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§ Private Profile · Bengaluru, Karnataka, India
World's first digital real estate exchange, tokenizing fractional ownership of income-generating properties for retail investors.
Based in Bangalore, India, Alt DRX operates a digital real estate exchange that enables fractional ownership of residential and commercial properties through blockchain tokenization. Founded in 2021 by Anand Narayanan and Avinash Rao, the proptech platform dematerializes physical assets into traceable digital tokens, allowing retail investors and HNIs to buy and trade economic interests in rental properties. The company operates with 45 employees and has secured $3.6 million in seed funding, while recently doubling its annual revenue to 12 crore rupees. Alt DRX has partnered with the Kolte Patil Family Office to develop income-generating assets and is backed by investors including Holani Consultants, TradeCred, and professionals from EY and HSBC. Furthermore, the organization is actively participating in regulatory sandboxes within GIFT City and the Kota Financial Center as it expands its alternative investment marketplace.
Alt DRX has raised $72.3M across 3 funding rounds.
Alt DRX has raised $72.3M in total across 3 funding rounds.
Alt DRX has raised $72.3M in total across 3 funding rounds.
Alt DRX's investors include Nila Spaces, Harsha Bhogle, Parthasarathy N.S., Richard Rekhy, Brand Capital, Hindustan Media Ventures, nX Capital, Qatar Development Bank, We Founder Circle, Zee Group.
Alt DRX has raised $72.3M across 3 funding rounds. Most recently, it raised $66.0M Other Equity in February 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 5, 2026 | $66M Venture Round | Nila Spaces | — | Announced |
| May 12, 2025 | $2.7M Seed Plus | — | Harsha Bhogle, Parthasarathy N.s., Richard Rekhy, Brand Capital, Hindustan Media Ventures, NX Capital, Qatar Development Bank, WE Founder Circle, ZEE Group | Announced |
| Mar 23, 2023 | $3.6M Debt Financing | — | — | Announced |