Bangalore, May 31, 2023: YieldWiseX has announced the appointment of Sangeeta Shah as the Vice President of Legal and Compliance. The appointment is in line with the company’s vision to build cutting-edge PropTech investment platforms and further strengthen its senior leadership team. Having worked with brands such as Policybazaar.com, Cardekho.com, and A2Z group, Sangeeta is a seasoned Company Secretary with over 10 years of experience.
Sangeeta has a strong hold on fundraising, managing IRDA, DOT, MCA, SEBI, Stock Exchanges and RBI compliance matters, and obtaining various licenses and approvals required for several business models. She has expertise in offering legal advice, corporate advisory, working on private equity deals, and more. Her expertise will aid Aurum WiseX in scaling its products and offerings.
Aurum WiseX aims to build and run global Neo-Realty platforms for the digital age. Under Aurum WiseX, the first platform is ‘YieldWiseX’, offering differentiated curated investment opportunities that have a favorable risk-return proposition for global investors. Currently, YieldWiseX has facilitated over Rs.275+ Crore of investments with fractional ownership products across Delhi-NCR, Bangalore, Mumbai, and Pune along with structured debt investment offerings.
Mr. Aryaman Vir, CEO, Aurum WiseX said, “We are pleased to welcome Sangeeta as an able leader in the legal space. We are enthusiastic about leveraging her expertise on the investments due diligence and licenses front to expand our product offerings in the neo-realty sector. India’s real estate sector is promising and we have witnessed immense interest from emerging high-net-worth individuals (HNIs) and accredited investors in curated alternative investments in the real estate sector. The PropTech sector is poised for growth and we believe the new SEBI consultation paper on fractional ownership is an opportunity to enhance the overall investor and stakeholder proposition. At Aurum WiseX we are committed to achieving our vision to build and scale the largest global neo-realty investment platforms from India on the pillars of governance, transparency, and performance. With Sangeeta’s addition to our team, we are well-positioned to achieve the vision and set higher global benchmarks.”
On her appointment, Ms. Sangeeta Shah, VP, Legal and Compliance, YieldWiseX said, “Aurum WiseX is a leading player in the neo-realty investment market, offering innovative investment frameworks through cutting-edge tech driven platforms and solutions. I am excited to join YieldWiseX, an innovative ecosystem and set up robust internal and external legal and compliance frameworks to facilitate the same. The new SEBI consultation paper on fractional ownership has the potential to reshape and redefine investment markets in the real estate sector, enhance accessibility, and introduce a stronger value proposition for investors. The PropTech sector in India is promising, and I am thankful to the Aurum WiseX team for entrusting me with the responsibility to ensure universal access to investments within a framework of compliance.”
