99 Group

Singapore, Singapore Founded: 2014 • Age: 12 yrs
Online listing platform for residential and commercial properties
Annual revenue $4.4M Latest available
Total funding $88.5M 6 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About 99 Group

99 Group is a company based in Singapore (Singapore) founded in 2014 by Darius Mahtani Cheung. 99 Group has raised $88.49 million across 6 funding rounds from investors including Peak XV Partners, Gaw Capital Partners and OCBC NISP Ventura. 99 Group has completed 4 acquisitions, including Rumah123, SRX and UrbanIndo. 99 Group operates in a competitive market with competitors including idealist, Zillow, Yandex, Trulia and Zigbang, among others.

  • Headquarter Singapore, Singapore
  • Founders Darius Mahtani Cheung
  • Sectors
    Real Estate & Construction
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.44 M (USD)
    117
    as on Jun 30, 2021
  • Net Profit
    -$7.9 M (USD)
    36
    as on Jun 30, 2021
  • EBITDA
    -$7.9 M (USD)
    36
    as on Jun 30, 2021
  • Total Equity Funding
    $88.49 M (USD)

    in 6 rounds

  • Latest Funding Round
    $11 M (USD), Series C

    Mar 13, 2023

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    Rumah123

    & 3 more

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People of 99 Group

Headcount 10-50
Employee Profiles 85
Employee Profiles
People
Darius Cheung
Group CEO & Co-founder
People
Jason Barakat - Brown
Group CFO
People
Erwin Lee
Group Chief Technology Officer
People
Rajesh Sangati
Group Chief Product Officer

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Funding Insights of 99 Group

99 Group has successfully raised a total of $88.49M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $11 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in 99 Group

99 Group has secured backing from 12 investors, including venture fund and angel investors. Prominent investors backing the company include Peak XV Partners, Gaw Capital Partners and OCBC NISP Ventura.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Real estate investment and fund management services in global markets.
Locked Locked Locked
-
Locked Locked Locked
Early and expansion stage tech investments are targeted across Pan-Asia.
Locked Locked Locked
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Investor details for 99 Group

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by 99 Group

99 Group has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Rumah123, SRX and UrbanIndo.

Investments
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Investment portfolio details for 99 Group

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Online listing platform for residential properties
Locked Locked 2014 Locked
Residential properties in Indonesia are listed via UrbanIndo's platform.
Locked Locked 2011 Locked
Online listings for real estate properties are provided by Rumah123.
Locked Locked 2007 Locked
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Complete acquisition details for 99 Group

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - 99 Group

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Detailed financials for 99 Group

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  • Profit trends
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99 Group Comparisons

99 Group Primary company
Description
Online listing platform for residential and commercial prope...
Location
Singapore, Singapore
Founded Year
2014
Annual Revenue
$4.44 M (USD)
Net Profit
-$7.9 M (USD)
EBITDA
-$7.9 M (USD)
Employees
Not available
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Peer comparison for 99 Group

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Competitors of 99 Group

99 Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as idealist, Zillow, Yandex, Trulia and Zigbang, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online listing platform for buying and selling residential and commercial properties
Locked Locked Locked
Residential properties are listed and searched through an app-based platform.
Locked Locked Locked
An AI-enabled search engine and related digital services are provided.
Locked Locked Locked
Residential real estate search engine
Locked Locked Locked
Real estate listings are facilitated through web and mobile platforms.
Locked Locked Locked
Real estate properties are discovered via an online portal.
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Detailed competitors of 99 Group

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  • Full company profiles
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Latest news on 99 Group

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Complete news archive for 99 Group

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  • Source and publication date
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Frequently Asked Questions about 99 Group

99 Group was founded in 2014.

99 Group is headquartered in Singapore, Singapore.

Darius Mahtani Cheung is the current CEO of 99 Group. They have also founded this company.

99 Group is a funded company, having raised a total of $88.49M across 6 funding rounds to date.

Annual revenue of 99 Group is $4.44M as on Jun 30, 2021.

Online listing platform for residential and commercial properties. The platform enables users to buy, sell rent residential and commercial properties. It enables users to specify a location to find a list of registered properties and can connect with the agent via the platform. Property owners and landlords can create listings by providing necessary information such as price, area, amenities offered, and more. Its mobile app is available on Android and iOS devices.

99 Group's top competitors include Zillow, PropertyGuru and Trulia.

99 Group has made 4 acquisitions, including Rumah123, SRX, and UrbanIndo.

99 Group has 12 investors. Key investors include Peak XV Partners, Gaw Capital Partners, OCBC NISP Ventura, Mindworks Capital, and Allianz X.

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