Aurum has been investing and actively managing their investments since 1996
The Aurum journey of investment management can be inferred from the following phases:
Entrepreneurship with symbolic Capital
1996-2006Entrepreneurship compounded with Capital
2006-2016Capital compounded with Team & Entrepreneurship
2016 onwards
As a Special Situations value investor, we have invested in Telecom, Aviation, Renewable Energy and Junior Mining in the past. Aurum specializes in investing in businesses that face the need for a structured and significant change.
When it comes to valuations and possible value additions, we always display an out-of-the-box thinking and approach.
Real Estate in India is in the midst of a transformation due to the sincere and proactive intent of the Central and State governments. This is resulting to the increasing market share of the organized players. Our Aurum team of investment experts constantly lookout for untapped value in special situation Real Estate development and PropTech products.
We have a focused approach to explore bold opportunities to which we can bring financial discipline and achieve the best possible returns through successful and quick turnarounds. We believe that efficient capital with an empowered management team is the ingredient for compounded value creation.
We facilitate capital led resolutions in real estate businesses providing debt and equity. We fix the capital structure of the projects by comprehensive financing solutions and pricing risk, complete the project construction, lend our brand name and eventually monetize the project through tech-led marketing and sales.
Aurum forays into Real Estate Development.
Aurum acquired seven million sq. ft. of a mixed-use project in Navi Mumbai from CapitaLand.
Aurum launched the largest planned walk to work campus in the IT hub of Navi Mumbai.
Aurum sold 1.4 million sq. ft. of commercial space to CapitaLand for INR 930 crore.
Aurum delivered LEED Platinum Commercial Buildings “Q1” and “Q2”, first in Navi Mumbai.
Aurum acquired 14% stake in Shriram Properties from Walton St. Capital and Starwood Capital Group for INR 135 crore.
Aurum forayed into the redevelopment vertical with the acquisition of a residential society, Girnar (now Aurum Helios) in South Mumbai.
Our real estate debt and equity business provides creative and comprehensive financing solutions across the capital structure and risk spectrum. Special Situation Real Estate and PropTech companies are also the focus of the investment management team.
Our in-house capabilities to design and develop, to sell and lease, to manage corporate and individual customer relations and to manage properties, enables the investment team to drive higher returns than industry benchmarks.
To enhance efficiency and experience in the Real Estate sector, it has been our core strategy since 2020 to bring digital transformation in the real estate sector. Aurum PropTech, a subsidiary of Aurum Ventures is creating a tech-led PropTech Ecosystem covering Customer Digital Journey, Property and Asset Management, Development, Investment and Financing of Assets.
Since 2021, through our listed company Aurum PropTech, we have been continuously committing capital and have acquired 7 PropTech startups either through 100% acquisitions or through majority stake purchases.
Strategic investment of 51% in K2V2 Technologies for INR 40 crore.
Acquisition of 49% shareholding in Integrow Asset Management for INR 125 crore.
Infusion of debt and equity in Monk Tech Labs totaling to INR 41 crore.
Acquired 100% shareholding in HelloWorld Technologies for a consideration of INR 38 crore.
Acquired 100% shareholding in CareerSocially, a data analytics company for a consideration of INR 24 crore.
Acquired MYRE Capital’s platform and launched Aurum WiseX.
Acquired 100% shareholding in NestAway Technologies for INR 170 crore.