Aurum PropTech Acquires Home Rental Startup NestAway for Rs. 90 Cr.

Aurum PropTech acquires home rental startup NestAway for up to INR 90 Cr ($10.93 Mn), appointing new leadership.

Jitendra Jagadev and Ismail Khan will be appointed as NestAway’s CEO and COO, respectively.

The year 2023 is expected to witness more M&A activities, particularly distressed sales.