What is Zameen.com?
Zameen.com operates as a leading online property portal, serving as the real estate development arm of Emerging Markets Property Group (EMPG). Leveraging the extensive knowledge base of its parent group, which manages top property portals across the MENA and South Asia regions, Zameen.com is poised to drive substantial change in Pakistan's real estate development landscape. The company aims to elevate the lifestyle experience for its users by providing comprehensive and accessible property solutions.
How much funding has Zameen.com raised?
Zameen.com has raised a total of $31.1M across 3 funding rounds:
Series B
$9M
Series C
$20M
Private Equity
$2.1M
Series B (2015): $9M with participation from Vostok New Ventures
Series C (2016): $20M, investors not publicly disclosed
Private Equity (2016): $2.1M supported by Frontier Digital Ventures
Key Investors in Zameen.com
Vostok New Ventures
Vostok New Ventures is an investment firm based in Stockholm, Sweden, known for its patient capital approach to businesses with strong network effects. They focus on achieving long-term profitability through strategic investments in companies that exhibit robust competitive advantages.
Frontier Digital Ventures
Frontier Digital Ventures is a technology consulting firm specializing in investing in and developing online marketplace businesses across emerging markets. Founded in 2014, they provide technology solutions and support for digital businesses in underserved regions.
What's next for Zameen.com?
The recent major strategic investment signals a new phase of growth for Zameen.com. This capital infusion is likely to be directed towards enhancing its technological infrastructure, expanding its market reach within Pakistan, and potentially exploring new service verticals within the proptech ecosystem. The company's focus on leveraging its parent group's network suggests a strategy aimed at consolidating its market leadership and driving digital transformation in the real estate sector.
See full Zameen.com company page
