Aurum Ventures is a home grown, privately held Real Estate Investment and Development company in India. Founded in 1996 and headquartered in Mumbai, Aurum Ventures focuses on all aspects of value creation in Real Estate and PropTech businesses.
Aurum is an Impact Investor with a focus on long-life, high-quality assets in special situations in India. Our investments are constructive and high value in exit-potential while being conservative in entry pricing, with each investment having a horizon of a decade.
In 2008, I ventured into real estate development with a clear mission of transforming urban landscapes. My goal has always been to create sustainable developments and communities while improving the lifestyles of those who inhabit them. Aurum Real-Estates’ expertise lies in designing, developing and operating marquee real estate projects. Our portfolio includes luxury residences, premium housing, IT-special economic zones, integrated townships, and retail developments. Our focus geographies in Mumbai Metropolitan Region are the South, Central, Western Suburbs, Navi Mumbai, and Thane. Our commercial development in Navi Mumbai was one of the first to receive a LEED Platinum certification.
With an intent to bring about a tech-led disruption in Indian Real Estate and backed by several years of Real Estate experience, I ventured into the PropTech space with our company, Aurum PropTech. As a technology company creating an Integrated PropTech ecosystem across the entire Real Estate value chain, - Aurum PropTech is developing products and solutions to bring enhanced customer experience and operational efficiencies in the sector. Our company offers 12+ PropTech products and solutions that are driven by cutting edge technologies like Artificial Intelligence, Machine Learning, Blockchain, Augmented Realty and Virtual Reality to accelerate tech adoption in the Real Estate industry.
The soulful “Journey of Giving."
My philanthropic journey dates to the year 2015, when my wife Minoo and I discussed our desire to give back to the community in whatever way we could. Our inner calling to make a difference in other people’s lives led us to this “Journey of Giving” much sooner than we had planned. We formalized our intent by registering “Aurum Foundation”, a charitable trust and thus began our soulful journey which we have been nurturing with tremendous love, patience, and tenacity. "Aurum Foundation" was renamed as “Aurum ” in 2022.
By way of introduction, I am Ashish Deora, CEO of Aurum Ventures, which I founded in 1996 at the age of 21. I have been fortunate to gain extensive experience in multiple industries, including Mining and Exploration, Aviation, Automotive Components, Renewable Energy, Telecom, Real Estate, and PropTech. This has been possible due to the overall growth that India has witnessed Specifically in the last decade.
As a first-generation entrepreneur, I am passionate about driving Aurum towards meaningful endeavours while working with an excellent team and efficient capital. As a leader, nurturing entrepreneurship, innovation, and philanthropy is a daily activity.
As an alumnus of Harvard Business School, I have sought to incorporate some of the valuable lessons, such as the ‘Case Study’ method into my company culture and team trainings.
Having been fortunate to learn from successful exits and growth opportunities both in India and overseas, I am passionate about identifying and managing businesses in growth-led and data-centric sectors.
My firm belief lies in the potential of Indian entrepreneurs to create a significant impact in the coming decade. As a serial entrepreneur, nothing excites me more than identifying contrarian opportunities in businesses and skilfully mitigating risks. A voracious reader, my inspiration spans from Vivekananda to Bezos, with my current favourite book being ‘Autobiography of a Yogi’ by Paramhansa Yogananda.
Sundays are devoted to spending quality time with Aditya and Amrita, while my travels are an opportunity to keenly observe and learn from different cultures. Living by the principle from the Bhagavad Gita, I wholeheartedly focus on actions rather than results.
First company to create optic fibre network in Mumbai.
Pioneered a futuristic video on demand and IPTV venture.
Amongst the first no frills airlines in India, SpiceJet.
Invested in manufacturing facility in Greater Noida, Daewoo Motors.
Aurum RealEstate developed an ultra-luxury residential building in South Mumbai, 7 Marine Drive.
Aurum co-founded the largest renewable energy IPP in India, ReNew Power.
Aurum invested in junior mining, exploring the African continent searching for gold and coal.
Aurum acquired seven million sq. ft. of a mixed-use project in Navi Mumbai from CapitaLand.
Aurum launched top-tier commercial office spaces in Aurum Q Parć on Thane Belapur Road.
Largest planned walk-to-work campus in the IT hub of Navi Mumbai.
Delivered the first pre-certified LEED platinum office building in Navi Mumbai. Ascendas-Singbridge, a sovereign wealth fund in Singapore bought 1.4 million square feet of commercial space in Q Parć for INR 930 crore.
Delivered LEED platinum commercial building “Q2”.
