Catcha Group
Yesterday, Catcha Group announced the launch of Catcha Ventures, its investment arm which will focus on funding high growth new media, technology and mobile companies in the South East Asian region. In a media release, the company stated it would invest between USD$50 to $100 million in chosen companies over the next three to five year period.
On Monday, Melbourne-based online real estate ad company REA Group Limited (ASX:REA) announced it had bought a 17.22 percent stake in Catcha Group’s portfolio company, iProperty Group, for AUD$106.3 million.
