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PropertyGuru, South-East Asia’s main property portal, concerned in region’s biggest ever online funding deal But it turned into all about boot-strapping past early challenges and competition that regarded out of nowhere IN June, Deutsche Telekom subsidiary ImmobilienScout24, one of the pinnacle on line assets portals in Europe, invested S$60 million (approximately US$forty seven million at the time) in PropertyGuru, South-East Asia’s No 1 belongings portal.   It turned into perhaps the largest on line deal within the place, and a vindication of all that familiar wisdom of the begin-up scene, truisms that many technopreneurs seem to clearly forget about: Identify the marketplace opportunity, build a business plan, get a solid partner and right team, gird your self for opposition – and be prepared to paintings your butt off for some time.   The tale of PropertyGuru began in 2006 while Steve Melhuish and Jani Rautiainen registered AllProperty Media Pte Ltd in Singapore, though it be...

Five Pillars sales movement key to its virtual TV sustainability Hopes to interrupt even on US$493mil capex spend in Year Seven SELECTED to construct, function and control the infrastructure for digital terrestrial tv broadcast (DTTB) service in Malaysia for 15 years, Puncak Semangat Sdn Bhd gave its first media briefing on its plans on June 2.   And even as the briefing has laid to rest rumours that it had deliberate to get into the content sport and venture Astro Malaysia Holdings Bhd, it also served to highlight that its commercial enterprise version past collecting rent from broadcasters to deliver their content digitally, will be difficult.   This may be seen from the reality that of its 5 pillars sales move, three come from non-broadcast sources, particularly Connected Services, t-Commerce & Application Services and Soft Services (see desk) .   These will be introduced via broadband and LTE (Long-Term Evolution) connectivity which suggests that Puncak Semangat’s set-p...