Silicon Valley-style legal clash in Türkiye: Getir founders sue Mubadala for $700M

Silicon Valley-style Legal Clash in Türkiye

The co-founders of Turkish food and grocery delivery startup Getir have filed a $700 million lawsuit against Abu Dhabi’s Mubadala Investment Company, alleging breach of a 2024 restructuring agreement. The case centers on control over valuable assets like Getir Finance, which were not transferred as promised.

This legal action follows Uber's acquisition of Getir’s food delivery operations in Türkiye from Mubadala for about $335 million, underscoring the deteriorated relationship between the Turkish firm’s founders and its Emirati backer. The lawsuit claims that only less profitable elements were handed over while valuable assets remained untransferred.

The outcome of this case could have significant implications for founder-investor relationships in the global tech industry, particularly regarding asset control and ownership disputes during company restructurings.