Baania (Thailand) Co.,Ltd.

Baania. com is a real estate platform in Thailand that provides services for buying, selling, and renting properties, utilizing technology to connect buyers and sellers efficiently. Founded in 2015, Baania (Thailand) Co. ,Ltd.

operates as a real estate service provider, focusing on facilitating transactions for second-hand homes, condominiums, and new developments across Thailand. The company is headquartered in Thailand and has undergone strategic developments to enhance its service offerings. In May 2018, Baania raised THB 100 million in funding led by Krungsri Finnovate, with other notable investors including 500 Global, AddVentures, and PTT Public Company Limited. The funding was targeted at expanding their operational capabilities and enhancing their technological solutions.

Baania. com specializes in real estate services, focusing on the sale and rental of second-hand homes, condominiums, townhomes, and new developments across Thailand. The platform provides a comprehensive suite of tools, including a property valuation system for accurate assessments and a loan calculator for buyers. By allowing users to post property listings for free, Baania.

com connects sellers and buyers directly, minimizing commission fees. Their services cater to home buyers, renters, real estate investors, and property agents, especially in urban centers like Bangkok, Nonthaburi, Samut Prakan, and Chiang Mai. In the most recent year, 2022, Baania. com generated revenue of THB 253,974.

6 and reported an EBITDA of THB -825,104. 5. Revenue is primarily derived from transaction commissions on successful property sales, emphasizing a performance-based model that enhances its operational sustainability. Baania plans to leverage the THB 100 million raised in May 2018 to develop new products, which will enhance user experiences and service offerings.

The company aims to expand its presence in additional regions of Thailand and potentially explore markets in Southeast Asia by 2025. These initiatives are expected to enhance their technological infrastructure and improve customer interaction, solidifying their position in the real estate market.