Thumbay Moideen receivesGlobal Leader' honor at NDTV Gulf Indian Excellence Awards 2016

[email protected] (CD Network)
December 13, 2016

Dubai, Dec 13: To celebrate remarkable contribution in healthcare and education services across UAE, NDTV honored Mr. Thumbay Moideen, the founder president of Thumbay Group the title of “Global Leader” at the Gulf Indian Excellence Awards on Sunday, 11th December 2016. The award was presented at a gala function held at Hyatt Regency, Dubai Creek Heights, attended by leading Indian businessmen and professionals from the Gulf region.

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Mr. Moideen was accorded the prestigious recognition for his accomplishments as an Indian entrepreneur in the Gulf region that has pioneered the transformation of education and healthcare business into a multi-disciplinary conglomerate with global presence, operating over 20 brands spread across 18 sectors.

Receiving the award, Mr. Moideen said, “I am humbled to receive this recognition. It is a great feeling when your accomplishments are recognized at global forums. Moreover, this award comes at a time when we are expanding our businesses in India, in a big way.”

Mr. Moideen also led the panel discussion on the topic “Time to Bridge the Gulf,” conducted as part of the awards ceremony. The discussion touched upon the various subjects where the UAE and India share a common interest, and explored ways to convert mutual relations into a strategic partnership. The other participants included Mr. Vicky Kapoor (Associate Editor – Khaleej Times), Mr. Shaji Ul Mulk (Chairman – Mulk Holdings) and Mr. Kulwant Singh (President – IBPC). A second panel discussion led by Dr. B. R. Shetty, Chairman – NMC Group had the topic “Heralding the partnership in a new era.”

Mr. Moideen said that after Thumbay Group's accomplishments in the UAE, the group was expanding to Africa and the Indian subcontinent, with major projects scheduled to be completed within 2022. The launch of Thumbay Hospital, Thumbay Pharmacy, Thumbay Labs and Blends & Brews Coffee Shoppe in Hyderabad earlier this year marked the group's foray into India, and future plans include university campuses and a series of teaching hospitals in the major metros. University and hospital projects are underway in Africa as well, with the first ones expected to become operational soon. Thumbay Group has also opened representative offices in 20 different countries. Elaborating on the group's strategic plans, which includes 15 Thumbay academic hospitals in the next five years, Mr. Thumbay Moideen said, “The Thumbay academic hospital network will have a total of 1000 beds in the UAE, 1500 beds in India and 750 beds elsewhere in the Gulf and Africa, by 2022.”

About Thumbay Group

Founded by Mr. Thumbay Moideen in 1998, Thumbay Group today operates more than 20 brands across 18 different verticals including Education, Healthcare, Medical Research, Diagnostics, Retail Pharmacy, Health Communications, Retail Opticals, Wellness, Nutrition Stores, Hospitality, Real Estate, Publishing, Technology, Media, Events, Medical Tourism, Trading and Marketing & Distribution. Headquartered in Dubai, the group presently employs around 5000 people, which is projected to increase to around 20000 by the year 2022, with the completion of ongoing and upcoming projects. Currently, Thumbay Group is focusing on its strategic long-term plans which will see the group scale its businesses almost ten times and expand its operations globally.

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Comments

ABDUSAMAD NANDAR
 - 
Thursday, 15 Dec 2016

masha allah tabarakallh! sir, alf alf mabrouk. with dedication and hardwork you achieved this height. may almighty shower his blessings and insha allah during coming years, we wish you will be included in the list of global business achievers.

Ahmed Bava Valavoor
 - 
Wednesday, 14 Dec 2016

Masha Alla
Congratulation Brother Mr. Moideen Thumbay all the very best may Almighty Allah bless you and all of us.

PROF.M.ABUBAKE…
 - 
Tuesday, 13 Dec 2016

Congratulations Sir. May Almighty Allah keep you rewarded for your best work. ameen May Almighty Allah give you and your family members strength and long life to do the services forever. ameen.

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News Network
March 31,2020

Bengaluru, Mar 31: Persons under home quarantine are directed to send their selfies to the Karnataka government in every one hour, failing which they will be shifted to the state quarantine centres, said Medical Education Minister Dr K Sudhakar on Monday.

"All persons under home quarantine shall send their selfies to the government on a mobile application in every one hour. Failing to do so, teams will reach such defaulters and they will be liable to be shifted to quarantine centres made by the government," he said.

The home quarantine persons will be given an exception for taking selfies during the sleeping time from 10 pm to 7 am.

"There will be an exception in this order for sleeping time, from 10 pm to 7 am," he said.
The total number of COVID-19 cases in Karnataka climbed to 88 on Monday after five more persons tested positive for coronavirus.

Of the five, one is a close contact of an earlier confirmed patient and the others are workers of a pharmaceutical company in Mysuru, from where a person had tested positive, the state health department said.

The country is under a 21-day lockdown to prevent the spread of coronavirus, which according to the Ministry of Health and Family Welfare, has infected 1,251 people so far.

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News Network
January 15,2020

Bengaluru, Jan 15: The Indian startups secured 12.7 billion in funding last year -- a 15% growth compared to 2018 - and Bengaluru startup community topped the list, with securing $5.3 billion across 267 deals, a new report said on Tuesday.

In total, the Indian startups attracted 766 deals in 2019, taking total deal count between 2014-2019 to 5,011, said DataLabs by Inc42 in its annual startup funding report.

Sequoia took the top spot as the most active VC in 2019 with 53 deals, followed by Accel that participated in 38 deals. Blume Ventures, Matrix Partners and Tiger Global were in the top five VCs in 2019.

"The Indian startup economy is entering new decade with over $58 billion in fundraising and 2,984 funded startups between 2014-2019," the findings showed.

With an average of $21 million, the ticket size value of funding increased by 15% in 2019.

Ecommerce and fintech -- with $2.6 billion funding each -- took the top slot with 93 deals and 125 deals, respectively.

"Ecommerce continued to remain at the top by the end of 2019. The growing investor confidence towards sub-sectors such as vertical ecommerce, social commerce and private label businesses is one major factor for ecommerce maintaining its lead," a DataLabs spokesperson said in a statement.

According to the estimates, the funding amount and deal count in 2020 will be around $12.6 billion at a 1% decline from 2019.

"Nevertheless, the investment activity is expected to rise in 2021," said the report.

The data suggests that 2019 had lowest number of startups funded (664) in the last five years, with seed-stage funding deals dropping by 53%, compared to 2016.

With $252 million in funding, seed-stage deal value fell by 44% (compared to 2018) as only 306 seed funding deals were recorded, the report said.

The enterprise tech had a blockbuster year with total funding of $1.15 billion across 114 deals in 2019. The sector recorded a 49% surge in total funding amount, compared to 2018.

The Indian startup economy saw 275 unique VCs participating in funding in 2019, said the report.

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News Network
February 29,2020

Udupi, Feb 29: Senior Congress leader and Udupi’s crackers trader K Krishnaraja Saralaya allegedly committed suicide by jumping into a well outside his house at Paniyadi on Saturday.

He was 87, Krishnaraja was leading a solitary life. It is suspected that he ended his life ''due to mental agony''.

He is survived by two daughters. One is settled in Australia another is in Bengaluru. Saralaya had also served as President of Udupi Town Co-operative Society. The police visited the spot .

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