No IPO in 2018, will raise capital if there is inorganic opportunity: PropertyGuru CEO

After having deferred its listing in the past, the region’s largest realty portal, PropertyGuru, has no plans to go in for an initial public offering (IPO) in 2018, but will raise more capital if there is an ‘opportunity for inorganic growth, which includes an investment or acquisition of another player for growth’, a top executive with the company told this portal.