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Monday, April 29, 2024

Thailand’s Lazudi raises $2m investment from Swedish venture capital firm PropTech Farm

Thailand’s property market is poised for a tech transformation after Lazudi became the kingdom’s first cloud-based property agency with a $2 million investment from Swedish venture capital company PropTech Farm, Lazudi recently announced.

The cash injection provides Lazudi with the capital they need to deploy the technology to simplify the home buying and selling process, which comes at the right time as Thailand’s property market gets ready for growth following the easing of travel restrictions, the company said. 

According to the announcement, the deal with Stockholm-based PropTech Farm puts Lazudi at the forefront of digital innovation in the Thai property market, by using technology to move more of the property transaction process online.

“The past few years have helped accelerate consumers’ acceptance of digital resources to make better, more informed decisions for…

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