Malaysian end-to-end rentals specialist Instahome has ceased operations two years after launch, with the company's website no longer active.
Rumours are circling that the business struggled to secure extra funding in 2022 despite a strong executive team including CEO Eric Tan, iProperty group co-founder Leon Kong and CTO Kambiz Khanlari.
Instahome was backed by investors Catcha Group during its launch in October 2020, with a business model focused on end-to-end rental transactions including searching, referencing and booking. The platform also incentivised prompt rental payments from tenants with rewards, as well as helping with moving services and home maintenance.
Instahome was unavailable for comment.
The company previously partnered up with Indonesian co-living rental specialist Flokq to share each others' inventories.
Realtor.com has reported strong growth in traffic, engagement, and search visibility on a new blog post, citing recent data from...
Read More
The British business-focussed newspaper, City AM has claimed that the UK's number two portal Zoopla has been put up for...
Read More
CoStar Group has reported strong Q1 2025 results, with the U.S.-based real estate data and marketplaces giant posting $732 million...
Read More
PropHero, the AI-powered CRM platform that helps property buyers find investment opportunities, has confirmed changes to its Australian operations just...
Read More
