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Key people at Evolvence.
Evolvence was founded in 2000 by Khaled Almheiri (Founder and CEO).
Evolvence Group operates as a diversified investment and asset management firm, strategically deploying capital across financial and real assets. It provides specialized asset and investment management services, including seed capital for private equity, hedge, and real estate funds. Evolvence has also cultivated significant interests in education and consumer retail, establishing a multifaceted operational presence.
Khaled AlMheiri founded Evolvence Group in 2000, serving as its Group Chief Executive Officer. AlMheiri's insight was to leverage his extensive asset management expertise to capitalize on strategic growth opportunities. He envisioned a robust platform for significant business development and capital appreciation within key regional economies, particularly the GCC.
Evolvence Group primarily serves institutional and sophisticated investors across the UAE, GCC, and India. The company's vision is to maintain leadership in asset management while expanding its strategic operational sectors. Evolvence aims to continuously enhance its influence and deliver sustained value by effectively navigating regional markets and nurturing ventures.
Evolvence was founded in 2000 by Khaled Almheiri (Founder and CEO).
Key people at Evolvence.
Evolvence has 5 tracked investments across 4 companies. The latest tracked deal is $175.0M Series F in Rebel Foods in October 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 7, 2021 | Rebel Foods | $175.0M Series F | Qatar Investment Authority | Coatue, Goldman Sachs, Peak XV Partners (Sequoia Capital India) |
| Sep 9, 2021 | HomeLane | $50.0M Series E | Chetan Naik, Oman India Joint Investment Fund, Stride Ventures | Aarin Capital, Baring Private Equity Partners, BCCL, Growth Story, JSW Ventures, Nuventures, Pidilite, RB Investments, Sequoia Capital |
| May 1, 2021 | SK Finance | $46.0M Series E | Evolvence, Norwest Venture Partners, Akshay Tanna | Norwest Venture Partners, Rajendra K Setia |
| Jan 19, 2021 | Dunzo | $40.0M Series E | — | Alteria Capital, Caesar Sengupta, Hana Securities, Lightbox, Vaidhehi Ravindran |
| Sep 23, 2019 | Rebel Foods | $125.0M Series D | — | Goldman Sachs, GO Ventures, Lightbox, Sequoia Capital |