Dubai investment firm acquired stake in digital music service Anghami
Dubai-based investment firm Samena Capital acquired stake in digital music service Anghami.
The completion of this Series B investment marks the third successful fundraising by Anghami, which was seeded by Middle East Venture Partners back in 2012. (In the last three years, Anghami has grown its subscriber base eleven-fold to 30 million users). Established in 2008, Samena Capital has raised $1.1 billion of assets since 2008 and has returned $500 million in capital from 40 exits.
Samena Capital is listed in the Middle East Investors Directory with the code SIJ68.
More details follows:
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