About Rihal
Rihal is a company based in Muscat (Oman) founded in 2018 by Asim Al Shabibi, Waleed Al Harthi, and Azzan Al Kindi. Rihal has raised $7.5 million across 1 funding round from investors including ITHCA Group. The company has 7 employees as of April 08, 2024. Rihal operates in a competitive market with competitors including UST, Genpact, NTT DATA, Endava and EXL, among others.
- Headquarter Muscat, Oman
- Employees 7 as on 08 Apr, 2024
- Founders Asim Al Shabibi, Waleed Al Harthi, Azzan Al Kindi
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Sectors
Business ServicesTechnology
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Phone
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Website
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Social
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- Legal Name Data Migration Solutions India Private Limited
- Date of Incorporation 21 Jul, 2021
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$152.53 K (USD)215.76as on Mar 31, 2023
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Net Profit
$15.92 K (USD)261.39as on Mar 31, 2023
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EBITDA
$26.43 K (USD)186.06as on Mar 31, 2023
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Total Equity Funding
$7.5 M (USD)
in 1 rounds
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Latest Funding Round
$7.5 M (USD), Series A
Sep 13, 2025
- Investors
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Employee Count
7
as on Apr 08, 2024
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People of Rihal
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Funding Insights of Rihal
Rihal has successfully raised a total of $7.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.5 million completed in September 2025. 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 Rihal
Rihal has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include ITHCA Group.
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ITHCA Group is engaged in developing Oman's ICT sector.
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Investor details for Rihal
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Investments & Acquisitions by Rihal
Investment portfolio details for Rihal
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Financial Statements - Rihal
Detailed financials for Rihal
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Rihal Comparisons
Peer comparison for Rihal
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Competitors of Rihal
Rihal 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 UST, Genpact, NTT DATA, Endava and EXL, among others.
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Endava is engaged in digital transformation and AI-driven solutions.
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Analytics and digital solutions for healthcare and banking are provided.
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IT consulting, data analytics, and digital transformation services are provided.
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Detailed competitors of Rihal
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Latest news on Rihal
Complete news archive for Rihal
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Frequently Asked Questions about Rihal
Rihal was founded in 2018 and raised its 1st funding round 7 years after it was founded.
Rihal is headquartered in Muscat, Oman.
Azzan Al Kindi is the current CEO of Rihal. They have also founded this company.
Rihal is a funded company, having raised a total of $7.5M across 1 funding round to date.
As of Apr 08, 2024, the latest employee count at Rihal is 7.
Annual revenue of Rihal is $152.53K as on Mar 31, 2023.
Rihal was established in 2018 in Muscat, Oman, within the data services sector. Data integration solutions are developed to connect disparate systems, while data preparation tools are utilized for cleaning and transforming datasets. Robotic process automation (RPA) services are implemented to streamline repetitive tasks. Operations are centered in Oman, with a leadership team including co-founders Asim Al Shabibi as COO, Waleed Al Harthi, and Azzan Al Kindi as CEO.
Rihal's top competitors include EXL, Genpact and Persistent.
Rihal has 1 investor. Key investors include ITHCA Group.