# Dubizzle Group Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dubizzle-group-holdings

- Industry: Internet
- Headquarters: Dubai, United Arab Emirates
- Website: www.dubizzlegroup.com
- Total disclosed funding: $59M
- Latest round: Series D (Feb 4, 2019)
- Investors on record: 3

## About

Based in the United Arab Emirates, Dubizzle Group is a leading operator of digital platforms facilitating buying, selling, and renting across various sectors, with a strong emphasis on classifieds.Dubizzle Group Holdings Limited operates a suite of digital platforms that primarily serve classified advertisements. Founded in 2015 in Dubai, United Arab Emirates, the company has grown significantly by securing a total of 8 deals, with its most recent funding round occurring on October 27, 2022. This round raised USD 200.00 mn, led by Affinity Equity Partners and supported by Acacia Partners, KCK Group, and Prosus Ventures. The firm has been co-founded by Imran Khan and Zeeshan Khan, and is currently led by CEO Haroon R. The total amount raised by Dubizzle Group is USD 200.00 mn.Dubizzle Group operates several prominent digital platforms that cater to buying, selling, and renting needs, focusing on classifieds. Its flagship platform, Dubizzle, is the largest general classifieds site in the MENA region, connecting users with a diverse range of goods and services, including real estate and automobiles. Bayut stands out as the leading real estate portal in the UAE, designed to enhance customer experience with innovative features. DriveArabia serves as a premier automotive portal in the GCC, offering essential insights for car buyers, while Hatla2ee dominates Egypt’s automotive market with comprehensive services for car transactions. Property Monitor adds value to the real estate sector by providing market intelligence and insights, thus addressing the diverse needs of consumers across the UAE, Saudi Arabia, Egypt, Jordan, Oman, Bahrain, Qatar, and Kuwait.Dubizzle Group generates revenue through a structured transactional model encompassing various service offerings within its digital platforms. The company employs subscription models for real estate agents and automotive dealers and levies transaction fees for listings or advertisements. For instance, real estate agents on Bayut and Dubizzle can enhance their visibility through premium listings, while DriveArabia users access market data and reviews, potentially funded by advertising partnerships. This model supports B2C relationships, facilitating transactions for users looking to buy, rent, or sell goods. The firm's flagship products—premium listings and market intelligence tools—are integral to its financial performance, though specific pricing details are not disclosed.In October 2022, Dubizzle Group received USD 200.00 mn in funding to maintain and enhance its market position. The company is focused on developing upcoming products to expand its service offerings. Additionally, plans are in place to enter new markets, with targeted expansions into regions that align with its growth strategy. The funding will be utilized to support these initiatives, ensuring that Dubizzle Group can capitalize on new opportunities, enhance its platforms, and broaden its market reach.

## Funding rounds

- Series D, Feb 4, 2019, $50M — KCK Group, Exor Seeds
- Series B, Sep 25, 2015, $9M — VNV Global

## Investors

- VNV Global (https://capitalatlas.ai/funds/vnv-global) — Series B
- KCK Group — Series D
- Exor Seeds — Series D