Acquisition · Professional & Local Services
Aurum PropTech buys Housing.com parent for ₹458 crore
By Startup Enthusiast ·
- Date
- Company
- Aurum PropTech
- What it does
- Real estate technology platform
- Kind
- Acquisition
- Amount
- ₹458 crore
What they do
Aurum PropTech operates a platform for property discovery, transactions, financing, rentals and management
What happened
It acquired 100% of Locon Solutions, owner of Housing.com, from REA Group in an all-equity deal valued at ₹458 crore
Why it matters
The deal is among the largest in the proptech space and follows Aurum's earlier acquisitions of PropTiger and NestAway
The details
- Aurum PropTech has acquired 100% of Locon Solutions, the parent company of Housing.com, from REA Group.
- The deal is an all-equity transaction with an enterprise value of ₹458 crore.
- Aurum issued 1.98 crore of its equity shares to REA India at ₹231.42 per share as consideration.
- Post-deal, REA India's stake in Aurum PropTech rises from 5.54% to 24.9%.
- Aurum PropTech also approved 51 lakh fully convertible warrants to promoter Aurum RealEstate Developers at ₹231.42 each, aggregating up to ₹118 crore.
- The promoter group's holding post-warrants will be 41.17% on a fully diluted basis.
- This acquisition follows Aurum's earlier purchases of PropTiger (Sep 2025) and NestAway (Jun 2023).
The bigger picture
- The deal is described as among the biggest in the proptech space.
- Housing.com was founded in 2012 and has been a major property listings platform.
- Aurum has been actively acquiring real estate tech companies, including PropTiger and NestAway.
About the business
- Aurum PropTech runs a platform that covers property discovery, transactions, financing, rentals and management across the real estate life cycle.
- Housing.com is an online real estate marketplace offering property listings, digital ads, lead generation, content, home loan brokerage and visualization products.
- Locon Solutions reported unaudited revenue of ₹309.9 crore in FY26.
- Its turnover was ₹687.5 crore in FY25 and ₹447.5 crore in FY24.
The deal
- Type
- acquisition
Investors
- REA Group (seller) — REA Group is an Australian digital real estate advertising company. It sold its stake in Locon Solutions to Aurum PropTech.
Founders
- Ashish Deora, Founder and CEO of Aurum Ventures
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