EPMG, the owner of Dubai-based real estate listing site Bayut, has increased its series D round to $100m following an investment from Exor subsidiary Exor Seeds.
Emerging Markets Property Group (EMPG), the United Arab Emirates-based owner of online property portal Bayut, has secured $100m in a series D round featuring corporate fund Exor Seeds, Arabian Business reported yesterday.
The round was led by investment firm KCK Group and featured Exor Seeds, a $100m fund formed by reinsurance company PartnerRe and its parent company, holding group Exor, as well as seven unnamed additional backers. The round’s $50m first tranche closed in August 2018.
Founded in 2005,…
