The Emerging Markets’ Property Group (EMPG), the parent company of Zameen.com and many other successful property portals in the MENA and South Asia regions has successfully closed an investment deal worth USD 50 million, according to an announcement by the company. It had raised USD 60 million in previous investment rounds, and this substantially larger round brought the total to USD 110 million.
According to Group CEO Imran Ali Khan, “EMPG’s growth has been comprehensive across all metrics, on the back of some of the world’s most advanced digital real estate platforms developed by our R&D teams. “
He further added, “With a compounded annual revenue growth rate of over 100 per cent over the last five years, more than 15,000 real estate agencies, and 8 million-plus monthly visits across our portals, EMPG is ideally positioned for regional dominance.”