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Singapore property tech company 99 Group raises fresh $11m

Real estate portal operator gets money in Series C round extension

Founded in 2014, 99 Group has so far raised over $80 million. (Screenshot from 99 Group's website) 

JAKARTA -- Property technology company 99 Group, which owns and operates multiple real estate portals in Singapore and Indonesia, has raised $11 million in a Series C round extension from Gaw Capital Partners and OCBC NISP Ventura, according to an announcement from the latter.

The company, which operates property portals such as 99.co, iproperty.com.sg, Rumah123.com and srx.com.sg, is expected to use the funding to continue its expansion through strategic partnerships and acquisitions.

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