About Snoonu
Snoonu is a company based in Doha (Qatar) founded in 2019 by Sabina Abuova and Belal Abdulla Al Sakini was acquired by Jahez in July 2025.. Snoonu has raised $17 million across 2 funding rounds from investors including Jahez and Qatar Development Bank. Snoonu has completed 1 acquisition, including Akeed Delivery.
- Headquarter Doha, Qatar
- Founders Sabina Abuova, Belal Abdulla Al Sakini
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Sectors
Transportation, Automotive & LogisticsBusiness Services
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Phone
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Website
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Social
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Funding Insights of Snoonu
Snoonu has successfully raised a total of $17M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $12 million completed in May 2023. 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 2
- Last Round Series B — $12.0M
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First Round
First Round
(14 Apr 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series B - Snoonu | Valuation | Qatar Development Bank |
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| Apr, 2021 | Amount | Series A - Snoonu | Valuation | Qatar Development Bank |
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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 Snoonu
Snoonu has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Jahez and Qatar Development Bank. 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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Support is provided for business growth and diversification in Qatar.
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Founded Year | Domain | Location | |
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Food discovery and ordering are enabled via an online platform.
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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 Snoonu
Snoonu has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Akeed Delivery. 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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Online platform to order food from its partnered restaurants
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2014 |
| 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 - Snoonu
| 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 |
Snoonu Comparisons
Competitors of Snoonu
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Snoonu
Frequently Asked Questions about Snoonu
When was Snoonu founded?
Snoonu was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Snoonu located?
Snoonu is headquartered in Doha, Qatar.
Is Snoonu a funded company?
Snoonu is a funded company, having raised a total of $17M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Apr 14, 2021.
What does Snoonu do?
Snoonu was founded in 2019 in Doha, Qatar, as an app-based platform in the on-demand services sector. Operations are centered on enabling users to locate shops, groceries, and restaurants through iOS and Android applications. Orders are placed directly in the app, with payments processed online. Concierge and delivery bookings are facilitated for various needs in the region.
How many acquisitions has Snoonu made?
Snoonu has made 1 acquisition, including Akeed Delivery.
Who are Snoonu's investors?
Snoonu has 2 investors. Key investors include Jahez, and Qatar Development Bank.