daftarkhwan

Daftarkhwan operates as a provider of co-working spaces in Pakistan, positioning itself as a key enabler within the nation's burgeoning startup ecosystem. Founded in Lahore in 2016 by Saad Idrees, Ahmad Habib, and Maryam Mohiuddin Ahmed, the company emerged from an initial vision to reimagine the traditional office and build a community-centric workspace. The venture started as a small, 20-member facility and has since demonstrated significant growth, particularly during the COVID-19 period when it expanded five-fold.

The company's business model is centered on providing flexible and scalable office infrastructure to a diverse clientele. This includes freelancers, startups, small and medium-sized enterprises (SMEs), and even established multinational corporations like Unilever, Red Bull, and Siemens. Revenue is generated through various membership packages, which can range from single-day passes to private, customized offices for larger teams. This model allows businesses to access premium amenities and a professional environment without the capital expenditure and administrative burdens of a traditional office lease.

Daftarkhwan's service offerings are comprehensive, featuring private offices, open-plan seating, meeting rooms, event spaces, and dedicated studio facilities. Beyond physical space, the company provides essential support services such as high-speed internet, IT support, mail handling, and 24/7 security with CCTV monitoring. A distinguishing feature is the emphasis on community building; Daftarkhwan regularly hosts networking events, workshops, and VC Exchange programs designed to connect founders with investors and foster collaboration among its members. The company has successfully cultivated a network that includes prominent startups like Careem and Airlift, with member companies having raised over $570 million in investments in 2021 alone.

Financially, Daftarkhwan has secured capital through two key funding rounds. After an initial angel investment from Walled City Co. in 2018, the company raised an undisclosed seven-figure seed round in February 2022. This round was led by Emerging Markets Property Group (EMPG), the parent company of the real estate portal Zameen.com, and also saw participation from existing investors. This strategic investment from a regional classifieds unicorn underscores the symbiotic relationship between real estate and the flexible workspace market. Following this infusion of capital, Daftarkhwan announced plans to double its capacity, aiming to accommodate over 3,000 individuals and expand its footprint across Lahore, Islamabad, and Rawalpindi.

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