UAE-based marketplace operator Emerging Markets Property Group (EMPG) has invested an undisclosed sum in Pakistani co-working space startup Daftarkhwan.

Walled City Co also invested in the startup, according to an announcement.

With around 7,000 employees, EMPG owns and operates marketplaces and classifieds across 16 countries, including Pakistani real estate marketplace Zameen.com.

Naspers-owned Prosus invested $150 million in EMPG in 2020.

Founded in 2015, EMPG has raised $279 million and made investments mostly in businesses that are directly related to its core operational area, according to Crunchbase.

However, like Prosus, which is increasingly investing in edtech, the group seems poised to diversify its portfolios.

“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 EMPG CEO Imran Ali Khan.

Daftarkhwan, which means “office provider” in English, was launched 2016 and hosts more than 1,600 professionals at its five co-working facilities across three cities every day.

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