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We Are Propel Maldives.

Embark on an
Exciting Journey.

About Us

At Propel Maldives, we believe that the process of creating a successful business is akin to the metamorphosis of a butterfly - a journey of transformation and growth that requires patience, perseverance, and a clear vision of the destination. Our experienced team of professionals are committed to working closely with our incubated ventures, providing the support and mentorship needed to navigate the challenges of the market and emerge as strong, independent players.

Our unique value proposition lies in our ability to provide targeted support and resources to our incubated ventures, enabling them to scale up quickly and effectively while minimizing their initial capital injection. We take pride in our ability to identify and develop promising opportunities and to provide the strategic guidance and operational expertise needed to turn them into profitable ventures.

What We Do

From Imagination to Realization

Propel Maldives is dedicated to transforming innovative ideas into successful ventures. Using a proven methodology that combines creativity, strategic thinking, and precise execution, the team begins by brainstorming and refining an idea, putting it to paper, and developing a well-conceived concept. We then build the foundation and supporting structures needed to transform the idea into a viable business or product, including a comprehensive business plan, securing resources, and assembling a team of experts.

STARTUP VENTURES

Our Featured Startups

Propel Maldives' successful ventures and products showcase our exciting journey. Our vision and process are reinforced by their accomplishments.

E-Commerce

Hoadhaa.com

Propel Maldives is proud to introduce Hoadhaa.com - our flagship e-commerce business that is set to revolutionize the local market. Derived from the Dhivehi word for 'Search', Hoadhaa is more than just a search engine; it is a comprehensive platform designed to cater to the needs of both sellers and buyers alike. What sets Hoadhaa apart from other e-commerce platforms is our focus on providing a seamless and hassle-free experience for our sellers. Through the Hoadhaa Business Center, sellers will have access to a range of innovative tools and resources to manage and scale their businesses. Our platform is currently in beta testing, and we are excited to continue developing and refining our product to deliver a world-class e-commerce experience for our customers.

Finance

FIMACO LLP

Founded as an initiative within Propel Maldives, FIMACO has quickly emerged as a competitor in the field, thanks to its team's unwavering commitment to professionalism, strategic planning, and sustainable growth. With a focus on providing comprehensive financial services and expert consultancy, FIMACO has successfully established itself as a self-sustaining legal entity in the form of a Partnership. Today, FIMACO is recognized as one of the reputed financial consultancy firms, providing expert services and customized solutions to meet the unique financial needs of its clients. Highest client satisfaction is their priority.

Restaurant

Pops

Founded as an initiative within Propel Maldives, the concept of POPS is of a local takeaway outlet with the potential to expand into an international franchise. The name is a dedication to the families of the founders of Propel Maldives, especially the fathers. The food items on the simple menu are designed to ease cravings and provide a satisfying experience for our customers. Our team worked meticulously to develop a strategic business plan to ensure that POPS would be self-sustainable and poised for growth. Currently POPS is at the stage of acquiring funding for implementation.

Software Development

Backslash Inc

Modern technology is essential for success in today's rapidly evolving world. With this in mind, the Propel Maldives managed Backslash Inc. and set out to create the best modern and future-proof web apps that are tailored to the needs of end-users and designed to achieve business objectives. Propel Maldives initiated several major developments in this area and successfully implemented them. As demand for our services grew, Backslash Inc. started operating as an independent entity that offers ICT-related business and management solutions. Backslash Inc. has established itself as a leading provider in the Maldives, serving some of the country's most prominent businesses.

Our Team

Mohamed Ahsan Ali Founder & Chairperson
Ahmed Naveen Mohamed Founder & Managing Director
Mohamed Rukhaam Nasheed Chief Finance Officer
Hassan Faheem Business Expansion Consultant
Ahmed Shiyaan Ibrahim Business Analyst

Get In Touch

Drop us a line at info@propel.mv.

Where to Find Us

H. Fehivinamaage,
Galadhun Goalhi, 20013
Male', Maldives

Contact Us