Lamsa Ranks 8th Among Top 10 MENA Startups for 2018
As the leading developer of the largest educational and entertainment brand and application for children in the Arab world, Lamsa has been ranked among the top 10 of the Forbes Top 100 Start-ups for the Middle East – 2018. The list compiled by Forbes Middle East is reserved for new companies – which have been in operation for less than six years – that offer innovative solutions to the challenges facing both the business environment and consumers.
Ranked 52nd in the 2017 Forbes list, the exceptional leap to its current standing in 8th position reflects Lamsa’s successful expansion and growth. This jump further exemplifies the company’s ability to attract investments who are focused on providing the necessary support to the company in helping it deliver on its growth objectives.
This young company, which specialises in the development of interactive high quality Arabic-language content for children, highlights the UAE’s entrepreneurial leadership in the region alongside the nation’s ability to serve as an environment that fosters sustainable growth and expansion to other markets.
In the past two years, the breadth of Lamsa has grown throughout the Middle East and North Africa; with its expansion particularly evident within Saudi Arabia, the UAE, and Egypt. Today, a diverse audience of children and parents utilise the app, with 15 million downloads thus far.
Badr Ward, CEO and founder of Lamsa, said that this iconic list is one of the strategic reports that relies on and operates with the highest levels of transparency when highlighting start-up companies and their efforts in formulating regional success stories conceptualised within MENA.
The CEO, who oversees all Lamsa-based operations with an elite team of staff members, has fostered strategic partnerships over the past two years—with such endeavours clearly reflected in the company’s performance and astounding success. Such feats have contributed towards attracting new regional and international investment partners and funding.
“Lamsa’s current status further fuels the ambitions of the company to reach even greater heights,” Ward said. “We strive to bolster the use of the Arabic language in our communities, and we aspire to reach each and every child in an Arabic-speaking household. Our strategy to accomplish such aspirations includes our ability to adopt and launch diverse and entertaining content that meets the needs and interests of our future generations across the region and beyond.”
In preparation for its next phase, Lamsa plans to expand its activities and strategic partnerships along with its highly professional staff to design and develop interactive digital-content based on analyses, studies and research conducted in coordination with international experts to deliver the right digital content that matches with children’s needs across MENA and Emerging Markets.