PropertyGuru, Southeast Asia's leading property technology group, has completed its largest financing round led by KKR and acquired Batdongsan, Vietnam's largest property portal.

Target Information

PropertyGuru, the premier property technology company in Southeast Asia, has successfully finalized its largest financing round to date. This strategic funding round was spearheaded by KKR, a recognized leader in global investment management. As part of this significant growth initiative, PropertyGuru has announced its acquisition of Batdongsan, which holds the distinction of being the largest property portal in Vietnam.

This acquisition not only strengthens PropertyGuru's market presence in Vietnam but also enhances its overall portfolio in the rapidly evolving property technology landscape in Southeast Asia. By integrating Batdongsan into its operations, PropertyGuru aims to leverage the synergies between both platforms to create increased value for users and clients.

Industry Overview in Vietnam

The property technology sector in Vietnam has experienced dramatic growth in recent years, fueled by rising urbanization rates and an expanding middle class. This burgeoning demand for real estate services aligns well with the increas