About Ocision
Ocision is a Real Estate & Construction company based in Petaling Jaya (Malaysia) founded in 2010, and was acquired by The Star Online in May 2013. Holding company for real estate portals and used car classifieds. Ocision has raised $1.6 million across 3 funding rounds from investors including The Star Online. The company was acqui-hired. Its focus areas include Consumer, Residential Real Estate Tech, Listings and Real Estate and Construction Tech.
Company details
Ocision was founded in 2010 in Petaling Jaya, Malaysia, as a holding company for real estate and automotive classifieds portals. It was acquired by Star Media in 2013. Operations are managed through subsidiaries including ibilik, which provides online accommodation rentals across Malaysia, Singapore, Indonesia, the Philippines, and Brunei; Propwall, focused on property rentals, sales, and auctions in Malaysia and Singapore; and CarSifu, dedicated to used car classifieds.
- Headquarters Petaling Jaya, Malaysia
- Stage Acquired
- SectorsReal Estate & Construction
- Email••••••••
- Website ocision.com
- Acquired by The Star Online (May 2013)
- Total Equity Funding$1.6M (USD)
in 3 rounds
- Latest Funding Round$1M (USD), Angel Round
Nov 2011
- Investors
- Acquired byThe Star Online
(May 2013)
Funding Insights of Ocision
Ocision has successfully raised a total of $1.6M across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $1 million completed in November 2011. 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.
- Total Funding $1.6M
- Total Rounds 3
- Last Round Angel Round — $1M
- First Round $100,000
(Mar 2010)
All 3 funding rounds of Ocision with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2011 | $1M | Angel Round | – | – | – |
| May 2011 | $500,000 | Angel Round | – | – | – |
| Mar 2010 | $100,000 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Ocision
Ocision has secured backing from 1 investor. Prominent investors backing the company include The Star Online.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of online news and multimedia content | 1995 | thestar.com.my | Petaling Jaya, Malaysia |
Investor details for Ocision
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Ocision
4 dated milestones of Ocision across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Ocision is founded.
- Funding First funding round of $100K.
- Funding Latest funding round, Angel Round, of $1.0M.
- Exit Acquired by The Star Online.
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Frequently Asked Questions about Ocision
Ocision was founded in 2010.
Ocision is headquartered in Petaling Jaya, Malaysia. It is registered at Petaling Jaya, Selangor, Malaysia.
Ocision is a funded company, having raised a total of $1.6M across 3 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Mar 2010.
Ocision was founded in 2010 in Petaling Jaya, Malaysia, as a holding company for real estate and automotive classifieds portals. It was acquired by Star Media in 2013. Operations are managed through subsidiaries including ibilik, which provides online accommodation rentals across Malaysia, Singapore, Indonesia, the Philippines, and Brunei; Propwall, focused on property rentals, sales, and auctions in Malaysia and Singapore; and CarSifu, dedicated to used car classifieds.
Ocision has 1 investor. Key investors include The Star Online.
Yes. Ocision was acquired by The Star Online in May 2013.