PropertyGuru: Manav Kamboj Appointed Managing Director, Fintech, in…

Singapore – 21 February 2023 – PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or the “Group”), Southeast Asia’s leading[1]property technology (“PropTech”) company today announced that Manav Kamboj, Chief Technology Officer of the PropertyGuru Group will take over leadership of the PropertyGuru Fintech business as Managing Director (MD) with immediate effect.

PropertyGuru ventured into fintech with the launch of PropertyGuru Finance in Singapore in 2020, and as of Q3 2022, the mortgage business had brokered over S$3 billion in mortgages. Manav will lead the business, leveraging technology, data and analytics to drive further digitization of the mortgage process and operational excellence. He has worked closely with the PropertyGuru Fintech team since inception, focusing on technology systems and infrastructure and brings this insight to his new role.

Commenting on the appointment, Hari V Krishnan, Managing Director and CEO, PropertyGuru Group said, “Manav brings a strong expertise in technology and experience in financial services, coupled with a deep understanding of our markets and customer needs. This will help with targeting. Our fintech ambitions starting with PropertyGuru Finance digitizing the mortgage process in Singapore. I wish him the very best for this new additional role.”

Manav Kamboj, Chief Technology Officer and Managing Director, Fintech, PropertyGuru Group said, “I am excited about my new role as MD, Fintech and the opportunities that are out there to help Southeast Asians maximize the value of their real estate assets. Our focus will be on developing products and solutions for the mortgage market that manage homebuyers’ financing needs and which are more often than not the biggest obstacle in their housing journey.”

Manav joined PropertyGuru Group as CTO in 2017 and has since grown the technology team to double its size. As CTO, he leads a distributed team of engineers, software developers and data scientists who deliver technology solutions to meet the ever-changing needs of home seekers, real estate agents and property developers across the region. Under his leadership, PropertyGuru Group was recently certified ISO/IEC 27001 Information Security Management System (#ISMS). ISO/IEC 27001:2013 is the international standard for information security. He also spearheaded the inauguration of PropertyGuru Group’s Technology Center of Excellence in Bengaluru, India. The opening of the center marks the group’s sixth country office (talent only), along with offices in Singapore, Malaysia, Thailand, Vietnam and Indonesia. This CoE is an important step in scaling the technology capability and capacity to drive PropertyGuru’s mission to help property seekers, sellers and owners make confident real estate decisions, beyond “property search”.

He has more than two decades of extensive experience in the consumer internet industry across e-commerce, mobile applications and technology consulting. On top of his extensive experience in technology, Manav spent more than 7 years in retail banking, leading cross-functional teams in retail lending, product management and customer acquisition strategy.

About PropertyGuru Group

PropertyGuru is Southeast Asia’s leader[1]The PropTech company, and the preferred destination for over 44 million property seekers[2]to find your dream home every month. PropertyGuru provides property seekers with more than 3.5 million property listings[3]in-depth insights and solutions that enable them to make confident real estate decisions in Singapore, Malaysia, Thailand, Indonesia and Vietnam.

PropertyGuru.com.sg was launched in Singapore in 2007 and since then PropertyGuru Group has made the property journey a transparent one for property seekers in South East Asia. Over the past 15 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio of leading property marketplaces across its core markets; award-winning mobile apps; mortgage marketplace, PropertyGuru Finance; and a range of enterprise solutions now under PropertyGuru For Business, including a high-quality developer sales enablement platform, FastKey, DataSense, ValueNet, awards, events and publications across Asia.

For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.

Media Contact Information:

Archetype Singapore

Anushka Shrivastava / Annabell Woon

[email protected]

PropertyGuru Group

Sheena Chopra / Divya Ravalie Kuchimanchi

[email protected]

[1] In terms of engagement market share based on SimilarWeb data.

[2] Based on Google Analytics data between April 2022 and September 2022.

[3] Based on data between April 2022 and September 2022.

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