We show you our most important and recent visitors news details Anghami raises investment from SHUAA Capital in the following article
Hind Al Soulia - Riyadh - Lebanon-based music streaming platform Anghami, has raised a fresh investment from UAE-based investment firm SHUAA Capital alongside other undisclosed private investors. The announcement was made by Jassim Alseddiqi, chief executive officer (CEO) at SHUAA Capital via LinkedIn. The terms and value of the deal were not disclosed.
This marks Anghami’s fourth investment raise to date. Prior to today’s investment, the startup closed its Series B investment back in 2016 in a round led by private equity firm Samena Capital, with participation from UAE telecoms operator Du.
Founded in 2012 by Maroun and Elie Habib, Anghami is the Middle East and North Africa (Mena) region’s first legal music streaming platform. It boasts over 21 million monthly active users listening to more than a billion songs every month.
These were the details of the news Anghami raises investment from SHUAA Capital for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at Wamda and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.
