PropTech

Vietnamese PropTech startup Houze raises $2M funding led by DKRA Group

Houze, a Vietnam-based PropTech startup that offers a fully integrated real estate ecosystem for agents and customers through its offline-to-online platform, said Monday it has raised a $2 million of funding led by DKRA Group, giving the company resources to continue expanding its services and growing its team to meet the demand in Vietnam and beyond.

1Sharpe Capital launches 1Sharpe Ventures and $90M inaugural fund close for early-stage PropTech investing

The new fund marks the 12th total venture for founders Gregor Watson and Rob Bloemker and will focus on global investments in Pre-Seed to Series A-stage companies leveraging technology to improve the way people access, own, and experience real estate.

Singapore co-living firm Hmlet merges with European player Habyt

Hmlet,a Singapore-based flexible living company, said Tuesday it is merging with Habyt, a European co-living player, to create a global company catering to the fast-growing flexible living sector. The combined group will have a presence in 10 countries and 20 cities.

Malaysia’s Hatten Land signs agreement with new partner for crypto mining activities

Hatten Land Limited and together with its subsidiaries, announced Thursday that its wholly-owned subsidiary Hatten Edge Pte. Ltd. has entered into a crypto mining facility and support services agreement with a new business partner, where up to 550 crypto mining rigs can be added to the group's crypto mining activites and deployed across its crypto mining…

Pakistan’s COLABS raises $3M seed fund led by Indus Valley Capital, Zayn Capital & Fatima Gobi Ventures

COLABS has raised $3 million in a seed round led by Indus Valley Capital, Zayn Capital and Fatima Gobi Ventures. The round was also joined by Shorooq Partners, Kinnow Capital, Muir Capital, Sai Ventures, and some key angels, including Turner Novak, William Hockey, and Teddy Himler.With this investment, COLABS aims to knit together a community of 100,000…

Singapore’s PropertyGuru to debut on NYSE on Friday

The merger proposal was passed on Tuesday (March 15) at the extraordinary general meeting of Bridgetown 2.

Rukita acquires Infokost.id to strengthens its position as market leader in Indonesia’s Prop-Tech industry

Rukita is strengthening its position as a market leader in the prop-tech industry by officially acquiring Infokost.id. It had relaunched Infokost.id to the public in February 2022.

How buildings will shape us: 3 PropTech megatrends that will change our built environment in 2022

If 2021 is the year of deliberation and experimenting with solutions, 2022 is the year to act and implement solutions for businesses to manage energy efficiency, automate their building operations and reduce carbon emissions. 

PropertyGuru delivers over $74.36M revenue in 2021, beats full year forecast

PropertyGuru Group said Monday its total revenue increased by 22.7 percentto S$100.7 million ($74.36 million) from S$82.1 million ($60.63 million), reflecting rising confidence in the property market .This is also 3.3 percent better than the group’s 2021 forecast of S$97.5 million ($72 million).

Malaysia’s Instahome partners with Indonesia’s Flokq to revolutionize the long-term home rental industry in Southeast Asia

Flokq and Instahome, the full-stack online to offline long-term rental platforms in Indonesia and Malaysia, on Wednesday announced a partnership spanning marketing and distribution, leveraging off each other’s property inventory, technology capabilities, and know-how hinting towards a strong prop-tech alliance that is shaping up in the region.