Proptech startup Hidup secures over US$100k from Australian investors.

Proptech startup Hidup secures over US$100k

Digital Marketplace Asia’s proptech product raises more than AU$150,000 (US$100,725) in seed funding from angel investors in Australia, as reported by DealStreetAsia. The Indonesia-based company also has received support from the Small Business Entrepreneur Grants Program from the Department of Employment, Small Business and Training in Queensland, Australia.

Founded by Steven Ungermann, it wants to change the way foreigners and expats search for long-term accommodation while relocating to Indonesia. The startup said it seeks to offer a new way to find mid to long term accommodation rentals in major cities through its offices in Jakarta, Makassar, and remote teams in other Indonesian cities and in Brisbane, Australia.

Read more on DealStreetAsia

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