MBA Fakhro invests in assets through the below funds. We plan to add approximately one new fund annually for the foreseeable future.
- MBA Fakhro One: MBA Fakhro One will be our inaugural fund of MBA Fakhro. The plan for the fund is to focus on venture capital investments in tech centers of the world. Our managing director and his family have invested directly in several Bangalore and Silicon Valley tech companies. The plan for the inaugural MBA Fakhro fund is to put these investments under the fund and raise a relatively modest amount of 1 million to 2 million US Dollars during the first quarter of 2025, to make additional investments in tech companies. The current investments that have already been made include the following companies:
- 1.1 SambaNova Systems: SambaNova Systems is an AI-focused company based in Palo Alto, California, USA. The company was founded by individuals affiliated with Stanford University. The company makes and sells a generative AI product focused on the enterprise segment. It claims that its product is more advanced and faster than ChatGPT. The company also designs AI microchips.
- 1.2 Haystack Analytics: Haystack Analytics is an India-based company that focuses on the emerging field of genome analysis. The company has developed a number of cutting-edge technology products that are being used by hospitals and labs around India to more quickly analyze the genomes of people to determine the presence of infectious diseases.
- 1.3 Ethereal Machines: Ethereal Machines is a Bangalore-based manufacturer of 5 axis CNC machines that it sells to manufacturing companies around the world. Its target industries include aerospace, automobiles, and healthcare, among others.
- MBA Fakhro Two: MBA Fakhro Two will focus on Greenfield Capital in the GCC, India, and the United States. The idea for MBA Fakhro Two is for it to own some of the companies that have been set up my MBA Fakhro and/or our Managing Director as wholly owned enterprises. The idea is to club these companies under a Greenfield Capital fund and to raise funds to allow the companies to grow further. The idea for MBA Fakhro Two is for it to be a perpetual fund. While the final exact valuation of the companies has not been concluded, the general idea is to value the fund at between 15 million USD and 20 million USD and to raise an additional 10 million USD by the 4th quarter of 2025 that will go towards expanding the companies owned by the fund. Subsequent fund raising can be done by the companies at the company level. If the fund is successful, it may also create additional Greenfield Capital companies. The companies that will initially be owned by the fund will be the following:
- 2.1 Vitalia: Vitalia is a healthy meals restaurant and app based in Bangalore. The vision of the company is for it to be a market leader in the market for subscription healthy meals in India and the GCC. The first location is under construction in Bangalore and the app is under development
- 2.2 Artify Software Corporation: Artify Software Corporation is the parent company of the Artify360.com HR and payroll product. Artify360 is a product developed in India and sold in the GCC. The product has been sold to multiple clients. It is developing AI capabilities such as generative AI to screen resumes, as well as to create job descriptions, and to respond to queries from users
- 2.3 Academia Enterprises: Academia Enterprises is the franchise for EtonHouse, a Singaporean schooling franchise, in parts of the GCC. It has a vision to develop in the education field in the GCC from preschool to year 12.
- 2.4 Athletica Corporation: The company vision is to develop the Athletica247 gym chain to be a leading 24-hour gym brand in the GCC.
- 2.5 AP-IH Restaurants: AP-IH Restaurants is the franchisee in Bahrain and Oman for two American franchises, Applebees and IHOP. The plan is to develop these two brands in Bahrain and Oman and to explore the possibility of expanding the two brands in other markets.
- 2.6 Dukakeen: Dukakeen is an e-commerce marketplace based in Bahrain and developed in India. The vision for the website and app is for it to be a leading e-commerce marketplace in the Arab world.
- 2.7 Confluence Circuits: Confluence Circuits is a Bangalore-based company focused on designing, manufacturing and trading of printed circuit boards (PCBs). The company’s long-term vision is to be a leader in the Electronics Manufacturing Services (EMS) market in India.
