Majid Al Futtaim, a prominent player in shopping malls, communities, retail and leisure across the Middle East, Africa and Asia, has launched the second edition of its Launchpad program. This initiative is part of Majid Al Futtaim’s Xsight Future Solutions business, which aims to accelerate the company’s digital offerings and empower partners with scalable digital services, products and solutions.
The Launchpad program focuses on partnering with and investing in innovative startups and disruptors that can benefit from the extensive reach of the Majid Al Futtaim ecosystem. For the second edition, Majid Al Futtaim has teamed up with DIFC Launchpad, an initiative by Dubai International Financial Centre (DIFC), a leading global financial center in the MEASA region. DIFC Launchpad’s role is to promote the growth of startups in the region. As part of the collaboration, DIFC Launchpad will curate a global network of startups to join the program. Winners will receive mentorship on fundraising and corporate partnerships, introductions to venture capitalists (VCs), access to talent and distribution partners and co-working spaces.
Otis Launches Otis ONE IoT Service Platform for Elevators and Escalators in the Middle East
In addition to the partnership with DIFC Launchpad, Majid Al Futtaim has extended its collaboration with AstroLabs and Microsoft for this edition of the accelerator program. Successful participants will gain access to innovative technology products, mentorship, training and go-to-market opportunities through these partnerships.