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Created: 2025-07-23 09:39:39 UTC
𝗔𝘂𝗿𝘂𝗺 𝗣𝗿𝗼𝗽𝗧𝗲𝗰𝗵 𝘁𝗼 𝗔𝗰𝗾𝘂𝗶𝗿𝗲 𝗣𝗿𝗼𝗽𝗧𝗶𝗴𝗲𝗿 🏡 Aurum PropTech has approved the acquisition of PropTiger from REA India through an all-stock deal. REA India will become a XXX% equity shareholder in Aurum PropTech as a result of this strategic equity swap. The deal aims to build a comprehensive PropTech ecosystem. 🤝
𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: ▪ Aurum PropTech will acquire XXX% stake in PropTiger. ▪ REA India will be allotted XXXXXXXXX equity shares of Aurum through a preferential allotment. ▪ PropTiger recorded a XX% CAGR over FY22-FY24. ▪ FY24 revenue at ₹955 million. ▪ Prakash Tejwani appointed as CEO of PropTiger. ▪ Sridhar Srinivasan will be elevated as the Chief Business Officer at PropTiger over the next XX to XX months.
𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗙𝗶𝘁 & 𝗦𝘆𝗻𝗲𝗿𝗴𝗶𝗲𝘀: ▪ PropTiger will integrate with Aurum's ecosystem, complementing NestAway, and Aurum Analytica. ▪ Enhanced technology enablement through unified AI and data infrastructure. ▪ Smarter tools such as virtual property tours, investment dashboards, and matchmaking analytics.
𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗳𝗼𝗿 𝗦𝘁𝗮𝗸𝗲𝗵𝗼𝗹𝗱𝗲𝗿𝘀: ▪ 𝗛𝗼𝗺𝗲𝗯𝘂𝘆𝗲𝗿𝘀 & 𝗦𝗲𝗹𝗹𝗲𝗿𝘀: Richer discovery tools, unified digital + on-ground advisory, and faster, tech-enabled transactions. ▪ 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗲𝗿𝘀 & 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀: Access to end-to-end marketing and sales support, scalable tools such as CRM, lead intelligence, and transaction management, and platform-led visibility across Aurums’ ecosystem.
📊 AURUM PROPTECH LTD | 🏷️ Press Release / Media Release
🌐 Details:
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