Mohammad Jaffar

Deputy Chairman & CEO

 

Mohammed is the Deputy Chairman & CEO of Faith Capital Holding, a Kuwait-based venture capital fund which focuses on young, e-commerce businesses, based in the GCC that have high growth potential for the future.

Faith Capital was created by Mohammed in order to harness his previous experience and success to promote and fund a new generation of Internet entrepreneurs in the region. Mohammed believes in a hands-on approach with Faith Capital's portfolio companies to create maximum value and to encourage these businesses to compete successfully on a regional and global stage. 

Prior to Faith Capital, Mohammed was the CEO of Talabat.com an e-commerce business he acquired in 2010.  Under his leadership, the firm moved from a Kuwaiti domestic player to a market leading business throughout the GCC.  In 2015 Mohammed sold the business for US$170m to Rocket Internet, a German-based e-commerce giant and widely viewed as the largest Internet platform outside of the U.S. and China. This deal remains one of the largest Internet technology transaction to the date in the Arab world and Talabat and Mohammed Jaffar are recognized as pioneers and key innovators in the e-commerce space in the GCC.

Mohammed also previously held the position of deputy chairman of Danah Al Safat Foodstuff Company, a Kuwaiti listed company holding a prominent position as one of the leading companies in its field and was a board member of Al Safat Dhiafa Company.

Mohammed is currently a board member of Kuwait National Fund for SME’s Development, Injaz-Kuwait, Azzad Trading Group Company, Nexgen Group Company,  and is an executive committee member of Noon.com.

Prior to Talabat, having spent four years in the Corporate Banking Division of Gulf Bank in Kuwait, Mohammed embarked upon his entrepreneurial endeavors by establishing his own business in the F&B industry in 2008.  The business continues to flourish under his family's F&B portfolio. 

Mohammed completed his education in England and graduated with a BSc in Economics from the University of Surrey.