Aurum PropTech Limited has acquired 100% ownership of real estate platform PropTiger.com in an equity swap deal valued at ₹86.45 crore. As part of the transaction, Aurum will issue approximately 4.24 million shares to REA India, the previous owner of PropTiger.
This strategic move brings PropTiger under the broader Aurum ecosystem, which includes digital platforms like Sell.Do and NestAway. The acquisition is expected to support Aurum’s aim of building integrated, AI-powered real estate sales and distribution solutions.
Following the deal, PropTiger will continue to operate under the leadership of CEO Prakash Tejwani. The integration is likely to streamline operations and expand Aurum’s digital reach across the property technology segment.
—----------------------
If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.
Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.
By Proptechbuzz
By Ravi Kumar