Our mission is to provide talented entrepreneurs with capital and mentorship in order to accelerate growth, create jobs, capture opportunities, foster success, build wealth and develop role models in our society.
We aim to support the technology revolution in the Middle East through investing in smart, early stage internet and mobile companies in the MENA region, founded by amazing entrepreneurs that are creating transformational solutions that solve large regional problems.
BECO TEAM FACTS
Online rent collection via cloud services
Sports league and event management company
Career portal and course discovery marketplace
Mobile restaurant discovery platform
Marketplace for new and used cars
Technology company that provides insurance and HR solutions
Fetchr is an app-based on-demand logistics and delivery company
Password manager and authenticator
Online used car exchange and auction site
MENA digital healthcare booking platform
OUR FLIGHT RECORD
Our solid, diverse experience in the venture capital, technology, entrepreneurial and financial sectors, allow us to support our investment companies across an array of activities, allowing them to create value much faster, while having a partner they trust throughout their journey.
CEO & MANAGING PARTNER
Dany is a successful serial entrepreneur and investor, with many exits from ventures in a variety of industries. Dany co-founded and exited Bayt.com, the Middle East’s largest job site, Butlers, the UAE’s largest commercial laundry company and Intercat, one of the largest catering companies in the UAE. Prior to that, Dany worked at Lehman Brothers in London for 3 years after gaining a BSc from UCL (University College London) in Statistics, Operations Research and Economics.
Amir has over 12 years of experience being actively involved with a wide range of early stage ventures as an entrepreneur, mentor and investor, starting his career at CLS Capital Partners, a Corporate VC firm based in London, followed by what was then the first seed capital fund in the MENA region, the Arab Business Angel Network, before becoming an entrepreneur himself. Amir has co-founded a number of local businesses, including Webmatiks, a web development agency; Tandem Partners, a startup and small business advisory firm; Toolman Maintenance, a property maintenance company; and Purple PR, a boutique PR agency. He holds a BSc in Computer Information Systems and an MSc in Management from the University of Bath.
Before and after his MBA from MIT Sloan School of Management in 2003, Alvaro worked as a management consultant for various firms such as Booz & Co and Diamond Cluster (now Oliver Wyman). He joined Gulf Capital at its inception in 2006, one of the largest alternative investment companies in the GCC with over US$ 1 billion of assets under management, responsible for its TMT investments conducting all investment activities with a prime focus on post-acquisition.
Prior to joining BECO, Yousef held various roles with General Electric, most recently as a Commercial Operation Director for GE’s Aviation business, responsible for managing sales campaigns for Saudia Arabia and Turkey. Before that, Yousef worked in the GE & Mubadala $5 billion joint venture. He also co-founded multiple businesses in Saudi Arabia: Cafe Arab, an artistic social space and coffee shop; Eventana, a corporate event management firm and Chemya, an industrial chemicals and lubes distributor. Yousef has also been an active angel investor over the past few years where he invested in multiple startups, regionally and internationally.
Vinay grew up in India and has been around technology companies ever since he was in high school. He spent 3 years working with startups and VC firms in Bangalore, Singapore and Berlin prior to joining BECO in early 2017. Some of his previous stints include roles at Bookpad (acquired by Yahoo!), 99.co, Microsoft Ventures, Tigris Capital and Golden Gate Ventures. Vinay is a strong believer in the impact technology can have on improving quality of life and is passionate about deep tech, transportation and data companies which he hopes to see advance in the region.
OPERATIONS AND COMPLIANCE MANAGER
Vivienne Scott is a qualified lawyer with a background in M&A, private equity and general corporate and commercial matters. Prior to living in Dubai, Vivienne practised as a lawyer in Edinburgh and worked most recently at Conyers Dill and Pearman in Dubai. Vivienne joined BECO Capital in April 2016 in the role of Operations and Compliance Manager, which involves managing and maintaining internal processes for investment opportunities and portfolio companies’ information, ensuring legal and corporate governance compliance and dealing with investor relations matters, including managing KYC compliance and shareholder communications.
