Sound business strategy crucial for proptech players

Sound business strategy crucial for proptech players

The property market is facing numerous hurdles, and Propzy’s failure makes it difficult for the proptech ecosystem to improve.
Learning the lessons of proptech failures

Learning the lessons of proptech failures

Inadequate use of capital, inefficient management, and being unable to keep track of market demand have all caused the end of some startups, even those that have enjoyed capital injections worth tens of millions of US dollars.
Propzy predicament signals warning to property startups

Propzy predicament signals warning to property startups

Once considered a rising star in the field of real estate technology, Propzy announced its closure last week.
The wider impact of Propzy collapse to the proptech sector

The wider impact of Propzy collapse to the proptech sector

With proptech startup Propzy ceasing operations, VIR’s Bich Ngoc spoke with Doan Tung, chief marketing and growth officer from Houze Group, to discover how proptech businesses like Houze can reduce risks and if Propzy’s downfall will impact investment flows.
Vietnamese proptech startup Propzy ceases operation

Vietnamese proptech startup Propzy ceases operation

Startup proptech Propzy just released an internal announcement to stop its operation on September 12, and all employee labour contracts are terminated effective September 13 at 12.01am.
Investors keen on Vietnamese proptech platforms

Investors keen on Vietnamese proptech platforms

Local and foreign investors are eyeing the potential of Vietnam’s proptech platforms
Gaw Capital to increase its footprint in Southeast Asia

Gaw Capital to increase its footprint in Southeast Asia

The pan-Asian private equity firm Gaw Capital is scouring Southeast Asia, including Vietnam, in search of potential investment opportunities.
Propzy seeks to raise $50 million in Series B

Propzy seeks to raise $50 million in Series B

Propzy, a local proptech startup is seeking to raise $50 million in its Series B funding round.