PropTech
PropertyGuru’s revenue rises 47 percent year on year to $25.1M in 3Q
PropertyGuru Group Limited, the Singapore-based property technology company, announced Monday its revenue for the third quarter this year rose 47 percent year on year to S$34.6 million ($25.1 million), underpinned by consistent growth in all markets and segments. Its net loss was S$7.4 million ($5.37 million) in the quarter and its adjusted earnings before…
Singapore’s property portal MOGUL.sg raises $6.6M first Series A funding led by Nech Capital
MOGUL.sg, a Singapore-based artificial intelligence (AI)-driven property portal, has raised S$9 million ($6.58 million) in its first-ever funding round. The lead investor is Nech Capital.
PropertyGuru acquires Singapore home services technology company Sendhelper
PropertyGuru Group Limited, the Singapore-based property technology company, announced Friday that it has acquired Sendhelper, a Singapore home services technology company.
Malaysia’s NCT Group partners Microsoft to accelerate digital collaboration for NCT Smart Industrial Park
Malaysia-based property developer NCT Group of Companies (NCT Group) has inked a Memorandum of Understanding (MoU) with Microsoft in Malaysia to support NCT Group in the digitalisation of the upcoming NCT Smart Industrial Park (NSIP) in Selangor.
CREDAI and Venture Catalysts form $100M Proptech fund in India
The Confederation of Real Estate Developers’ Associations of India (CREDAI) and Venture Catalysts, an India-based integrated incubator and accelerator for startups, have partnered to set up a $100 million PropTech fund to invest in startups bringing in innovative disruption in the realestate sector.
Japan’s oVice raises $32M Series B funding led by multiple investors
oVice, a Japan-based virtual office platform, announced Wednesday a 45 billion yen (around $32.5 million) Series B funding round led by a group of Japanese and overseas investors. The investment puts the company's total raised capital at $45 million.
Singapore’s Propseller raises $12M Series A funding led by Vertex Ventures
Singapore-headquartered PropTech start-up Propseller announced Tuesday a $12 million Series A funding led by Vertex Ventures Southeast Asia and India. The round saw participation from existing investors Hustle Fund, Iterative, and Rapzo Capital, and new investors Partech, ICCP SBI, Vulpes Ventures and Redbadge Pacific.
PropertyGuru’s 2Q revenue rises 44 percent as all business segments grow
Singapore-based proptech firm PropertyGuru saw its revenue for the second quarter ended June 30 rose 43.6 percent to S$33.03 million ($23.74 million) from $23 million ($16.53 million) a year ago, underpinned by growth across all markets and business segments.
Indonesian proptech firm Kabina raises seed funding led by East Ventures
Kabina, a property and construction startup in Indonesia, announced Thursday the completion of its seed funding round led by East Ventures, with the participation from several notable angel investors, including Sandra Dewi.
The Flexi Group merges Common Ground, the Hive and The Cluster to create largest flexible workplaces in Asia-Pacific
The Flexi Group is launching as the largest operator of flexible workspaces in Asia-Pacific, merging regionally-recognised brands Common Ground, the Hive and The Cluster under one umbrella.
