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Real estate platform bankatwa raiseing fundings

23/11/2018 par Ancien340303 0
Global real estate platform for emerging market Lamudi has named two European media and digital classifieds companies Ringier AG and Axel Springer as its new strategic investors, through an undisclosed funding round.

Following the investment, the two investors will share a seat in the advisory board, which will for now taken over by Ringier.

In a press statement, Lamudi Co-Founder and CEO Kian Moini said that the majority of the funding “can and will” be used to support the company’s growth, given its “comfortable” financial situation and “clear path” to break-even.
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