PropertyGuru went public via a SPAC merger with Pacific Century and Thiel Capital-backed Bridgetown 2 Holdings in a $1.35bn deal.

PropertyGuru, a property technology company, went public via a SPAC merger with Pacific Century and Thiel Capital-backed Bridgetown 2 Holdings, a special purposes acquisition company, in a $1.35bn deal. Investors in PIPE include Baillie Gifford, Naya, REA Group, and Akaris Global Partners. An additional investment from KKR, TPG Group and REA Group. "We are thrilled to have successfully completed our business combination with Bridgetown 2, which provides additional capital to pursue organic and strategic growth, and will accelerate our ability to access capital markets in pursuit of delivering world-class solutions for our customers," Hari V. Krishnan, PropertyGuru CEO and Managing Director.