Page 33 - UNIFONIC PR REPORT - JULY 2025

7/9/25, 1:57 PM Riyad Capital Leads SAR 1 Billion Investment Round in Ninja, the Kingdom’s Leading Q-Commerce Platform - Saudiweek.
– Riyad Taqnia Fund – in 2016. The firm has since invested and exited several

technology startups, including Foodics, Sure Global Tech, Truckker and Unifonic,
generating more than $150 million in exit proceeds to date. As of March 2025, Riyad

Capital managed over $26 billion in assets under management and more than US$

218 billion in assets under custody. The company was recognized among the Middle
East’s top 5 asset managers for 2024 and 2025 by Forbes Middle East and received

the Saudi Capital Market Award for Custodian of the Year 2024.

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