Biography of Aryaman Vir: Founder and CEO of Aurum WiseX- Indian Entrepreneur
Journey of Aryaman Vir: Leading Innovation in Digital Investments
Aryaman Vir, CEO of Aurum WiseX, is a forward-thinking
leader spearheading the development of cutting-edge digital investment
platforms. He plays a crucial role in building and scaling YieldWiseX, formerly
known as MYRE Capital, which has become India’s largest Neo Realty platform.
YieldWiseX, under Aryaman’s leadership, has made significant strides in
democratizing investments in Commercial Real Estate, successfully managing
investments worth over 275 Crores within just three years.
Educational Background and Expertise
Aryaman’s strong educational background includes a
Bachelor's degree in Networked and Social Systems Engineering and a Master's
degree in Systems Engineering from the University of Pennsylvania. His
combination of engineering knowledge with a passion for algorithms and big data
analytics enables him to develop sophisticated models for real estate
investments. Aryaman’s expertise lies in applying advanced data analysis
techniques to identify trends and anomalies in the real estate sector,
providing valuable insights for secure and profitable investment opportunities.
Academic Achievements and Professional Experience
Aryaman’s academic excellence is highlighted by his receipt
of the prestigious Cwikla Award for his contributions to the School of
Engineering and Applied Sciences. His research on green growth and urban
development, conducted in collaboration with Nobel laureate R.K. Pachauri, was
presented at the 2nd Pacific Rim Energy & Sustainability Conference in
Hiroshima. His professional journey includes notable roles at Softbank, Moelis,
and Anarock, where he gained valuable insights into finance and real estate.
Investment Banking and Early Roles
Aryaman’s career also includes experience at Moelis &
Company, where he worked from June 2016 to May 2017. His responsibilities
included valuing airport assets and performing competitive analyses for the
electricity sector in Punjab. Earlier, he was at Snapdeal, where he focused on
customer acquisition and retention, using data-driven analysis to reduce churn
and improve retention strategies.
Experience in Technology and Venture Capital
Before WiseX, Aryaman worked as a Full-Stack Developer at
ANAROCK from May to December 2018. There, he contributed to the development and
integration of a B2B solution aimed at scaling the real estate sector. Prior to
ANAROCK, he was at SoftBank Group from June 2017 to March 2018, where he
researched the cryptocurrency market, developed investment theses, and built
financial models. His role also involved evaluating potential acquisitions and
mergers, including a space exploration start-up and aerospace companies.
Biography of Aryaman Vir: Founder & CEO of Aurum WiseX-Indian Entrepreneur/ Invstor/Success story of Aryaman Vir/WiseX/Startup/Life story of Aryaman V
Leading the Charge at WiseX
Aryaman Vir is the Founder and CEO of WiseX, formerly known
as MYRE Capital, which he launched in June 2020. WiseX stands out as India's
first tech-powered neo-realty investment platform, offering fractional
ownership in commercial real estate and structured debt investments. The
platform democratizes access to high-quality investment opportunities using
advanced technology solutions, including Lease Rental Discounting, Loan Against
Property, and Mortgage-Backed Securities. WiseX also features a Portfolio
Management Services product developed in collaboration with Integrow AMC.
Innovative Lease Rental Discounting Framework
YieldWiseX has capitalized on the growing demand for Lease
Rental Discounting (LRD) by creating a unique framework in collaboration with
managed leasing companies. This framework allows businesses and individuals to
access funds based on rental income from their properties without needing to
sell or alter existing tenancy arrangements. The process involves assessing the
property’s location, the profile of its founders and tenants, and the expected
rental income to approve loans that provide immediate liquidity. This liquidity
can be utilized for various purposes, including asset acquisition, working
capital, cash flow management, and business expansion.
Successful Deals and Investment Opportunities
In FY23/CY23, YieldWiseX’s LRD Framework proved to be highly
successful. The platform completed several significant deals, showcasing its
efficiency and appeal to investors. Notable transactions include the Skootr LRD
deal, valued at INR 20.45 crore, which was executed in less than 25 working
days, and the Attic Series A and B rounds, worth INR 27 crore, completed in 14
and 6 days, respectively. These deals allowed investors to benefit from rental
income while supporting the growth of managed leasing players like Skootr and
Attic.
Future Prospects and Expansion
Aryaman Vir and his team at Aurum WiseX are committed to
further advancing their digital investment platforms and expanding their reach.
The success of the LRD framework and the high demand for such investment
opportunities reflect the platform’s potential for future growth. By continuing
to innovate and adapt to market trends, Aryaman aims to strengthen YieldWiseX’s
position as a leading player in the real estate investment sector.
Outlook for Commercial Real Estate
Aryaman Vir's outlook on the future of commercial real
estate emphasizes the importance of integrating advanced technologies and
sustainability practices. The focus on data-driven insights and strategic
partnerships reflects a broader shift towards more responsive and responsible
industry practices. As Aurum WiseX moves forward, it aims to capitalize on
these trends to drive growth and innovation in the real estate investment
space.
Advancing Real Estate Investment
Under Aryaman's leadership, WiseX, formerly MYRE Capital, has
revolutionized commercial real estate investments in India. The platform's
success is driven by advanced data analytics and a strategic approach to
identifying trends and anomalies in the real estate market. Aryaman’s vision
for WiseX includes continuing to innovate and expand the platform’s
capabilities to meet the growing demand for secure and profitable real estate
investments.
Recognition and Awards
Aryaman’s achievements extend beyond his professional roles,
as he has been recognized in Forbes 30 Under 30 Asia for his contributions to
the field. His work with leading figures in environmental research and his
scholarly achievements underscore his commitment to integrating sustainability and
innovation in his ventures.
Future Goals and Vision
Aryaman’s future plans for WiseX involve leveraging his
expertise in technology and finance to further enhance the platform’s
offerings. By continuing to focus on data-driven insights and sustainable
practices, Aryaman aims to drive the growth and success of WiseX in the
competitive real estate investment landscape.
A timeline for Aryaman Vir’s career and WiseX’s development:
June 2016-May 2017: Works at Moelis & Company, focusing
on asset valuation and competitive analyses.
June 2017-Mar 2018: Researches the cryptocurrency market at
SoftBank Group and evaluates potential acquisitions.
May-Dec 2018: Serves as a Full-Stack Developer at ANAROCK,
contributing to B2B solutions in real estate.
June 2020: Founds WiseX, formerly MYRE Capital, India’s
largest neo-realty platform.
FY23/CY23: YieldWiseX completes major deals, including
Skootr LRD deal worth INR 20.45 crore and Attic Series A and B rounds worth INR
27 crore.
2024 and Beyond: Focuses on expanding WiseX's digital
investment platforms and integrating advanced technologies and sustainability
practices.
