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The Executive Investment Committee meeting of Aurum PropTech Ltd held on 01st June 2023, has approved the acquisition of upto 100% Share Capital of NestAway Technologies Pvt Ltd for a cash consideration of upto INR 90 crores. ....
Ratan Tata-backed proptech startup NestAway Technologies Pvt. has been acquired by listed firm Aurum Proptech Ltd. with a 95% cut in the former's pre-Covid valuation.
Aurum said it has acquired NestAway for about Rs 90 crore, according to an exchange filing. That's a steep decline from its Rs 1,800 crore, or $220 million, valuation in 2019. ....
Get latest articles and stories on Latest News at LatestLY. Aurum PropTech on Friday said it will acquire up to 100 per cent stake in home rental platform NestAway Technologies for a cash consideration of up to Rs 90 crore. Latest News | Aurum PropTech to Fully Acquire Home Rental Platform NestAway for Rs 90 Cr. ....