On August 23, 2018 Xkapital Holdings Inc. was founded with the purpose of investing and growing unique and promising food business concepts.
On February 2019, Xkapital Holdings Inc. acquired Jafar’s Shawarma Station which serves Middle Eastern inspired food offerings. At that time Jafar’s had 2 outlets – the first was in Banilad Town Center and the 2nd was at the Rustan’s Supermarket in Ayala Center Cebu.