InfoKost
Stage
Acquired | AcquiredAbout InfoKost
InfoKost is a real estate search platform for apartments and houses rented short or long-term. On March 14th, 2022, InfoKost was acquired by Rukita. Terms of the transaction were not disclosed.
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Latest InfoKost News
Mar 15, 2022
The deal’s value hasn’t been revealed. GDP Venture, a Djarum Group finance business, owned Infokost.id. GDP Venture announced the shutdown and termination of Infokost’s activities in December 2020. Rukita then took control and used a number of innovations to revitalise the company. Currently, Infokost.id’s property listing platform has one million rooms and services 50,000 property owners. Consumers looking for a boarding house can use their mobile phone number to register on the Infokost website. Then, by filling out the form and immediately communicating with the Infokost.id team, customers may search for and make reservations at properties on its verified list by filling out the form and directly contacting the Infokost.id team, who will submit the request to the property owner. At the same time, boarding house owners who want to work with Infokost.id can register their establishments on the website. “With this acquisition, we can serve more consumers and property owners across Indonesia through Infokost.id. This is one of several Rukita business expansions planned for 2022,” said Xu-Zonne Ho, Co-Founder and CTO of Rukita. Rukita, a Sequoia Surge business, aims to give residents and property owners a hassle-free living experience. According to a press statement, the company has gained a total of 13 million online users since its inception in mid-2019.
InfoKost Frequently Asked Questions (FAQ)
Where is InfoKost's headquarters?
InfoKost's headquarters is located at Wisma 77 tower 2 5th floor, Jakarta.
What is InfoKost's latest funding round?
InfoKost's latest funding round is Acquired.
Who are the investors of InfoKost?
Investors of InfoKost include Rukita and Merah Putih.
Who are InfoKost's competitors?
Competitors of InfoKost include RoomMe.
Compare InfoKost to Competitors
MamiKos is a real estate platform for short-term rentals. The company sends a surveyor to visit each room and boarding house, take photos, and verify data, keeping in touch with property managers to update the data on room availability and pricing.
RoomMe is a hospitality app that offers a network between hosts and tenants.
UrbanIndo is an Indonesian online real estate marketplace. The company simplifies the search process by allowing its users to query directly on a map, complete with features like neighborhood reports, similar properties, and price distribution analysis of a neighborhood within a specific listing.
YukStay is an online market place for short term rentals. It allows users to rent hotels, motels, and private residences like apartments and guest houses. On March 25, 2021, YukStay was acquired by Flokq. The terms of the transaction were not disclosed.
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