Aurum PropTech has received an approval for the acquisition of 100% shareholding in HelloWorld Technologies India for a consideration of Rs 38 crore (HelloWorld), a co-living company. HelloWorld is one of the largest co-living companies in India. HelloWorld provides the most comprehensive rental solution for owners and tenants. It has presence in 16 cities across the country with a 100 plus people team engaged in the co-living business.
With HelloWorld Technologies, Aurum PropTech’s Ecosystem caters to the consumer’s need at the beginning of their real estate consumption cycle. Student housing and Co-living demography is between 16 to 30 years representing Millennials and Gen Z. Social behaviour and consumption pattern of this demography requires a more flexible and mobile real estate solution. The Board of Directors of the company at its meeting held on March 23, 2022, 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.
| Company Name | CMP |
|---|---|
| TCS | 2577.60 |
| Infosys | 1312.70 |
| HCL Tech. | 1443.00 |
| Wipro | 204.35 |
| Tech Mahindra | 1513.00 |
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