Daily Markup #705: 99 Group lands US$11M Series C extension to boost the convenience of property buying and renting for more people

Credit: 99 Group

Bringing home the bacon

  • It’s hard to imagine what life was like before we could search, buy and rent properties online.
  • In Singapore and Indonesia, this convenience exists thanks to 500-backed proptech company 99 Group, which raised US$11M in a Series C extension round co-led by OCBC NISP Ventura and existing investor Gaw Capital Partners.
  • This brings the company’s total Series C round to US$48.6M. The fresh funds will support 99 Group’s continued growth and expansion through strategic partnerships and acquisitions.
  • Launched in 2014 by Darius Cheung, Yan Phun, and Conor McLaughlin, the team operates 99.co, SRX, iProperty, and Rumah123.
  • These platforms help users simplify their property buying and renting process with nifty features such as smart filters, price analysis data, and financial planners.
  • Congratulations to 99 Group!
  • Read the full article on Tech in Asia.


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