Data Vantage: Proptech in the spotlight as PropertyGuru and Soho raise funds

Two Singapore-registered proptech companies, Soho Property and PropertyGuru, saw an increase in their paid-up capital this month, showed regulatory filings accessed by DealStreetAsia-DATA VANTAGE.

In early August, PropertyGuru received $146.9 million from REA Asia Holdings Co, according to ACRA filings. REA Asia Holdings Co is currently the third biggest shareholder in the firm with an 18% stake, behind Epsilon Asia Holdings and TPG Asia, according to DATA VANTAGE.

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