Latest news with #SeedGroup
Zawya
20-05-2025
- Business
- Zawya
Seed Group signs joint venture with Tumodo to advance business travel management in the UAE
Dubai, UAE — Seed Group, a company of The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, has announced a strategic partnership with Tumodo, a leading company for corporate travel management. The collaboration aims to optimise business travel operations and improve cost control for companies across the UAE and the wider MENA region. Tumodo is a UAE-based travel technology company with operations in Hong Kong, India, Kazakhstan, and Saudi Arabia. Its platform supports corporate clients in managing business travel through tools for booking, budgeting, reporting, and compliance. Among its key features are real-time data analytics, integration with accounting systems, and continuous customer support. The company currently serves over 300 organisations and processes more than 3,000 travel bookings per day, with a reported 90% user adoption rate since launching in 2021. With Seed Group's strong ties with government and corporate organisations, along with its deeprooted market knowledge, Tumodo is well-positioned to scale its operations and expand its presence across the MENA region. 'Welcoming Tumodo into our roster of partners is consistent with our drive to support technologydriven businesses that enhance operational efficiency in the UAE and broader region,' said Hisham Al Gurg, CEO of Seed Group and The Private Office of Sheikh Saeed bin Ahmed Al Maktoum. He continued, 'With the business travel sector in MENA at an upward rise, Tumodo's AI automation and integration-ready solutions will bring immense value to enterprises seeking smarter, leaner, and more secure travel management.' Sergey Karmalito, General Manager at Tumodo UAE, remarked, 'We are grateful to Seed Group for their trust and the opportunity to expand our product in the UAE. With their expertise and strong regional presence combined with our technology, the business travel landscape in the region is set to become even more seamless and advanced. Companies will be able to significantly enhance their operational efficiency and financial performance by managing corporate travel through Tumodo.' In the coming months, this alliance will empower regional and UAE-based businesses with nextgeneration corporate travel solutions. About Tumodo Tumodo, founded in the UAE, is an online business travel platform (B2B travel platform) that combines data science, modern, user-friendly design, and world-class service to offer businesses and their employees the best business travel experience. The company's intuitive platform makes booking a business trip a matter of minutes, saving businesses an average of 35% on their travel-related expenses. For more information, visit About Seed Group Over the past 20 years, Seed Group has formed strategic alliances with leading global companies representing diverse regions and industries. These companies have propelled their business interests and goals in the Middle East and North Africa region through the support and strong base of regional connections of the Seed Group. The Group's goal is to create mutually beneficial partnerships with multinational organisations and to accelerate their sustainable market entry and presence within the MENA region. Seed Group has been a key point in the success of all its partners in the region helping them reach their target customers and accelerate their businesses. The Private Office was established by Sheikh Saeed bin Ahmed Al Maktoum to directly invest in or assist potential business opportunities in the region, which meet the Private Office's criteria. For more information, visit Tumodo Media Contact Andrei Baturin baturin@ Seed Group Media Contact Nomarie Jean Lacsamana jean@
Khaleej Times
11-02-2025
- Business
- Khaleej Times
Seed Group announces strategic partnership with Commenda to expedite cross-border expansion for UAE businesses
Seed Group, a company of The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, has announced a strategic partnership with Commenda, a global leader in cross-border business solutions. This collaboration aims to enhance the ease of business compliance and expansion in Dubai and the wider UAE market by leveraging Commenda's innovative technology and Seed Group's strategic influence. Commenda is a multinational compliance management firm based in the US that specialises in streamlining business setup processes for global clients as they expand and scale their operations. The company offers services such as incorporation, corporate tax management, accounting and audit preparation, VAT and sales tax compliance, as well as international tax and transfer pricing. It operates in 12 major markets, including Singapore, Ireland, the UK, India, the US, and, most recently, the UAE. With its user-friendly platform, Commenda supports hundreds of cross-border companies in tracking and managing their compliance and tax requirements. Seed Group is a corporate institution based in Dubai that has been instrumental in forging strategic partnerships with global companies for over two decades. Affiliated with Dubai's royal family as a company under The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, Seed Group is well-positioned to accelerate market entry and strengthen the presence of its partners in the broader MENA region. For Commenda, partnering with the Group elevates its access to the lucrative business field and furthers its mission to mitigate regulatory complexities for its clients. 'Commenda is a great addition to Seed Group's portfolio, as their mission aligns closely with ours — leveraging technology to drive innovation and business growth,' said Hisham Al Gurg, CEO of Seed Group and The Private Office of Sheikh Saeed bin Ahmed Al Maktoum. 'Their solutions address critical issues faced by over 250 cross-border businesses by offering valuable tools such as real-time compliance monitoring and incorporation support in key global markets. By enhancing operational efficiency and ensuring regulatory adherence, Commenda empowers businesses to seamlessly expand into Dubai and the broader MENA region.' Spencer Schneier, co-founder and CEO of Commenda, said: 'Commenda could not be more excited to be here in Dubai working with the Seed Group. The UAE is a massively strategic market for us that we treat with extreme seriousness. We want to be part of the Dubai Dream and help businesses expanding both in and out of Dubai to leverage its tremendous business environment and regional innovative dominance.' With Commenda's innovative compliance solutions and Seed Group's regional impact, the UAE's business field will benefit from greater access to pre-vetted accountants, legal experts, and high-level government entities.
