi has successfully raised a total of $33M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $13 million completed in May 2013. 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 3
- Last Round Series C — $13.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2013 | Amount | Series C - Namshi | Valuation |
investors |
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| Oct, 2012 | Amount | Series B - Namshi | Valuation |
investors |
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| Jun, 2012 | Amount | Series A - Namshi | Valuation | HV Capital |
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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 |
Investors in Namshi
Namshi has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Emaar, J P Morgan and noon. 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 | |
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Venture capital funding is provided to digital company founders.
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Founded Year | Domain | Location | |
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Summit Partners is recognized as a growth equity investment firm.
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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 Namshi
| 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 - Namshi
| 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 |
Namshi Comparisons
Competitors of Namshi
Namshi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Golden Scent, 6thStreet, SIVVI.COM, The Modist and Padini, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online shop offering a wide range of beauty products
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| domain | founded_year | HQ Location |
Online shopping platform offering multi-category fashion products for men, women, and kids.
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| domain | founded_year | HQ Location |
Multi-category fashion products are retailed online across the Middle East.
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| domain | founded_year | HQ Location |
Operates an e-commerce store specializing in designer fashion apparel and accessories for women.
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| domain | founded_year | HQ Location |
Online retailer of multi-category fashion products for men, women & kids
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| 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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Latest news on Namshi
Frequently Asked Questions about Namshi
When was Namshi founded?
Namshi was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Namshi located?
Namshi is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Is Namshi a funded company?
Namshi is a funded company, having raised a total of $33M across 3 funding rounds to date.
What does Namshi do?
Namshi was founded in 2011 and is headquartered in Dubai, United Arab Emirates. Operations focus on e-commerce within the fashion sector, where apparel, footwear, bags, accessories, and beauty products are offered. Brands such as Puma, Ella, Mango, Rimmel, and Calvin Klein are featured in the catalog, serving customers across men, women, and kids categories through the domain namshi.com.
Who are the top competitors of Namshi?
Namshi's top competitors include Golden Scent, SIVVI.COM and Padini.
Who are Namshi's investors?
Namshi has 6 investors. Key investors include Emaar, J P Morgan, noon, blakman.com, and HV Capital.