About Us

ASA Ventures is a hybrid venture capital firm established in 2003 in Portugal and is currently headquartered in Dubai. It is the combined strength of professional expertise and smart capital, adding value to the start-up ecosystem with a unique investment philosophy and in-house expertise. With a diverse investment portfolio comprising of B2B and B2C companies, ASA Ventures' invests in various industries: from customer satisfaction, business optimization, and retail, all the way to modest fashion. Working with well-established operating models, ASA Ventures turns around its portfolio companies into leaders of their own domains.

The established investment process and extensive experience in developing and investing in startups allows ASA Ventures to secure high-quality assets at attractive valuations with extensive technical and operating expertise on the international stage.


ASA Ventures was founded in Portugal, with Central Media as its first startup. In the same year, 247 and Brandsome were established.

Alliance Media was founded by ASA Ventures after the success of Central Media.

ASA Ventures created its own version of loyalty cards in Portugal, the Cartao Pontos.

ASA Ventures bought 20% of Netanswers

ASA Ventures established Lahnu Tcharass interior and design services.

ASA Ventures acquired shares for Xroomz and started Central de servicos, a portal that allowed users to search for services spanning B2B and B2C, from construction to web design.

Central Media was sold for 370,000 Euros.

ASA Ventures successfully seed funded mobileshop.ae, and moved its headquarters to Dubai, UAE.

ASA Ventures entered in talks with investors for a possible product exchange platform tailored to the UAE.

Algorithms for Worko were completed.

Shopix was incorporated into the ASA Ventures' umbrella. Datamax began its operations in India. The year ended with the conception of Codex.
Snappo.ae went live, as the ASA Ventures' tech team releases the beta version of trustmeters.

Finlog was established. Unbreak started signing up gadget retailers.
ASA Ventures revived a version of 247 as Callix and established Chatsource.
Illustrious Consulting and mobiledeals.pt went live in Portugal.

Callix was officially introduced to the Dubai media community at the brand launch.
RevUp began to take shape.
ASA Ventures established 3sixty, Spotter, Rentfree, and acquired Winks.
ASA Ventures established Callix Pakistan.

Current Investments
140+ Employees

Portfolio Companies

ASA invests and collaborate into companies with strong management teams, including startups and established companies and we work closely with the founders and management teams that we invest into, providing the tools that they require for competitive advantage and for long lasting capabilities

Companies under Incubations

Core Team

Arif Saiyad Chief Executive Officer

Mr. Saiyad is the eponymous founder and CEO of ASA Ventures. His foray into entrepreneurship started in his native Portugal in 2003 where ASA was formed and since...

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Danish Rizvi Chief Operating Officer

Mr. Rizvi is a seasoned senior executive with over 18 years of experience in investment banking, corporate finance, private equity, venture capital, structured finance, mergers and...

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Lea Realon Head - Corporate Communications

Ms. Realon is the Head of Corporate Communications and is an industrious asset of ASA. She is a talented and peak-performing Senior Public Relations and...

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Haider Syed Head - Business Development

Mr. Syed is a vital member of ASA Ventures with his inherent talent for business networking and external relations. As the organization’s head of...

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Mrs. Kheyria is one of the driving force of ASA’s success with a decade-long career.She continues to be a strong figure as ASA’s Executive Vice President of Operations. Born and raised in Libya, she...

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Nadhir Tahri Vice President - Operations

Mr. Tahri, brings a decades’ experience of managing people and clients to ASA as the VP – Operations.He holds an international Bachelor’s degree in Hospitality and...

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Samreen Shaikh Vice President - Production

Ms. Shaikh as the Vice President - Production Department, has been an integral part in the success of ASA. She is a seasoned digital architect with a passion for emerging media...

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Abhay Kumar Vice President - Human Resources

Mr. Abhay Kumar heads the ASA’s Human Resource division, and has a straightforward approach ensuring the group’s most important assets well i.e. the employees. Holding an MBA...

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Mr. Tabera heads ASA’s Sales and Marketing. His in-depth knowledge of strategic sales planning and management, paired with almost a decade’s worth of hands-on experience in the field makes...

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Mr. Ebada as ASA’s sales manager has an impressive track record with prior experience in entrepreneurship and optometry. He is a sales expert with a focus on promoting ASA’s...

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Mr. Ajinkya Tanpure has a strong grip on the research and investment analysis for the group. Currently, pursuing CFA and being an undergraduate in Mechanical Engineering...

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Abeer Bape Corporate Coordinator

Ms. Bape is the Corporate Coordinator of ASA Ventures and is a vital member to the group's success. With her assertive attitude and perseverance, she has established...

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Country Heads

Igor Amaro Country Head - Portugal

Igor Amaro is one of ASA Ventures’ pioneer team members who, in no small part, helped establish the foundations of what is now an international venture capital company with ...

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Osman Ramdin Country Head - Mauritius

Mr. Ramdin is a seasoned chartered accountant and an entrepreneur having 26 years of experience. He has worked in the accounting and auditing sectors serving in the...

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If you are an entrepreneur that believes in the success of your purpose, we may be the partners you need to kick-start your online business. Here's how:


We will polish the concept and seed-fund it


We will market it and advertise it


We will set up the operations and launch it

We’d love to hear about your project.

At ASA Ventures, we believe that everything starts with that one Idea. If you have an Idea, no matter how simple, but will positively impact businesses and consumers all over the world, we want to hear from you.

Drop us a message here and let’s sit down to talk about it.

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