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Catcha Group

Catcha Group
Private Investment Group
Industry Media, Internet, Online Classifieds and E-Commerce
Founded 2004
Founders Patrick Grove, Ken Tsurumaru and Luke Elliott
Key people
Patrick Grove (Group CEO) and Luke Elliott
Total assets US$ 1 billion
Number of employees
1000+ (2013)
Website http://www.catchagroup.com

Catcha Group is an international Internet group founded by entrepreneur Patrick Grove. The Group controls a number of publicly listed and private media, new media, online classifieds and e-commerce businesses, and is one of the largest investors in the digital sector in emerging markets, notably ASEAN. Catcha Group and its related entities have completed over 60 investments either directly or indirectly, as sole, majority or minority shareholders.

Since inception, Catcha Group has completed a number of landmark transactions with a total of five IPOs in nine years, including the 2007 listing of iProperty Group on the Australian Securities Exchange, REV Asia Berhad (previously Catcha Media Berhad) on Bursa Malaysia in 2011, and the subsequent IPOs of iCar Asia in 2012, Ensogo (previously iBuy Group) in 2013 and Frontier Digital Ventures in 2016; all three on the Australian Securities Exchange.

Investors in Catcha Group companies include News Corporation, REA Group, Star Media Group (Malaysia), Intel Capital, Carsales.com Limited, Australian Foundation Investment Company, BlackRock, Goldman Sachs, Credit Suisse, Fidelity Funds Management and Sky PLC.

The company's portfolio of investments include:

Group CEO Patrick Grove has described Catcha Group as being akin to a venture equity firm rather than a traditional investment group. He describes it thus: "Not only do we start companies, we also invest in them and we drive them ... We call it venture equity."

Focusing on investments within the online sector, Catcha Group's strategy is to look at what works in the West and bring it to the East. In an interview with e27.co, Catcha Group's Group CEO Patrick Grove has said “We like to bet on ideas where the concept is already proven. Our only risk is execution risk, we don’t like to bet on idea risk.”


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