Proptech

Urbanmetry wins US$2mil pre-series A to grow proptech business
Urbanmetry, an AI-driven city and property data company, announced it has closed a Pre-Series A round of US$2 million (RM8.37 million) led by Monk’s Hill Ventures.
CIMB partners Juwai IQI to offer property financing
CIMB Bank Berhad, CIMB Islamic Bank Berhad and Juwai IQI, Asia’s largest proptech group, have entered a partnership to provide property financing to Juwai IQI customers in Malaysia. 
PropertyGuru plans US SPAC with Bridgetown2, Peter Thiel, Richard Li
Transaction will see enterprise value of US$1.35bil & equity value of US$1.78bil PropertyGuru’s shareholders, will retain over 70% ownership of listed entity
PropertyGuru to acquire Australia’s REA Group’s iProperty Malaysia and thinkofliving Thailand assets for 18% equity
PropertyGuru strengthens position as Southeast Asia’s Proptech leader REA Group to become shareholder and take seat on PropertyGuru Board
Proptech player Juwai IQI sets up HQ, tech hub in M'sia
Juwai IQI’s data and technology centre, located in Kuala Lumpur, is expected to hire more than 1,000 employees that include digital roles
Ohmyhome launches renovation services, expands service line-up
Beyond property searching and post-purchase, Ohmyhome offers users the option to obtain renovation services in a simpler and more transparent manner
Catcha Group is back in property game with home rental service Instahome
Founded by Eric Tan and Catcha Group’s cofounder Patrick Grove, Instahome is set to make home rentals much easier through a platform that facilitates rental digitally while ensuring a hassle-free rental experience.
Green Packet strengthens leadership team with 3 key hires
New executives will support company’s long-term growth ambitions Adds venture builder unit and new Smart City & Urban Tech line of business
In largest startup investment in SEA since Covid-19 hit, PropertyGuru raises additional US$220mil from TPG and KKR
The Southeast Asian proptech company will be utilising the newly-raised funds to invest in identified strategic areas of growth across the Southeast Asian region, wherein it has a majority of the market share.
Inaugural IOI Hackathon finds its proptech winners
The open innovation proptech hackathon, which Grand Finals just concluded, saw 64 teams competing to build tech-based solutions for the property market.
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Digerati50 2020-2021

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