Living Lab Ventures Fuels Proptech Growth with Lamudi Investment

• LLV invests in Lamudi’s parent company, boosting proptech growth
• The move expands LLV’s reach to Australia
• Lamudi aims to enhance its platform and user experience

Sinar Mas Land’s CVC Makes Waves

Living Lab Ventures (LLV), the corporate venture capital arm of Sinar Mas Land, has made a strategic investment in Digital Classifieds Group (DCG), parent company of Lamudi.

This move bolsters DCG and Lamudi’s position in the Asia-Pacific proptech scene, particularly in Indonesia.

Expanding Horizons

The investment marks LLV’s expansion into Australia and strengthens its foothold in the Asia-Pacific proptech industry.

DCG CEO Mark Nosworthy sees this collaboration as a catalyst for accelerating growth and enhancing technology solutions for Southeast Asian users.

Lamudi’s Digital Revolution

Since 2014, Lamudi has been instrumental in digitalizing Indonesia’s real estate industry. The platform has empowered over 30,000 property agents, improving their tech proficiency and digital marketing skills. Lamudi Indonesia

CEO Mart Polman anticipates that LLV’s support will help expand operations and cement Lamudi’s position as a leading real estate marketplace.