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The CEO of Property Guru plans to return after the IPO flop in Australia

Published On 28 Dec 2019 11:26 AM


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In late October, the board of PropertyGuru huddled with Credit Suisse Group, UBS Group, and other investment bankers to discuss the potential initial public offering (IPO) of the Singapore start-up.

Talks with potential investors coincided with a slump in Australian tech stocks; people began to question their planned A$ 1.36 billion (S$1.26 billion) valuation.

Hari Krishnan, chief executive of PropertyGuru, was dialled in f....


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