UrbanIndo, an Indonesian online real estate marketplace, raised a funding round of undisclosed amount.
Backers included Silicon Valley-based Fenox Venture Capital and Japan-based GREE Ventures. East Ventures had invested in a previous round.
The company intends to use the funds to hire new professionals, who will ad to its 11-person team.
Led by Arip Tirta, Co-founder and CEO, UrbanIndo is an online real estate marketplace that aims to simplify the buying and selling of real estate in Indonesia. The platform features map-based search capabilities and market analyses such as neighborhood overview and locality price distribution. Launched in November 2011, UrbanIndo has 17,000 registered users, and 9,000 properties transactions, from 75,000 listings.
FinSMEs
23/06/2013