PropTech
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.
Malaysian PropTech firm Urbanmetry bags $2M Pre-Series A led by Monk’s Hill Ventures
Urbanmetry has closed a Pre-Series A round of $2 million led by Monk’s Hill Ventures. The funding will be used for developing its intelligent data products and platforms to serve end consumers in the property and mortgage markets; and for building out its product, technology, data, and business development teams.
Singapore real estate investment platform RealVantage receives capital markets services licence from Singapore’s regulator
RealVantage is now fully regulated by Singapore’s central bank to deal in capital markets products and more critically, open the heavily-gated world of private equity real estate investments to Singapore-based retail investors, with immediate effect.
Thai proptech startup PropertyScout raises total funding to $2.5M in oversubscribed pre-Series A round
PropertyScout, has reached $2.5 million in total funding after successfully closing its Pre-Series A round. Hustle Fund led the round, while a number of well-known prop tech investors, included industry veterans such as Simon Baker, Marc Stilke, Brian Ma, as well as AngelCentral also joined the round.
S P Setia’s Alex Chi discusses how process, structure, and culture are important in cultivating corporate innovation [ORIGIN Innovation Awards Q&A]
The key success factors of corporate innovation are -- Process, Structure, and Culture. First, process needs to be optimized. Second, enable a structure to facilitate agile resources and empowerment. And third, cultivate culture to embrace change and nurture unorthodox thinking.
Thai proptech firm Lazudi raises $2M funding from Swedish venture capital firm PropTech Farm
Lazudi has raised $2 million investment from PropTech Farm. The cash injection provides the firm with the capital it needs to deploy the technology to simplify the home buying and selling process, which comes at the right time as Thailand’s property market gets ready for growth following the easing of travel restrictions.
