Dai-ichi Life, Dentsu, DG Ventures, Mitsubishi Estate, Nippon Steel Kowa Real Estate, NTT Data and Watanabe Pipe were among 20 investors in a $17.7m round for the online mortgage portal.
Japan-based digital mortgage platform operator iYell secured ¥1.85bn ($17.7m) yesterday from investors including corporates Dai-ichi Life, Dentsu, Digital Garage, Mitsubishi Estate, Nippon Steel Kowa Real Estate, NTT and Watanabe Pipe.
Insurer Dai-ichi Life, real estate developers Mitsubishi Estate and Nippon Steel Kowa Real Estate, advertising agency Dentsu Group and Watanabe Pipe, the trading firm also known as Sedia System, invested directly while marketing firm Digital Garage and telecommunications firm NTT did so through their DG Ventures and NTT Data subsidiaries.
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