Abdel Moneim is to expand services and connect startups via Delta Inspire to corporates under leadership of founder and chairperson Neveen El Tahri
Venture capital firm 138 Pyramids, managed by Delta Inspire, has appointed its new managing director Inas Abdel Moneim to spearhead the company’s service expansion and help portfolio startups connect to corporates for further growth. She brings hands-on expertise and best practices from multinationals and corporates to the portfolio companies.
With over 25 years of experience in corporate strategy and business transformation, Abdel Moneim has worked on major international mergers and acquisitions abroad and mega investments in PepsiCo, GlaxoSmithKline and Kingdom Hotels. She actively operated in multiple industries including healthcare, banking, investments, financial institutions, government, oil and gas, fast-moving commodity goods (FMCGs), hospitality and real estate. Throughout her career path, Abdel Moneim has marked her presence in HSBC Bank, the Abu Dhabi Government – Ministry of Tourism, Kraft Foods and many others.
“138 Pyramids has a very energetic, young team and they need to have a ‘deep bench’. Under the leadership of Mrs. Neveen El Tahri, I am excited to steer the company towards strategic growth, and supporting our portfolio companies,” Abdel Moneim said. “With our core values of transparency and integrity, we aim that 138 Pyramids be perceived as the ideal model of action and caring.”
The company was founded by Neveen El Tahri, Chairperson of Delta Inspire, with the aim of building 138 strong Egyptian companies. 138 Pyramids’ team guides and delves deep into each portfolio company’s decision-making processes, advising them towards corporate governance best practices, and ensures the business reaches its goals through financial analysis and planning.
“138 Pyramids is a venture capital firm that co-builds and invests in growth startups, by giving them access to networks, expertise and guidance at every stage. With a strong commitment to building modern-day ‘pyramids’, the firm strengthens the solid foundation of businesses through a customized investment model,” El Tahri said. “This falls directly in line with Inas’ expertise and background, strengthening our confidence in taking our portfolio companies to the next level.”
138 Pyramids invests in different sectors including, but not limited to, food, fashion and services. With a strong commitment to building modern-day “pyramids”, 138 Pyramids strengthens the solid foundation of businesses through a customized investment model, and has helped 15 startups since its inception in 2014.