About Virgin Megastore
Virgin Megastore was established in 2001 in Dubai, United Arab Emirates. Operations are conducted as a retail chain focused on consumer goods. Both online platforms via virginmegastore.ae and physical stores are utilized to serve customers. A range of products including electronics, media, and lifestyle items is provided across the region. The business model emphasizes accessibility in the Middle Eastern market.
- Headquarter Dubai, United Arab Emirates
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Funding Insights of Virgin Megastore
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $310,938
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First Round
First Round
(21 Dec 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2009 | Amount | Grant - Virgin Megastore | Valuation |
investors |
| 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 Virgin Megastore
Virgin Megastore has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Zavvi and HHS. 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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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location | |
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Retailer of pop culture collectibles, movies, and merchandise
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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 Virgin Megastore
| 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 - Virgin Megastore
| 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 |
Virgin Megastore Comparisons
Competitors of Virgin Megastore
| 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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Frequently Asked Questions about Virgin Megastore
When was Virgin Megastore founded?
Virgin Megastore was founded in 2001 and raised its 1st funding round 8 years after it was founded.
Where is Virgin Megastore located?
Virgin Megastore is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
What does Virgin Megastore do?
Virgin Megastore was established in 2001 in Dubai, United Arab Emirates. Operations are conducted as a retail chain focused on consumer goods. Both online platforms via virginmegastore.ae and physical stores are utilized to serve customers. A range of products including electronics, media, and lifestyle items is provided across the region. The business model emphasizes accessibility in the Middle Eastern market.