From Russia to the UAE: The Evolution of a Unicorn
How did Telegram become one of the first tech giant unicorns of the Middle East?
In the world of tech, adaptability is the name of the game. Telegram, once a Russian unicorn born from the minds of Pavel Durov and his team, faced immense pressure from regulatory bodies in its homeland. Instead of backing down, they made a bold move—a pivot that not only saved the company but catapulted it into new heights.
Fast forward, Telegram is now proudly wearing the badge of a UAE unicorn, with its headquarters in Dubai. This strategic relocation wasn't just about escaping regulatory hurdles; it was about embracing a future where innovation is nurtured, not stifled. The UAE, with its forward-thinking policies and commitment to technological growth, became the perfect incubator for Telegram’s ambitions.
The cherry on top? A $150 million investment from Mubadala and Abu Dhabi Catalyst Partners.
This isn’t just capital—it's a testament to the UAE’s vision to become a global tech hub. With such strong backing, Telegram is not just surviving; it's thriving, expanding its reach, and reinforcing its position as a leader in secure messaging worldwide.
This story is a powerful reminder:
in business, where you plant your roots matters. Choose a place that not only understands your vision but is willing to invest in it.
If you are coming to the UAE to meet investors and strategic partners. Send me a DM me on LinkedIn or go to www.doublemorgan.com