About Zain Group
Zain Group is a company based in Kuwait City (Kuwait) founded in 1983.. Zain Group has completed 1 acquisition, including Celtel. Zain Group operates in a competitive market with competitors including Jio, MTN, Airtel, Proximus Group and AT&T, among others.
- Headquarter Kuwait City, Kuwait
- Stage Public
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mobile Telecommunications Company K.S.C.P
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Annual Revenue
$0 (USD)3.3as on Dec 31, 2024
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Net Profit
$0 (USD)-3.61as on Dec 31, 2024
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EBITDA
$0 (USD)1.31as on Dec 31, 2024
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Latest Funding Round
$700 M (USD), Debt – Conventional
Aug 29, 2018
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Investors
International Finance Corporation
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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IPO & Listings of Zain Group
Zain Group is a publicly listed company on the KSE with ticker symbol ZAIN in Kuwait, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Zain Group
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $700.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Debt – Conventional - Zain Group | Valuation |
investors |
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| Jun, 2018 | Amount | Debt – Venture - Zain Group | Valuation |
investors |
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| Aug, 2017 | Amount | Post-IPO - Zain Group | 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 Zain Group
Zain Group has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include International Finance Corporation, Arab Bank and Finnfund. 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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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Investments in sustainable development projects in developing countries.
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Founded Year | Domain | Location | |
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Commercial bank
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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 Zain Group
Zain Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Celtel. 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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Mobile telecommunications services are provided across regions.
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1998 |
| 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 - Zain Group
| 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 |
Zain Group Comparisons
Competitors of Zain Group
Zain Group 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 Jio, MTN, Airtel, Proximus Group and AT&T, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of telecommunication services
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| domain | founded_year | HQ Location |
MTN Group is recognized as a leading telecommunications provider in Africa.
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| domain | founded_year | HQ Location |
Airtel is recognized as a provider of telecommunications and internet services.
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| domain | founded_year | HQ Location |
Telephony, internet, television, and network-based ICT services are provided.
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| domain | founded_year | HQ Location |
Mobile internet, TV, and telecommunication services are provided.
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| domain | founded_year | HQ Location |
Mobile internet services are provided for homes and offices.
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| 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 Zain Group
Frequently Asked Questions about Zain Group
When was Zain Group founded?
Zain Group was founded in 1983 and raised its 1st funding round 27 years after it was founded.
Where is Zain Group located?
Zain Group is headquartered in Kuwait City, Kuwait.
Who is the current CEO of Zain Group?
Bader Nasser Al-Kharafi is the current CEO of Zain Group.
What does Zain Group do?
Zain group (formerly known as Mobile Telecommunications Company), through its subsidiaries, provides telecom services in the Middle East. It operates in Bahrain, Iraq, Jordan, Kuwait, Saudi Arabia, Sudan and South Sudan. Its services include mobile voice and data. Apart from this, it also operates as an investment vehicle. Its subsidiaries in Iraq and Africa have received debt financing from IFC and Cordiant Capital. In 2020, the company recorded annual revenues of 5.3 B and a net profit of 603.6 M.
Who are the top competitors of Zain Group?
Zain Group's top competitors include MTN, Proximus Group and AT&T.
Is Zain Group publicly traded?
Yes, Zain Group is publicly traded on KSE under the ticker symbol ZAIN.
How many acquisitions has Zain Group made?
Zain Group has made 1 acquisition, including Celtel.
Who are Zain Group's investors?
Zain Group has 4 investors. Key investors include International Finance Corporation, Arab Bank, Finnfund, and Oman Telecommunications Company.
What is Zain Group's ticker symbol?
The ticker symbol of Zain Group is ZAIN on KSE.
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