Zameen.com, Pakistan’s no.1 property portal, has entered into an investment deal with the Singapore based-Catcha Group and Malaysia based-Frontier Digital Ventures.
Both companies have acquired significant but non-controlling shares in Zameen.com. Following the deal, the Founders and CEOs of Catcha Group and Frontier Digital Ventures, Mr Patrick Grove and Mr Shaun Di Gregorio respectably, have joined Zameen.com as members of the Board of Directors.
“The deal holds great significance as Catcha Group and Frontier Digital Ventures have brought sizeable foreign investment into Pakistan through a Pakistan-based organisation,” said Co-Founder Zameen.com Zeeshan Ali Khan.
Click here to learn more about the investment deal.
November 18, 2009
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Zain Nadeem is a Deputy Editor at Zameen Media (Pvt) Ltd. You can also find and follow him on Google+