Singapore online realtor raises $200m from US equity giants

PropertyGuru to accelerate growth strategy in key markets Malaysia and Vietnam

20200903 singapore

Singapore based PropertyGuru had clocked 24% year-on-year revenue growth and had a market share of 57% in Southeast Asia. © Reuters

DEVIANA CHUO, DealStreetAsia

SINGAPORE -- Global private equity giants TPG and KKR have invested 300 million Singapore dollars ($200 million) in PropertyGuru Group, the property tech company said in a press statement on Wednesday.

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