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Industry Vertical
Asset Tokenization (Real Estate)
Founder(s)/CEO
Anand Narayanan KB, Avinash Rao
Date of Establishment
4/21/2021
HQ
Bengaluru, Karnataka, India
Company Background

Alt DRX is a Real Estate Exchange that enables people to buy & sell real estate. Alt DRX has created a unique Digital Contract that captures the economic value of 1 SQFT of an underlying Property and further built a stock exchange like tech platform, where these digital assets can be listed, bought, held in custody, traded at real-time ML algorithm determined prices and settled instantaneously in Fiat amongst KYC whitelisted users of the platform. A proprietary zero trust architecture using IPFS Blockchain protocol, further secures the Digital Assets’ custodial ledgers of the Platform.

Key Investors and Funding Raised
> Pre-Seed (Dec 2021) ~ Rs 7 Cs & Seed (Oct 2022) ~ Rs 5 Crs, raised at post money valuation of INR 140 crs
> Rs 2 Crs in JV Advisory Platform (Mar 2023) + Rs 15 crs as a callable mezz debt undrawn line
> Investor Profile: Tier 1 Law firm, family offices, Partners from Big 4, startup founders & technocrats