PropertyGuru lands $220M from KKR and TPG to conquer Southeast Asia – TechCrunch

Southeast Asia’s leading property listing company PropertyGuru is making great strides across the region as it secures a fresh investment of SG$300 million ($220 million), it announced this The proceeds, financed by existing investors KKR and TPG, both buyout titans, will fuel PropertyG…

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PropertyGuru has kept itself busy in 2020 so far, launching a mortgage marketplace in Singapore and a virtual walkthrough feature for property developers as well as seekers at a time when traveling is unsafe or unattainable. Every month, 24. 5 million property seekers use the company’s various products to find homes, which number 2. 7 million across the region at the time of its latest funding news. “Our strong financial performance over the last few years has enabled us to invest aggressively and smartly, to build what is today an integrated and differentiated technology platform that caters to the unique opportunities in Southeast Asian markets,” chief executive Hari V.

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