Aurum PropTech reports a **57% revenue increase** in Q2 2027, driven by ongoing integration with **REA India**. The company also records its first **net profit** for the quarter, marking a financial milestone.
REA Group has sold a portion of its India subsidiary, REA India, to Aurum Proptech. The transaction marks a strategic shift in REA Group’s regional operations, focusing on its core markets. The deal is set to finalize in early 2024, pending regulatory approvals.
REA India reports a **21% revenue increase** to **Rs 238 crore** for the period from **July to December 2023**, according to its CEO. The company, a subsidiary of global real estate platform REA Group, operates India’s largest online real estate marketplace. Growth reflects expanding user adoption and market penetration in the country’s property sector.
REA India reports a 46% revenue increase to over ₹430 crore. The company, which owns Housing.com, expands its digital real estate platform operations in India. Financial growth reflects rising user engagement and market penetration in the online property sector.