Singapore Real Estate Platform Raises $145M, Led By KKR

Law360 (October 31, 2018, 3:30 PM EDT) -- Singapore-based real estate solutions platform PropertyGuru Pte. Ltd. on Wednesday said it has raised approximately S$200 million ($145 million) in a funding round that was led by global investment firm KKR & Co. LP and guided by Allen & Gledhill LLP.

PropertyGuru said the proceeds from the Series D funding round will be used to invest in technology and solutions that benefit real estate agents, property developers and home seekers. The KKR investment will be provided by KKR Asian Fund III and is part of the firm's strategy to invest in high-growth markets that will benefit from rapid adoption of new...

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