Digital real estate platform Alt DRX raises $2.7 million in new funding round

Here’s a summary of the relevant details about Alt DRX based on the provided information:

Startup Information

• Startup Name: Alt DRX
• Focus: Tokenized digital real estate

Funding Details

• Funding Amount: Rs 23 crore ($2.7 million)
• Funding Round: Latest funding round

Investors

• Institutions:
  • Qatar Development Bank
  • WeFounder Circle Angel Fund
  • nX Capital
• Angel Investors:
  • Harsha Bhogle (Golden Voice of Cricket)
  • Parthasarathy (Mindtree founder)
  • Richard Rekhy (Former KPMG India CEO)

Founders

• Founder: Anand Narayanan

Use of Funds

• Customer acquisition
• Strengthening technology
• Corporate expenses

Additional Information

• Headquarters: Bengaluru, India
• Growth: Approximately 100,000 transactions per annum
• Affiliations:
  • Innovation sandbox of the International Financial Services Centre Authority (IFSCA) at GIFT City, Gujarat
  • Qatar Financial Centre’s Digital Assets Lab

Vision Statement

"We believe the next 100 million real estate investors will be digital-first and will invest dispassionately beyond their hometowns into the best residential cities across India and the world."

This encapsulates the key elements regarding Alt DRX’s funding, investors, founders, and their strategic vision.

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2025-05-05 07:15:00