As BECO’s resident techie, Dana has a passion for building software and the world of cybersecurity. Before joining BECO, Dana was at Boston University completing her Master’s degree in Computer Engineering with a specialization in Cybersecurity. Before embarking on her graduate studies, Dana spent 3 years at ADNOC Distribution as an IT Project Analyst where she built web applications for various departments. In her spare time, Dana enjoys learning new programming languages.
MARKETING AND COMMUNICATIONS DIRECTOR
Serene Touma’s passion for communication spans all aspects of marketing. Prior to joining BECO Capital in May 2016, Serene worked as commercial director at a social media start-up, LMTD. Her background in PR includes running her boutique agency, Purple PR, which she exited in 2013. Serene has also worked in Unilever‘s regional corporate comms department, as well as Memac-Ogilvy and JWT‘s PR departments. She started her career at Deloitte in corporate comms. Serene graduated from McGill University in Montreal with a Bachelor of Arts.
A member of the BECO team since 2012, Dona oversees all day-to-day office management. Dona is also responsible for all accounting, bookkeeping and payroll activities, in addition to HR tasks at BECO. With more than 11 years of experience, Dona’s prior roles have been in both Dubai and the Philippines, having started her career there at Nestlé.
By Alvaro Abella … “For generations, they’ve been built up to worship competition and the market, productivity and economic usefulness, and the envy of their fellow men – and boom! It’s all yanked out from under them. They can’t participate, can’t be useful anymore....read more
The GCC's evolution as a technology hub is exciting, and one we are proud to be part of. As we continue to meet members of our ecosystem from around the region, we are inspired by the potential of technology to help drive our economic block forward. John Kilmartin,...read more
We recently got the chance to sit down with Cyprus native and London resident Chrys Chrysanthou from Notion Capital at Bayzat's offices where we discussed some of the challenges of building a B2B tech business. Kauffman Fellows Chrys and our own Yousef Hammad led the...read more
By Amir Farha ... It is rare to come across people in your working life that end up having a significant impact on you and your future. When you do, you are profoundly lucky. The first person I came across was my manager, Olivier Hopkes, at my first job as a budding...read more
By Amir Farha ... Remember 2015. Talabat gets acquired by Rocket Internet. At the time, this was the largest exit in the region at $170m. Run by one of the region’s brightest entrepreneurs, Mohammed Jaffar, Talabat was growing at > 100% year on year, and today it’s...read more
By Dany Farha ... Amazon buys Souq; what an accomplishment for the MENA tech ecosystem. Why? It validates the MENA demographic opportunity Emerging market, local and regional investors underestimate MENA as an economic block. Our MENA definition is the 6 GCC...read more
Oman Technology Fund (OTF) is changing the tech landscape in MENA through its incubator, accelerator, and growth investments, and through its commitment to investing in the best technology ideas. OTF, in which Oman Investment Fund (OIF) has a majority stake, was...read more
By Sorusch Amiri ... Last weekend, I went on a somewhat voluntary digital sabbatical. I was switching mobile phones and ended up selling my current phone before my new phone was going to arrive, which meant that I was going to be “phoneless” for about 24h. Most people...read more
By Alvaro Abella ... At BOOSTMENA, the last annual conference hosted by BECO, an audience member asked Bhavish Aggarwal – Founder and CEO of OlaCabs, the Indian ride-hailing competitor to Uber – whether driverless cars would ultimately destroy much-touted jobs that...read more
By Dany Farha ... Earlier this month, I travelled for the TiEcon 2016 global conference in New Delhi and was surprised to see Travis Kalanick, Founder & CEO of Uber as the keynote, given that India's home grown champ is Ola Cabs and is fighting a fierce battle...read more
By Dany Farha ... There are over 5,000 VC's in the US and the top quartile firms consistently produce impressive results ranging from ca. 20-40% IRRs from most vintages. The top 1%ile firms consistently produce even more staggering returns ranging from 50% to as high...read more
Transportation is a hot topic in the tech industry, whether we are looking at moving things, food or people. This week, we sat down with Nadim Ghrayeb, Regional Sales and Marketing Manager, Cadillac Middle East, to talk about Cadillac's commitment to the driving...read more