PropertyGuru bags S$300m from TPG, KKR to boost growth
Fresh injection of funds from its largest shareholders will accelerate its growth strategy across its key markets
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Fiona Lam
Singapore
US PRIVATE equity giants TPG Capital and KKR, as PropertyGuru's largest shareholders, have pumped an additional S$300 million into the South-east Asia-focused property technology firm.
The fresh injection, raised from two recent rounds of new funding, will accelerate PropertyGuru's growth strategy across its key markets, said the Singapore-based startup, which pulled the plug on a A$380.2 million (S$380.5 million) initial public offering (IPO) less than a year ago.
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