Press release -
Inkitt Founder Ali Albazaz Secures Silver for Founder of the Year in Medium Size Companies, Empowering Aspiring Writers to Share Their Stories Globally
Ali Albazaz, founder of Inkitt , received the Growth Rings in Silver for the global award Founder of the Year category Medium Size Companies at the Founders Awards Gala on September 20.
The Impactful Journey of Ali Albazaz, Founder of Inkitt
Inkitt is a company in the Publishing industry, founded in 2013 by Ali Albazaz, holding an ownership share of 25%. The mission is to uncover hidden talents and transform them into global authors through the platform, Galatea, where writers share stories with millions of readers, achieving blockbuster-level sales. Over the past four years, Galatea has become one of the most popular reading apps with over 40 million monthly readers. Inkitt has an office in Germany and a global customer base.
How the Winners Are Chosen as Founder of the Year Medium Size Companies
The Founder of the Year award honors successful global founders who have built one or more strong private or public limited companies. It aims to spotlight these founders and inspire growth in medium to large-sized internationally expanding companies.
To honor founders across various stages of company development, the award has three categories: small, medium, and large companies. In the category Founder of the Year Medium Size Companies are active founders of a private or public limited company with a revenue of approximately 10-50 million euro and at least 20% ownership in a profitable company, based on the fiscal year 2022.
The finalists have been assessed by the Founders Alliance Index, which takes into account past performance, future potential, and social benefits, and they have been evaluated by a Founders Jury of experienced founders.
The Founder Jury consisted of Chair of the jury Linda Bjernstål, founder of Tondere, Harshil Karia, founder of Schbang & Level, Lilia Yeghiazaryan, founder of Dexatel and Oliver Lagerström, co-founder of MFEX by Euroclear
Photo: David Thunander & Evan Pantiel
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