Tired of ads? Enjoy an ad-free experience by signing up.
Aditya Hadi Pratama · · 1 min read

Indonesian proptech startup secures funding from OCBC NISP’s investment arm

Prospeku, an Indonesia-based proptech startup, has raised an undisclosed amount of seed funding from OCBC NISP Ventura, the investment arm of publicly listed Bank OCBC NISP, a subsidiary of Singapore’s OCBC Bank.

The Prospeku team / Photo credit: Prospeku

Founded as an internal project at Bank OCBC NISP in 2019, Prospeku has been spun off to become an independent company. Yulius Elvino, the company’s chief executive, also no longer works for the bank.

The startup’s app is designed to help property agents manage deals and list their inventories in classified ads platforms such as Rumah123, 99.co, and CicilSewa. Prospeku has also partnered with Bank OCBC NISP to provide loan facility for property buyers.

Prospeku claims that it has more than 17,000 agents on its platform to date. It currently has seven employees, but its recruitment process is ongoing so it’s still getting support from the OCBC NISP Ventura team, a Prospeku representative told Tech in Asia.

The startup plans to use the fresh funds to develop its platform and acquire more users.

Editing by Collin Furtado and Eileen C. Ang

(And yes, we’re serious about ethics and transparency. More information here.)

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.

TIA Writer

Aditya Hadi Pratama

Writing about startup and technology in Indonesia, while reading biography and science fiction books.