PropTech
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.
Hong Kong’s Dash Living acquires Japan’s flexible accommodation firm IntheHood Hospitality
Dash Living, a Hong Kong-based serviced co-living community, announced Tuesday that it has expanded its presence in Japan through the acquisition of Tokyo-based IntheHood Hospitality via a share-swap based merger and acquisition (M&A) agreement.
Indonesian proptech platform Tanaku raises $5.5M pre-seed funding led by East Ventures
Tanaku, an Indonesia based proptech startup, said Tuesday it has raised $5.5 million of pre-seed funding led by East Ventures. The round included equity and debt capital from an International Bank, Tanaku. The fresh capital will accelerate Tanaku’s mission to make home ownership accessible and radically transform the home buying experience, with the current…
ESR partners with Enerbank to provide renewable energy certificates in Japan
ESR Group Limited (“ESR” or the “Company”, together with its subsidiaries as the “Group”; SEHK Stock Code: 1821), APAC’s largest real asset manager powered by the New Economy, is the first real asset manager to partner with Enerbank, one of the major green certificate operators in Japan, to participate in the Green Energy Certificate system.
