Aurum PropTech acquires MYRE Capital’s platform
Technology

Aurum PropTech acquires MYRE Capital’s platform

Aurum PropTech acquired MYRE Capital's assets and technology platform and launched Aurum WiseX, a digital distribution vertical for real estate investments. Aryaman Vir, former Founder and CEO of MYRE Capital, has been appointed as the CEO of Aurum WiseX.

The new platform will leverage technology to provide risk-adjusted institutional-grade investment products to its rapidly growing customer base.

"Setting up Aurum WiseX is a key step towards strengthening our Capital cluster under Aurum's flourishing PropTech ecosystem," said Ramashrya Yadav, Director of Aurum PropTech and Founder of Integrow Asset Management. We've always wanted to harness the power of technology in the real estate sector, and the investment space provides a great opportunity to do so. India has the world's fastest-growing economy. We believe there will be a surge in interest in real estate investing. The Aurum WiseX platforms and incoming team led by Aryaman Vir are poised to capitalize on this demand by leveraging technology." 

The first platform under Aurum WiseX will be 'YieldWiseX,' which will provide commercial real estate and lease rental discounting structured debt and other innovative frameworks to its customers. The existing MYRE Capital team, technology stack, customers, and partners will be migrated to the new vertical, Aurum WiseX, as planned. "We are delighted to begin our new journey with Aurum PropTech, and the strategic transaction marks a critical step towards scaling our vision and platforms," said Aryaman Vir, CEO of Aurum WiseX. This will be an excellent opportunity for both organizations to leverage their combined strengths and expertise. Our goal with 'Aurum WiseX' is to become a global leader in commercial real estate and alternative investments. We intend to offer high-yield investment opportunities through our tech-enabled platform, YieldWiseX, with a focus on value creation, innovation, and expansion." 

For more than Rs 61 crore, the company recently acquired Goldman Sachs-backed Nestaway's co-living subsidiary HelloWorld Technologies India and estate data analytics company CareerSocially.

Aurum PropTech acquired MYRE Capital's assets and technology platform and launched Aurum WiseX, a digital distribution vertical for real estate investments. Aryaman Vir, former Founder and CEO of MYRE Capital, has been appointed as the CEO of Aurum WiseX.The new platform will leverage technology to provide risk-adjusted institutional-grade investment products to its rapidly growing customer base.Setting up Aurum WiseX is a key step towards strengthening our Capital cluster under Aurum's flourishing PropTech ecosystem, said Ramashrya Yadav, Director of Aurum PropTech and Founder of Integrow Asset Management. We've always wanted to harness the power of technology in the real estate sector, and the investment space provides a great opportunity to do so. India has the world's fastest-growing economy. We believe there will be a surge in interest in real estate investing. The Aurum WiseX platforms and incoming team led by Aryaman Vir are poised to capitalize on this demand by leveraging technology. The first platform under Aurum WiseX will be 'YieldWiseX,' which will provide commercial real estate and lease rental discounting structured debt and other innovative frameworks to its customers. The existing MYRE Capital team, technology stack, customers, and partners will be migrated to the new vertical, Aurum WiseX, as planned. We are delighted to begin our new journey with Aurum PropTech, and the strategic transaction marks a critical step towards scaling our vision and platforms, said Aryaman Vir, CEO of Aurum WiseX. This will be an excellent opportunity for both organizations to leverage their combined strengths and expertise. Our goal with 'Aurum WiseX' is to become a global leader in commercial real estate and alternative investments. We intend to offer high-yield investment opportunities through our tech-enabled platform, YieldWiseX, with a focus on value creation, innovation, and expansion. For more than Rs 61 crore, the company recently acquired Goldman Sachs-backed Nestaway's co-living subsidiary HelloWorld Technologies India and estate data analytics company CareerSocially.

Next Story
Infrastructure Energy

Saudi Aramco Eyes India’s Refining Sector for Strategic Partnerships

Saudi Aramco has renewed its interest in India’s expanding refining sector, viewing it as a strategic growth opportunity. With Bharat Petroleum Corporation Ltd (BPCL) and Oil and Natural Gas Corporation (ONGC) planning new refineries, fresh investment avenues are opening up for the Middle East’s largest oil exporter. Although the company has not confirmed specific investment plans, it reiterated that India remains a priority market. Saudi Arabia was the third-largest supplier of crude oil to India in 2024, exporting 625,000 barrels per day. According to S&P Global Commodity Insights, In..

Next Story
Infrastructure Transport

Kandla Deendayal Port Handles 150 MT in FY25

The Kandla Deendayal Port Authority (KDPA) has achieved its goal of handling 150 MnT of cargo in the financial year 2024–25, marking a key operational milestone. The update was confirmed by Chairperson Sushil Kumar Singh. The final figure stood at 150.16 MnT , and Singh credited the achievement to the collaborative involvement of stakeholders, including exporters, importers, shipping and customs agents. KDPA collected suggestions from port users and swiftly implemented changes to boost productivity and efficiency, addressing operational bottlenecks within existing constraints. Singh empha..

Next Story
Infrastructure Transport

Square Port Shipyard, Damen Partner to Boost Shipbuilding in India

Square Port Shipyard, a subsidiary of Hazoor Multi Projects Limited (HMPL), has signed an agreement with Damen Technical Cooperation BV to develop its shipyard in Dabhol (Ratnagiri), Maharashtra. The partnership aims to enhance the shipyard’s capabilities to design, build, repair, and maintain ships for both domestic and international clients. Damen Technical Cooperation BV is a part of the Netherlands-based Damen Shipyards Group NV, known globally for its shipbuilding expertise and advanced maritime solutions. Company officials described the tie-up as a significant milestone towards trans..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?