Lex Consult, SAM act on Aurum Proptech's acquisition of PropTiger

Aurum PropTech Limited has made a share-swap transaction to acquire 100% of home brokerage platform PropTiger Marketing Services from REA India Pte. Ltd. in exchange for 5.5% shareholding in Aurum.

Lex Consult represented Aurum PropTech on this transaction.

The transaction team was led by Nidhi Khadria (Partner), with support from Mehreen Zafar (Principal Associate), Garima Agrawal (Associate) and Tejas Kandalgaonkar (Associate).

Shardul Amarchand Mangaldas & Co advised the REA Group on this transaction.

The transaction team was led by Aayush Kapoor, Partner and Manita Doshi, Partner, with support from Paavani Gupta, Senior Associate; Vaibhavi Shaunak, Senior Associate; and Kanika Mittal, Senior Associate.

The transaction team received tax advisory support from Gouri Puri, Partner.

The corporate due diligence team included Subhashini Narayanan, Senior Associate; Rishika Sharma, Associate and Divya Khanwani, Associate.

Kriti Kaushik, Partner led the employment law aspects of the diligence with support from Sanskriti Nigam, Associate; and Apoorva Murali, Partner led the intellectual property law aspects of the diligence, with support from Anshika Chadha, Associate, and Aishwarya Chaturvedi, Associate.

Aurum PropTech is a dynamic technology company reshaping the real estate sector through its comprehensive PropTech ecosystem. They specialize in software development and offer a range of services tailored for the real estate industry, aiming to create seamless interactions between real estate, people, and technology. Aurum PropTech also provides innovative tools for property valuation, including automated valuation models and property value estimators, ensuring accurate property assessments.

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