About Virtuzone
Virtuzone is a company based in Dubai (United Arab Emirates) founded in 2009 was acquired by Ascentium in January 2025.. Virtuzone offers products and services including Business Setup Service, Accounting Services, Visa Processing, and Tax Consultancy. Virtuzone operates in a competitive market with competitors including KPMG, Booz Allen Hamilton, SGS, Teneo and Cognizant, among others.
- Headquarter Dubai, United Arab Emirates
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Sectors
Business Services
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Phone
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Website
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Social
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Products & Services of Virtuzone
Virtuzone offers a comprehensive portfolio of products and services, including Business Setup Service, Accounting Services, Visa Processing, and Tax Consultancy. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Facilitates registration and setup in UAE free zones and mainland
Handles bookkeeping, reconciliation, and audit support for businesses
Assists with residence and employment visa applications in the UAE
Provides advice on VAT and corporate tax obligations
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Funding Insights of Virtuzone
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Virtuzone
Virtuzone has secured backing from 1 investor. Prominent investors backing the company include Ascentium. 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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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Virtuzone
| 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 - Virtuzone
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Virtuzone Comparisons
Competitors of Virtuzone
Virtuzone 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 KPMG, Booz Allen Hamilton, SGS, Teneo and Cognizant, 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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Audit, tax, accounting, strategy, and financial advisory services are provided.
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Analytics, cybersecurity, and digital transformation services are provided.
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Product inspection, testing, and digital transformation services are provided.
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Business consulting, financial advisory, and crisis management services are provided.
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Provider of software development, cloud & data management, and IT consulting services
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Strategic and management consulting services are provided worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Virtuzone
Frequently Asked Questions about Virtuzone
When was Virtuzone founded?
Virtuzone was founded in 2009.
Where is Virtuzone located?
Virtuzone is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
What does Virtuzone do?
Virtuzone was established in 2009 as a provider of business setup services in Dubai and the broader UAE. Operations focus on assisting entrepreneurs with company formation processes in the region. Services include expert guidance on regulatory requirements, licensing, and administrative procedures. The company operates primarily from Dubai, United Arab Emirates, supporting setups for various business types in this jurisdiction.
Who are the top competitors of Virtuzone?
Virtuzone's top competitors include Booz Allen Hamilton, ZS and Teneo.
What products or services does Virtuzone offer?
Virtuzone offers Business Setup Service, Accounting Services, Visa Processing, and Tax Consultancy.
Who are Virtuzone's investors?
Virtuzone has 1 investor. Key investors include Ascentium.