About Sohar International
Sohar International is a company based in Sohar (Oman) founded in 2007.. Sohar International operates in a competitive market with competitors including Bank Muscat, Scotiabank, National Bank of Oman, BankDhofar and Oman Arab Bank, among others.
- Headquarter Sohar, Oman
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$100 M (USD), Debt – Conventional
Nov 30, 2020
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Investors
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Employee Count
Employee Count
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Software Development Team
50 people
Leadership Team
30 people
Finance and Accounting
15 people
Senior Team
11 people
Head Team
8 people
Human Resources and Administration
7 people
Sales and Marketing
5 people
Product Management Team
5 people
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Funding Insights of Sohar International
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $100.0M
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First Round
First Round
(30 Nov 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Debt – Conventional - Sohar International | Valuation |
investors |
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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 |
Investments & Acquisitions by Sohar International
| 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 - Sohar International
| 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 |
Sohar International Comparisons
Competitors of Sohar International
Sohar International 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 Bank Muscat, Scotiabank, National Bank of Oman, BankDhofar and Oman Arab Bank, 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 |
Commercial bank
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Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Retail bank
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| domain | founded_year | HQ Location |
Commercial banking services are offered in Oman.
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| domain | founded_year | HQ Location |
Functions as a commercial bank providing deposits, loans, and payment services to customers.
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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 Sohar International
Frequently Asked Questions about Sohar International
When was Sohar International founded?
Sohar International was founded in 2007 and raised its 1st funding round 13 years after it was founded.
Where is Sohar International located?
Sohar International is headquartered in Sohar, Oman. It is registered at Sohar, Al Batinah North, Oman.
Who is the current CEO of Sohar International?
Ahmed Jafar Al Musalmi is the current CEO of Sohar International.
What does Sohar International do?
Sohar International was established in 2007 as a commercial bank based in Sohar, Oman. Operations are focused on providing standard banking services, including deposits, loans, and trade finance, within the financial sector. The bank serves local and regional clients, with activities centered in Omans industrial hub. Leadership is provided by CEO Ahmed Jafar Al Musalmi, overseeing daily functions and strategic initiatives.
Who are the top competitors of Sohar International?
Sohar International's top competitors include Scotiabank, Bank Muscat and National Bank of Oman.
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