Aurum Proptech Ltd, formerly Majesco Ltd, is a technology-driven real estate company founded by Ashish Deora. It specializes in the development of Grade-A real estate spaces, including integrated townships, IT Special Economic Zones, and residential and retail properties in the Mumbai Metropolitan Region. Notable projects include Aurum Q Parc, a premium office destination in Navi Mumbai. In line with its strategy to integrate technology into real estate, Aurum acquired a 51% stake in Pune-based PropTech firm K2V2, enhancing its capabilities in real estate technology solutions and digital marketing services.
Additionally, Aurum's US-based subsidiary, Majesco, acquired InsPro Technologies Corporation, a leader in life and annuity insurance software, but later sold its InsurTech business to Thoma Bravo. Following a share purchase agreement, Aurum Group took control of Majesco Limited, previously listed on Nasdaq, after its US subsidiary was sold for USD 729 million. The company emphasizes digital transformation and a PropTech ecosystem covering aspects like property management and asset investment.
