EMPG owns and operates several classified giants including Bayut & dubizzle in MENA
Dubai, United Arab Emirates: Regional classifieds giant Emerging Markets Property Group (EMPG) has invested seed capital in Daftarkhwan, a Pakistani startup for co-working spaces. .
EMPG owns and operates a staggering 10 brands across 16 countries in the property and classified spaces, and reached unicorn status in 2020. In the UAE, EMPG leads the market with Bayut and dubizzle.
Daftarkhwan kicked off operations in 2016 and is one of the pioneers of the coworking movement in Pakistan, a country of 220 million people with a booming startup ecosystem that has captured significant investor interest in 2021.
EMPG CEO Imran Ali Khan said that they were impressed with the hardworking team behind Daftarkhwan which represents Pakistani ingenuity at its best.
"One of the key drivers of EMPG's own success has been its investment in the right people above all else, and the team at the helm of Daftarkhwan are some of the most hard-working, ambitious and dedicated people in Pakistan's startup ecosystem,” said Khan.
With this seed round, EMPG joins Walled City Co as investors in Daftarkhwan as the company gears up to change how people work all over Pakistan. This new investment will help EMPG explore the new domain of co-working spaces, which have seen a boom following the post-pandemic shift to creating more remote models creating a greater demand for such economical business set-up options. This...
Read Full Story: https://www.zawya.com/mena/en/story/UAEbased_Unicorn_EMPG_widens_profile_with_strategic_investment_in_Pakistani_coworking_startup_Daftarkhwan-ZAWYA20220223073911/
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