Organization · Private Equity
Millat Group
Millat Group is a private equity firm based in South Africa, focusing on strategic investments in sectors such as hospitality, retail, and real estate. Founded by Hamza Farooqui in 2016, it aims to revitalize underperforming assets through operational excellence.
Overview
What Millat Group does
What Millat Group is
Millat Group is a private equity firm based in South Africa, focusing on strategic investments in sectors such as hospitality, retail, and real estate. Founded by Hamza Farooqui in 2016, it aims to revitalize underperforming assets through operational excellence.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Private Equity
- Founded
- Founded in 2016
- Approximate age
- About 10 years
- Structured capabilities
- Funder
- Last reviewed
- March 4, 2026
Official channels
Find Millat Group elsewhere
Open the official website or a supported primary organization account.
Capability profile
Millat Group as a funder
Investment thesis
Millat Group invests primarily in the hospitality sector, targeting high-potential assets that are often underperforming. The organization aims to revitalize these assets through disciplined operational management and strategic partnerships, creating sustainable growth and long-term value.
Focus narrative
Millat Group invests primarily in the hospitality sector, viewing it as a critical driver of economic impact in South Africa. The organization targets high-potential assets that are often underperforming or overlooked, aiming to revitalize them through disciplined operational management and strategic partnerships. Their investment philosophy is rooted in creating sustainable growth and long-term value.
Availability
- Currently deploying
- Not published
Portfolio and track record
Portfolio context
Millat Group's notable investments include Hyatt-branded properties in Cape Town and Johannesburg, which are modern, full-service hotels designed for comfort and productivity. Additionally, they secured the exclusive license to operate Pret A Manger in South Africa, with plans for expansion across major cities.
Common questions
What to know about Millat Group
Upseed classifies Millat Group under the Private Equity organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 4, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.