- 2.8 Innocule Pharmaceuticals: Innocule Pharmaceuticals is a Hyderabad, India-based company focused on developing a niche in the market for generic medicines. The company is in the process of licensing medicines that have reached the end of the patent period. The vision of the company is to develop a manufacturing facility in Hyderabad to manufacture and export generic medicines
- MBA Fakhro Three: MBA Fakhro Three will focus on Venture Capital investments in Bangalore, Silicon Valley, and Dubai. MBA Fakhro BSC(c) plans to launch the fund during 2026 and for it to be a 30 million USD fund
- MBA Fakhro Four: MBA Fakhro Four will focus on acquisitions under the Private Equity unit, of small to medium-sized franchisors in the US market, with the potential for international expansion in emerging markets. The plan is for it to launch in 2027 and for it to be a 50 million USD fund
- MBA Fakhro Five: MBA Fakhro Five will focus on Greenfield Capital. It will aim to create and build companies globally. The plan is for it to launch in 2028 and be a 100 million USD fund focused on ambitious technology and technology-related ventures. The fund will tentatively include Leptop Robotics, Nellford Aerospace, Odessey Corporation, ABC Foods, and XYZ Retail. Below is a preliminary description of each of the companies that the fund will own:
- 5.1 Lepton Robotics: Lepton Robotics, based out of Silicon Valley, aims to develop robots that utilize artificial intelligence to accomplish tasks currently performed by humans. The company will be launched in early 2025 and rolled into the fund soon after that.
- 5.2 Nellford Aerospace: Nellford Aerospace is a Bangalore and Silicon Valley-based that focuses on designing and manufacturing drones. The long-term vision of the company is to manufacture and sell to airlines rockets that can transport people around the world in a fraction of the time of current jet travel. The company will be launched in Bangalore in early 2025 and rolled into the fund soon after that.
- 5.3 Odessey Corporation: Odessey is focused on developing smart glasses hardware and software for various industries and for recreational use. Smart glasses emerged as a category some years ago but have yet to be effectively commercialized. Odessey aims to do this by utilizing its technology and by leveraging the technology of other companies. The business will be Bangalore-based and aims to grow with the rapidly growing industry. Multiple uses for smart glasses are expected to emerge over the coming years with the advent of 5G including AR, VR, and other applications. Smart Glasses are also expected to be widely adopted in commercial applications across multiple industries including medical, sports, industrial, retail, education, military, and law enforcement, among others. The company will be formed in early 2025 and will be rolled into the fund before the launch of the fund
- 5.4 ABC Foods: ABC Foods will aim to gain franchising rights to a leading food and beverage franchise in India and/or the GCC. The company will be formed in 2026 and rolled into the fund soon after that.
- 5.5 XYZ Retail: XYZ Retail will aim to gain the franchising rights to a leading retail franchise from the US for India and/or the GCC. The company will be formed in 2027 and rolled into the fund soon after that
- MBA Fakhro Six: MBA Fakhro Six will focus on Greenfield Capital. The entity’s purpose is to create and build companies globally. The plan is for it to launch in 2029 and to be a 200 million USD focused on ambitious technology, life sciences, food, and retail opportunities.
- MBA Fakhro Seven: MBA Fakhro Seven will focus on Greenfield Capital. The entity’s purpose will be to create and build companies globally. It will launch in 2030 and will be a 250 million USD fund.
- MBA Fakhro Eight: MBA Fakhro Eight will focus on investments in capital markets. It will launch in 2031 and will be a 250 million USD fund
- MBA Fakhro Nine: MBA Fakhro Nine will focus on acquiring small to medium-sized companies under the Private Equity unit, with good cash flows (value investing approach). It will launch in 2032 and will be a 500 million USD fund
- MBA Fakhro Ten: MBA Fakhro Ten will focus on global hedging and will be a 500 million USD fund that will launch in 2033
- MBA Fakhro Eleven: MBA Fakhro Eleven will focus on real estate development in emerging markets and will be a 1 billion USD fund that will launch in 2034