https://www.dubizzlegroup.com/wp-content/uploads/2016/01/shutterstock_735503782.jpg 4500 4500 admin https://cdn.empgroup.com/wp-content/uploads/2023/04/DUBIZZLE-GROUP-LOGO-New.png admin2016-01-27 19:57:452023-04-10 12:41:17Bayut.com secures $20 million investment round
Bayut.com secures $20 million investment round
Funding comes from one of the company’s investors – a fund which focuses on frontier and emerging markets
Dubai: UAE-based Bayut.com has recently closed a $20 million investment as part of its Series C venture round.
The funding comes from one of Bayut’s current investors, a fund which focuses on frontier and emerging markets with over US$ 1 billion in assets under management.
The investment has gone into the parent company, EMPG’s, formerly Zamzama Property Group.
The company’s CEO, Haider Ali Khan, said the new investment would be a major asset for the portal as it seeks to establish a firm presence across the Middle East.
We have the top minds of the [industry] on board, some of the world’s most advanced proprietary scalable technology, and ample resources, all of which will contribute to the achievement of our goals.