Ittikar Platform Opens to New Members
News related to:Mondevo Group · 2 min read
ABU DHABI, UAE and GENEVA, Sept. 30, 2026 /CourierPR/ -- The hands of its 100 Founding Members since March, the private capital network for family offices, Ittikar, has already closed two of Mondevo Group's own acquisitions. In November 2025, Mondevo Group announced its vision: to create a private capital network for global family offices, with AI at its core. Four months later, the platform was live, ahead of plan. It is now open beyond its founding group.
Ittikar is where family offices analyse deals, invest and raise capital. Behind it sits a family office with a 25-year investment track record and relationships across 500 family offices. Mondevo Group used the platform to acquire Caruso, the Italian menswear house, in February, and Underscore District, the Milan-based brand accelerator behind Magliano, GR10K and the multi-brand retailer WOK Store, in August. Ittikar's due diligence engine carried both deals from analysis through to completion.
Mondevo Tech, the Group's technology division, builds Ittikar in-house: more than 50 engineers directing 120 AI coding agents. It is developed in alignment with GDPR, NIS 2 and the EU AI Act. Each member family holds its data in its own sovereign Data Pod, in a jurisdiction of its choice, under its own encryption.
The intelligence behind the platform is vertical. Every member has their own assistant, Itti, and the specialist agents behind it work in one domain: private markets. They are calibrated to each family's investment profile, its Capital DNA™, and built on how a deal team reads a data room, how an investment committee weighs risk, and how a raise is structured and matched.
The Founding Members are deliberately diverse: founding families, single family offices, multi-family offices, entrepreneurs and family conglomerates, across Asia, the Middle East, Europe and Latin America, and across industries from consumer and luxury to real estate, finance, industry and Technology. With the first release complete, Ittikar now opens at tiered levels of membership. Details are at ittikar.com.
Development of the second release began in September. Like the first, it will run for nine months, with capabilities delivered progressively up to June 2027: portfolio analysis, monitoring and reporting in early 2027, negotiation tools in the second quarter, and by mid 2027 the ability for members to tokenise assets and settle co-investments on distributed ledgers, delivered through licensed partners. A first tokenisation proof of concept is planned before the end of this year.
Ittikar is the private capital network for global family offices, built by a family office and enabled by AI. It is where family offices analyse deals, invest and raise capital: institutional-grade due diligence, curated co-investment and direct capital raising on one buy-side platform, where every member sees only what matches its Capital DNA™. Live since March 2026. Part of the Mondevo Group.