Generation Start-Up: How a laptop purchase at Gitex laid the foundations for a multimillion dollar business – The National

Generation Start-Up: How a laptop purchase at Gitex laid the foundations for a multimillion dollar business – The National

Generation Start-Up: How a laptop purchase at Gitex laid the foundations for a multimillion dollar business. WhizKey creates software that is already used by more than 800,000 Dewa customers in Dubai. Mr Alblooshi went on to launch a business providing smart machines for phone charging and other services in public areas, before making a successful exit.. Mr Hirani, meanwhile, had become a hedge fund trader in Dubai after graduating, but they began working again together in 2017, forming Whizkey as an innovative software company which eventually branched out into artificial intelligence, robotics and blockchain technologies.. "Both of our enterprising natures came together in a synergy," Mr Alblooshi says.. WhizKey's $300 million valuation today, which was attributed to it by an independent valuer, the company says, is "purely based on our revenue and our technology", he says.. Dewa has also engaged the company for more projects.. WhizKey's work has not gone unnoticed and Dewa has expressed interest in investing in the company, Mr Alblooshi says.. Although WhizKey has not tapped the venture capital market for funding, it is not ruling out investment, Mr Alblooshi says.. "It has to be a right thing at the right time," adds Mr Hirani.. Given the