Australian PropTech company :Different has gone into voluntary administration, with KPMG set to sell the platforms assets and intellectual property.
In a note to staff, :Different Co-founders Mina Radhakrishnan and Ruwin Perera said despite working hard to secure the additional funding needed to complete building and scaling the platform, they had been unable to secure enough to continue operating the business as its currently being run for any significant period of time.
They said the capital markets for scale-ups at their stage of growth were incredibly challenging.
As you know from our recent updates, weve paused all growth and integration efforts on the Different for Agencies product and have been working closely with our partners t…
Read the full article at: https://eliteagent.com/sad-day-as-different-goes-into-voluntary-administration/