Alt DRX raises Rs 23 Cr from Qatar Development Bank, others

Here’s the summarized information based on the provided text:

Startup Information

• Startup: Alt DRX
• Founders: Anand Narayanan

Funding Details

• Total Funds Raised: Rs 23 crore ($2.7 million)
• Funding Series: Not explicitly mentioned (likely early stage funding)

Investors

• Institutional Investors:
  • Qatar Development Bank
  • WeFounder Circle Angel Fund
  • nX Capital
• Individual Investors:
  • Harsha Bhogle (commentator)
  • Parthasarathy (Mindtree founder)
  • Richard Rekhy (former KPMG India CEO)

Usage of Funds

• Customer acquisition
• Technology platform improvement
• Operational costs management

Date of Fundraise

• Not specified in the provided text.

This information encapsulates the key aspects of the startup’s funding round as mentioned. Let me know if you need additional details!

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2025-05-05 07:52:33