PropTech
WORQ raises pre-series B funding at an up-round on the back of profitability
WORQ, a Malaysia-based coworking and flexible space provider, has successfully completed its latest fundraising round, backed by 14 follow-on investors. The global asset management firm, Phillip Capital, helms this round with its largest placement to-date and its third consecutive investment into WORQ.
October 10, 2023
PropertyGuru’s revenue rises 12 pct year on year, underpinned by Malaysia and Singapore’s operations
Singapore-based property portal PropertyGuru Group Limited has on Thursday announced that the group's revenue increased by 12 percent year on year to SGD 37 million ($27.28 million). PropertyGuru said in a statement that the group posted a net loss of SGD 6 million ($4.42 million) in the second quarter, as compared to a net income of SGD 4 million ($2.95…
August 25, 2023
TNGlobal Insider,Analysis,PropTech,Philippines
Proptech 2.0 in the Philippines: An untapped opportunity in 3 numbers
Is the Philippine #RealEstate market now ripe for the next wave of proptech to emerge? We share five numbers that provide some clues to where the innovation compass is pointed in the #Philippines #proptech space.
August 18, 2023
Indonesia’s GORO raises $1M funding in pre-seed round led by Iterative
GORO, an Indonesia-based fractional property marketplace platform, has raised $1 million in a pre-seed round led by early-stage venture capital firm Iterative. The funding round was also participated by several prominent investors including XA Network, StashAway’s Angel Investing Program and Indonesian property veteran, Mike Broomell of Colliers……
August 9, 2023
Malaysia’s WORQ partners DE Rantau to bring high-value jobs to Malaysia worth over $79M
WORQ, a Malaysia-based coworking and flex space provider, has announced its collaboration with Malaysia Digital Economy Corporation (MDEC)'s DE Rantau to launch the WORQ with DE Rantau program. The program is estimated to inject MYR 360 million ($79.07 million) into the Malaysian economy by supporting 6,000 highly skilled workers to the workforce as well as…
July 21, 2023
Indonesia’s GoWork sees business grow by more than 2 times from pre-pandemic levels
Indonesia’s coworking space operator GoWork has reported that its business has grown by more than 2 times from pre pandemic levels. GoWork said in a statement on Monday that the uptick in business is a direct result of its ability to persevere through Covid-19 and its decision to expand its services.
July 10, 2023
WORQ on track to double total space under management to 200,000 sqf by year end
WORQ, a Malaysia-based coworking and flexible space provider, said Monday it is on track to double its total space under management to 200,000 square feet by the end of 2023.
June 19, 2023
Quest Ventures-backed ApartX raises $250,000 in oversubscribed series seed round
ApartX, a Quest Ventures-backed property technology startup focused on rental property management, has on Wednesday announced that it had secured seed funding of $250,000 from Kazakhstan-based Big Sky Capital and Activat VC.
June 14, 2023
Aurum PropTech acquires Indian proptech brand NestAway for $11M
Aurum PropTech (formerly known as Majesco Limited) has approved the acquisition of up to 100 percent stake in NestAway Technologies Private Limited (NestAway), a PropTech brand in India for a consideration of up to INR 90 crores ($11 million) .
June 5, 2023
Singapore’s ZUZU Hospitality raises $9M in oversubscribed Series B round led by SoftBank Ventures Asia
ZUZU Hospitality Solutions Pte. Ltd., a Singapore-based revenue platform provider for independent hotels, has on Thursday announced the successful completion of an oversubscribed $9 million Series B round led by SoftBank Ventures Asia.
May 27, 2023
XM Studios forms strategic brand alliance with IMMORTALS
March 27, 2024
XM Studios forms strategic brand alliance with IMMORTALS
March 27, 2024