In a move signaling tighter risk governance as it scales its AI-powered real estate platform, Aurum PropTech Limited has appointed its Chief Financial Officer, Kunal Karan, as Chief Risk Officer, effective October 16, 2026. The appointment, announced by the board at its October 16 meeting, elevates risk oversight to sit alongside finance leadership, underscoring the group’s ambition to harmonize financial discipline with an expanding, AI-native ecosystem.
Kunal Karan is described as a Chartered Accountant and CPA with over 30 years of corporate finance experience. He has been associated with the Aurum Group since 2009 and is presently serving as the CFO of Aurum PropTech Limited. The brief profile notes his expertise in financial accounting and reporting, working capital management, taxation, financial controls, and overall financial management—the very competencies now leveraged in his expanded remit as Chief Risk Officer.
Aurum’s quarterly performance confirms the momentum behind its strategy. Q2 FY27 witnessed total income rising 57% year-on-year to ₹137 crore, with an Adjusted EBITDA margin of 11.5% and a PBT margin of 4.8%. Management highlighted the ongoing integration of Housing.com into the Aurum ecosystem and ongoing development of an AI-native real estate operating system, where AI is embedded across Discovery, Intelligence, Transactions, Financing and Living. The leadership change arrives as the company emphasizes monetization, operating efficiency, and risk-informed growth across its diversified platforms—Habits of a scaled PropTech player primed to translate data-driven insights into sustainable profitability.
Industry observers may view the appointment as a signal that Aurum intends to couple aggressive growth with disciplined governance. By placing a CFO-turned-CRO at the helm of risk, the company aims to streamline controls and risk management with its finance function, supporting a path to higher productivity and margin expansion as it expands its Housing.com integration and AI-enabled offerings.