1. Startups

Pinhome Reportedly Pockets Series B Funding 719 Billion Rupiah

This acquisition brings Pinhome to the list of centaur startups with an estimated valuation of around $225 million

Platform proptech Pinhome is reported to have pocketed series B funding worth $50 million or the equivalent of 719 billion Rupiah. From the data submitted to the regulator, several investors involved include Goodwater Capital, Intudo Ventures, Ribbit Capital, Eurazeo Smart City, Insignia Ventures Partners, Watiga Trust, Global Founders Capital, and a number of others.

DailySocial.id tried to get confirmation from related parties, but they were reluctant to explain further regarding this funding. According to the spokesperson pinhome represented by the Head of Marketing & PR Pinhome Dani, they have not been able to provide any comments related to funding or investors.

"Pinhome's current focus is to improve services and consumer experience when conducting property transactions and household services, so as to increase customer satisfaction newuser and monthly active users on our apps and sites."

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