
Introduction
Ashish Deora, a first-generation entrepreneur, found Aurum Ventures in 1996 at age 21 and passionately leads Aurum as CEO to date.
Ashish's two decades of experience, ranging from mining to telecom, has shown an exceptional leadership record and an innovative disruption mindset.
As a proud alumnus of Harvard Business School, Ashish always attempts to root the coveted Case Study method from HBS in his company culture and team upskilling.
His proven track record of investments in businesses across APAC, Africa, and South America and successful exits to global capital allocators exhibits his visionary and forward-thinking approach.
Time and time again, Ashish has had a keen eye for futuristic businesses in growth-led and data-centric sectors. He firmly believes that the next decade belongs to the entrepreneurs of India.
What Keeps Me Going
Entrepreneurship
"The relentless pursuit of opportunity without resources currently controlled is the cornerstone of a true entrepreneur."
- HBS, 2011.
Innovation
"Innovation distinguishes between a leader and a follower."
- Steve Jobs
Real Estate and PropTech
"It is something that cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world."
- Franklin D. Roosevelt
Sustainability
"We do not inherit the Earth from our ancestors; we borrow it from our children."
- Native Proverb
Philanthropy
"The best way to find yourself is to lose yourself in service of others."
- Mahatma Gandhi
Entrepreneurship
Innovation
Real Estate and PropTech
Sustainability
Philanthrophy
About Ashish Deora
Ashish Deora is a serial entrepreneur who has built businesses in multiple sectors. Telecom, aviation, mining, real estate, and PropTech are just a couple of many industries where Ashish has created value. He has a rare ability to identify opportunities and alleviate risk.
He has mastered the insight to price the risk and build businesses to an exponential value.
He is a voracious reader and has read it all from Vivekanand to Bezos. His current favourite is 'Principles by Ray Dalio'.
On Sundays, he likes to spend time with his son and daughter.
He is a keen observer and likes to learn from each culture on his travel sojourns.
He lives by the principal in the Bhagwad Gita. In Chapter 2, Verse 47 says, "Focus on your action, not on the results."
The Journey
Evolution
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Telecom
1999In 1999, Ashish found IOL Telecom, the first company to develop and sell optic fiber in Mumbai. Airtel, Reliance Infocomm, and Power Grid Corporation of India were just some of this cutting-edge technology's consumers.
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Video on Demand
2003In 2003, Ashish pioneered a futuristic video on demand and IPTV venture.
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Aviation
2006In 2006, he invested in SpiceJet, a budget airline at the top of the industry today.
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Automotive Components
2007In 2007, Ashish invested in Argentum Motors, the parent company of the then prevalent Daewoo Motors in India.
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Residential Real Estate
2009In the early stages of 2009, the strong real estate leg of Aurum started with 7 Marine Drive (7MD), an ultra-luxurious residential skyscraper in the heart of South Mumbai. Ashish's ability to connect macroeconomic principles of business to the consumer's microeconomic needs resulted in 7MD being a runaway success.
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Renewable Energy
2011Later in 2009, Aurum co-incubated Renew Power, now the largest renewable energy IPP in India.
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Mining and Exploration
2012In 2012, Aurum got into junior mining, exploring the African continent searching for gold and coal.
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Real Estate
2014In 2014, Aurum acquired seven million square feet of a mixed-use project in Navi Mumbai from CapitaLand.
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Commercial Real Estate
2015In 2015, Aurum launched top-tier commercial office spaces in Aurum Q Parc on Thane Belapur Road.
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Residential Real Estate
2016In 2016, in Q Parc, Aurum launched Aurum Q Residences, a premium, luxurious brand of residential skyscrapers. To date, Q Residences hold the highest market share in Navi Mumbai.
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Commercial Real Estate
2018In 2018, Aurum delivered the first pre-certified LEED Platinum office buildings 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 Crores.
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Residential Real Estate
2020In 2020, in Q Parc, Aurum launched Aurum Q Islands, residential, urban, and high-tech skyscrapers. Q Islands cuts commute times majorly by allowing a walk-to-work culture for residents who work at offices in and around the campus.
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PropTech
2021Acquired control of Majesco Limited, which is now Aurum PropTech Limited.
Get in Touch
visit us
Our Location
Aurum House, Aurum Q Parc',
Thane Belapur Road, Ghansoli, Navi Mumbai - 400710.
Maharashtra. India.