Existing investors KKR and TPG provided the funding for the Emtek-backed online property portal, which withdrew from a planned IPO late last year.
PropertyGuru Group, the Singapore-based real estate marketplace backed by diversified conglomerate Emtek, raised S$300m ($220m) today from investment firm KKR’s Asian Fund III and private equity group TPG. Founded in 2006, PropertyGuru runs an online real estate portal that spans Singapore, Indonesia, Malaysia, Vietnam and Thailand. It said today it has increased revenue 24% in…
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