Acquired Majesco Limited, which is now Aurum PropTech Limited, a publicly traded company listed with both major exchanges. Acquired controlling stake in multiple PropTech companies.
Residential portfolio of Aurum Arts, Aurum Seven, Aurum Q Islands R4 to R7 across Mumbai Metropolitan Region is being developed. Commercial and Retail projects of Aurum Q3 and Aurum Square in Navi Mumbai is under construction.
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Aurum acquired 14% stake in Shriram Properties from Walton St. Capital and Starwood Capital Group for INR 135 crores.
2 of 4
Aurum forayed into the redevelopment vertical with the acquisition of a residential society in South Mumbai.
3 of 4
Aurum completed its residential project, Aurum Arts at South Mumbai, Worli.
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Aurum PropTech approves acquisition of up to 100% stake in Nestaway.
Autobiography of a Yogi’ inspires me to embrace Indian values and practices such as meditation, yoga, and devotion as a means to tap into the inner potential and realize my spiritual nature.
How Steve Jobs pushed for excellence in execution, even in the face of challenges and resistance in order to achieve great results. The ability to push brilliant people to do brilliant things.
‘The Snowball’ taught me that through discipline, patience, and the power of compounding, i can achieve extraordinary success in both my personal and professional lives, as exemplified by Warren Buffett’s remarkable journey.
‘The Founder’s Mentality’ inspired me to embrace the spirit of entrepreneurship, maintain a relentless focus on the customer, and stay true to my founding values and vision as i scale our businesses for sustained success.
The Everything Store’ inspired me to embrace innovation, take risks, and relentlessly focus on customer satisfaction as i pursue my entrepreneurial ambitions and build successful businesses in the digital age.
01 February, 2024
We are looking forward to progressive regulatory frameworks not only to foster investor interest in the real estate space but also to ensure investor protection, common disclosure practices, and a robust redressal mechanism.
13 September 2023
The Board of Directors of Shriram Properties Limited approved the appointment of Ashish Deora, Founder and CEO of Aurum PropTech Limited
03 June 2023
Ratan Tata-backed proptech startup NestAway Technologies Pvt. has been sold for just Rs 90 crore.
02 June 2023
The online home rental marketplace had secured a cumulative funding of $110 million at the latest valuation of $220 million in 2019, garnering investments from marquee
02 May 2023
The new platform will focus on utilising technology to offer risk-adjusted institutional-grade investment products for its rapidly growing customer segment
30 October 2022
Proptech is to real estate what fintech is to financial services and it is redefining the realestate space globally as also in india
26 May 2022
Aurum PropTech Ltd, formerly known as Majesco Ltd, as part of its continued inorganic growth strategy, has acquired Goldman Sachs-backed Nestaway’s co-living subsidiary
19 December 2021
Realty developer Aurum Ventures-controlled listed information technology company Aurum PropTech
17 December 2021
MUMBAI: Realty developer Aurum Ventures-controlled listed information technology company Aurum PropTech has approved raising up to Rs 343.56 crore through a rights issue.
14 May 2018
Ascendas India Trust has entered into a forward purchase agreement with Aurum
Service Fortnight)Aurum 
is the philanthropic arm of Aurum Ventures. Our Ikigai as a passion-driven company that is deeply followed by every member of our team is anchored by 6 core pillars – Tree Plantation, Green Design, Nutritious Meals, Safe Man Hours, Girls’ Education, and Medical Intervention. Our very first ANSF was accomplished from 17th Sept to 02nd Oct 2022 and was a very soulful and gratifying experience.
Aurum Entrepreneurs Forum is a physical forum, where founders in the Aurum PropTech Ecosystem converge every quarter. With unwavering dedication, these founders come together to foster collaboration, innovation, and the realization of a shared dream: the development of an Integrated PropTech Ecosystem that redefines the future of real estate.
Diwali pariwar milan is a yearly meet up on the occasion of Diwali where I invite the family and loved ones of all my team members to visit the campus and celebrate the joyous occasion of Diwali as one big Aurum Family.
At Aurum, we embrace a flat organizational structure, where everyone’s opinion is valued. To promote a collaborative and inclusive workplace culture, I use the Aurum Premier League (APL) to bring all team members together through various activities such as cricket, football, carrom, and more. This approach fosters teamwork, camaraderie, and healthy competition amongst the family.
To foster a positive company culture, I organize an annual bash for all my team players. This is an opportunity for us to let loose, have fun, and bond with one another outside of work. Through this event, I aim to show my appreciation for their hard work and dedication while fostering a sense of community and belonging at Aurum.
