The strategic outsourced partnership with ecap will build upon the solid growth that Monstar Lab has experienced in the MENA region since establishment in 2018. The partnership further leverages the work conducted by ecap on the build of the MENA Advisory Board and equips the business for continued growth across the markets they service.
Monstar Lab was founded in Tokyo in 2006 and has grown from East to West through acquisitions in APAC, EMEA and the Americas. As one of Japan’s proudest technology exports, Monstar Lab offers a talent pool of 1200 technology engineers in 27 cities and 16 countries worldwide.
Since entering the MENA region, Monstar Lab has established a reputation as a digital transformation specialist, launching mobile-first products at speed and enabling scalability through backend expertise for a diverse range of clients across Financial Services, Government, Education, Retail, Travel and Hospitality.
Hiroki Inagawa, founder and group CEO of Monstar Lab, comments on the value of the partnership with ecap:
"This partnership with ecap has been instrumental in expanding our network in the region and growing our MENA Advisory Board. Our growth philosophy is very much based on creating mutually beneficial relationships with key figures and thought leaders in regional markets with whom we can share knowledge, and the insights we gain from activities such as our Advisory Board meetings help inspire and guide our strategic planning around the specific needs and opportunities in each market."
ecap continues the journey of two of the most prominent executive search and board assessment consultants in the Middle East, with over twenty years of Emerging and Frontier market experience, and, thirty years of leadership assessment, board advisory and executive search experience. The founders of ecap have been at the forefront of promoting the UAE as the most appropriate gateway for new and established companies to service the GCC and North African trade corridors, building upon the government momentum to establish best in class technologically and digitally enhanced entities and economies.
Daniel Murphy, founding Partner at ecap commented:
“The partnership with Monstar Lab further endorses our commitment and support to the GCC and North African countries in helping entities establish or enhance their footprint in emerging markets leveraging their global success and track records. Monstar Lab has grown quickly in adverse market conditions mainly due to the organisational humility, execution focus and a passion for delivering world class digital solutions. They have grown to understand the culture of the region and the nuances of regional business and we are excited to work with them closer as they continue to expand.
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