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Aurum Proptech gets nod to acquire 49% stake in Integrow

01 Nov 2021 Evaluate

Aurum Proptech has received an approval for the acquisition to effectively hold 49% of the fully paid up equity share capital of Integrow Asset Management (Integrow), a tech led real-estate focused asset management company for an aggregate cash consideration of upto Rs 25 crore. The investment is in line with Aurum PropTech’s strategy to create an integrated digital and technology ecosystem focused on complete value chain of Real Estate. The Board of Directors of the company at its meeting held on October 30, 2021, has approved the same.

Aurum Proptech provides information technology services. The Company offers proprietary software solutions, IT consulting, application development, systems integration, application management outsourcing, testing, data warehousing, and business intelligence services.

Peers
Company Name CMP
TCS 2496.00
Infosys 1182.00
HCL Technologies 1428.00
Wipro 198.00
Tech Mahindra 1792.20
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