About Rihal
Rihal is a Business Services company based in Muscat (Oman) founded in 2018 by Asim Al Shabibi, Waleed Al Harthi, and Azzan Al Kindi. Data integration, preparation, and RPA services are provided. It operates in the Business Services and Technology sectors. Rihal has raised $7.5 million across 1 funding round from investors including ITHCA Group. The company has 7 employees. Its chief executive, as recorded, is Azzan Al Kindi. Its Indian entity Data Migration Solutions India Private Limited reported revenue of ₹1.27 Cr. Its focus areas include IT Services, Database, Digital Transformation Services and Horizontal.
Company details
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.
- Headquarters Muscat, Oman
- Employees 7
- Founders Asim Al Shabibi, Waleed Al Harthi, Azzan Al Kindi
- SectorsBusiness ServicesTechnology
- Website rihal.om
- Social LinkedIn X
- Legal Name Data Migration Solutions India Private Limited
- Date of Incorporation 21 Jul, 2021
- Jurisdiction Bengaluru, Karnataka, India
- Indian entity revenue₹1.27 Cr
FY 2023 · +216% YoY
- Indian entity net profit₹13.2 Lakh
FY 2023 · 10% margin
- Indian entity EBITDA₹22 Lakh
FY 2023 · 17% margin
- Total Equity Funding$7.5M (USD)
in 1 rounds
- Latest Funding Round$7.5M (USD), Series A
Sep 2025
- Investors
- Employee Count7
Associated legal entities of Rihal
Rihal operates through Data Migration Solutions India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Data Migration Solutions India Private Limited CIN U72900KA2021FTC149768 | Active | 21 Jul 2021 | Bengaluru, Karnataka | ₹1.3 Cr | 7 | 3 | View details |
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.
- Total Funding $7.5M
- Total Rounds 1
- Last Round Series A — $7.5M
- First Round $7.5M
(Sep 2025)
- Investors Count 1
All 1 funding rounds of Rihal with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | $7.5M | Series A | – | ITHCA | – |
1 investors in total: 1 institutional.
Investors in Rihal
Rihal has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include ITHCA Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
ITHCA Group is engaged in developing Oman's ICT sector. | ithca.om | Muscat, Oman |
Investor details for Rihal
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Data Migration Solutions India Private Limited (Rihal)
Data Migration Solutions India Private Limited is the primary company behind Rihal. The board of Data Migration Solutions India Private Limited currently have 3 directors; the longest-serving is Azzan Qais Abdullah Al Kindi, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Azzan Qais Abdullah Al Kindi DIN 09248620 | Director | 21 Jul 2021 | 5 yrs 3 mo | Data Migration Solutions India Private Limited |
| Iswarya Muralidharan DIN 09248621 | Director | 21 Jul 2021 | 5 yrs 3 mo | Data Migration Solutions India Private Limited |
| Asim Nasser Sulaiman Al Shabibi DIN 09248619 | Director | 21 Jul 2021 | 5 yrs 3 mo | Data Migration Solutions India Private Limited |
People of Rihal
6 people are tracked at Rihal (5 in leadership, 1 in team); the tracked headcount is 7.
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
Waleed Al Harthi | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
Mohammed Al Ghaithi | Commercial Director | Leadership |
Tariq al-Naaimi | Director Of Operations | Leadership |
Majid al-Masrouri | Account Executive | Team |
Complete people profiles for Rihal
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Rihal
Figures of Data Migration Solutions India Private Limited, the primary company behind Rihal, for FY 2023. Revenue was ₹1.27 Cr (+216% year on year). Net profit was ₹13.2 Lakh (10% margin). EBITDA was ₹22 Lakh (17% margin).
- ₹1.27 CrRevenue · FY 2023 · +216% YoY
- ₹13.2 LakhNet profit · 10% margin
- ₹22 LakhEBITDA · 17% margin
- ₹1 LakhPaid-up capital
- 7Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Data Migration Solutions India Private Limited are on its company page.
Detailed financial statements for Rihal
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Rihal
2 dated milestones of Rihal across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Rihal is founded.
- Funding First funding round of $7.5M.
Web traffic of Rihal
The website of Rihal (rihal.om) receives about 3.7K visits a month.
- Monthly visits3.7K
▼ 32.5% vs previous month
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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 CEO of Rihal, as recorded in our data. They have also founded this company.
Rihal is a funded company, having raised a total of $7.5M across 1 funding round to date. The company's 1st funding round was a Series A of $7.5M, raised on Sep 2025.
Rihal has 7 employees.
The primary company behind Rihal, Data Migration Solutions India Private Limited, reported revenue of ₹1.27 Cr for FY 2023, up 216% year on year.
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 has 1 investor. Key investors include ITHCA Group.
Rihal operates through Data Migration Solutions India Private Limited.
The legal entities of Rihal currently have 3 directors, including Azzan Qais Abdullah Al Kindi, Iswarya Muralidharan, Asim Nasser Sulaiman Al Shabibi.