SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Aurum PropTech gets nod to acquire additional equity shares of K2V2

13 Sep 2024 Evaluate

Aurum PropTech has received approval from board for strategic realignment of its material subsidiary K2V2 Technologies (K2V2) to enhance focus on its core technology offerings and leverage its established scale. Consequent to the same, the following transactional agreements were entered on September 12, 2024. 

The Board has approved the acquisition of additional equity shares of K2V2. After this acquisition, the Company will hold 83.6% of K2V2, up from the current 44% stake. The Company as a shareholder has also entered into Asset Purchase Agreements for the sale of business units ‘Beyond Walls’ and ‘Kylas’ of K2V2.

K2V2 is a leading PropTech business and provides enterprise tech through its flagship product Sell.do to 650+ developers. K2V2 recorded a turnover of Rs 53 crore in 2024. Sell.do offers a combination of Gen AI and CRM that enhances efficiency across functional domains of marketing, sales, commerce, service, and customer success, therefore enabling a better connection between brands and customers. It leverages technology and data to streamline property search, scheduling visits, rent payments and service requests.

This realignment is part of the strategic objective of the Company to consolidate and dominate the distribution vertical. It will create a tech-focused distribution cluster offering improved profitability and a better working capital management cycle.

The transaction is expected to be completed before September 30, 2024, contingent upon the fulfillment of certain conditions. The transaction falls within the ambit of related party transactions and is at arms’ length. None of the Company’s promoter/ promoter group/ group companies have any interest in the entities involved in the transaction. 

Aurum PropTech is Software Technology and Services company with its headquarters at Navi Mumbai, India. The company was founded in 2015 as an Insurance Tech company and was formerly known as Majesco.

Aurum Proptech Share Price

177.85 1.05 (0.59%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2581.65
Infosys 1318.60
HCL Tech. 1442.50
Wipro 204.35
Tech Mahindra 1511.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×