Aurum, a leading real estate company, has recently acquired NestAway, a popular home rental startup. The acquisition is a strategic move by Aurum to expand its presence in the rental market and offer a wider range of services to its customers.
NestAway, founded in 2015, has quickly become a popular choice for millennials and young professionals looking for affordable and hassle-free rental options. The platform offers fully furnished homes and apartments on rent with easy online booking and payment processes.
With the acquisition, Aurum aims to leverage NestAway’s technology and expertise to enhance its rental services. The move also aligns with Aurum’s vision of providing affordable and sustainable housing solutions to its customers.
The terms of the deal have not been disclosed by either party, but it is expected to be a significant investment by Aurum. The acquisition is a win-win for both companies, as NestAway will benefit from Aurum’s resources and reach, while Aurum will gain access to NestAway’s innovative rental solutions.
Overall, this acquisition marks a significant milestone for both Aurum and NestAway and is expected to bring about positive changes in the rental market.