About noon
noon is a company based in Dubai (United Arab Emirates) founded in 2016 by Mohamed Ali Alabbar and Sam Shirazi Maqam.. The company has 598 employees as of April 05, 2024. noon has completed 2 acquisitions, including Namshi and SIVVI.COM. noon operates in a competitive market with competitors including Amazon, Paytm Mall, Wadi, Yallamarket and Phygicart, among others.
- Headquarter Dubai, United Arab Emirates
- Employees 598 as on 05 Apr, 2024
- Founders Mohamed Ali Alabbar, Sam Shirazi Maqam
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Sectors
Retail
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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 Noon E-Commerce India Private Limited
- Date of Incorporation 20 Jun, 2017
- Jurisdiction New Delhi, Delhi, India
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Software Development Team
108 people
Product Management Team
49 people
Leadership Team
49 people
Senior Team
28 people
Human Resources and Administration
25 people
Data Analysis and Operations Team
12 people
Sales and Marketing
11 people
Finance and Accounting
9 people
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Funding Insights of noon
- 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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| Sep, 2017 | Amount | Series A - noon | Valuation | Alshaya |
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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 noon
noon has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Alshaya. 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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Delivers comprehensive e-commerce support services for businesses.
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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 noon
noon has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Namshi and SIVVI.COM. 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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Multi-category fashion products are retailed online across the Middle East.
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2014 | ||||
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Online retailer of multi-category fashion products for men, women & kids
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2011 |
| 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 - noon
| 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 |
Noon Comparisons
Competitors of noon
noon 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 Amazon, Paytm Mall, Wadi, Yallamarket and Phygicart, 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 |
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| domain | founded_year | HQ Location |
Multi-category products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Multi-category consumer products are offered via an app-based marketplace.
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| domain | founded_year | HQ Location |
Online horizontal marketplace is operated for Middle Eastern countries.
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| domain | founded_year | HQ Location |
Multi-category grocery products are offered via an online platform.
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| domain | founded_year | HQ Location |
Multi-category products are sold via an online marketplace.
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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 Noon
Frequently Asked Questions about noon
When was noon founded?
noon was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is noon located?
noon is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of noon?
Faraz Khalid is the current CEO of noon.
How many employees does noon have?
As of Apr 05, 2024, the latest employee count at noon is 598.
What is the annual revenue of noon?
Annual revenue of noon is $12.03M as on Mar 31, 2023.
What does noon do?
Founded in 2016 and headquartered in Dubai, United Arab Emirates, the company operates as an e-commerce platform. A wide range of consumer goods is provided, spanning categories such as beauty, health, fashion, home essentials, kitchen items, groceries, baby products, automotive supplies, pet needs, office materials, and sports equipment. The platform is accessible through mobile applications on iOS and Android devices, facilitating online shopping across the region.
Who are the top competitors of noon?
noon's top competitors include Amazon, Paytm Mall and Wadi.
Who are noon's investors?
noon has 1 investor. Key investors include Alshaya.
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