PE-VC Fund Investments
Fractional realty startup Alt DRX attracts Rs.6-Cr
Bengaluru-based digital real estate investment platform Alt DRX has attracted INR 6 crore from Ahmedabad-based real estate developer Nila Spaces (which has acquired an approximately 1.4% stake) as well as other institutional and family office investors.Founded in 2021 by Anand Narayanan KB, Alt DRX is a fintech + prop-tech startup that enables fractional ownership of residential real estate, allowing users to buy and sell property starting from as little as one square foot, offering rental income and potential capital appreciation.
In May 2025, Alt DRX had attracted about USD 2.7 M from Qatar Development Bank, Harsha Bhogle, NS Parthasarathy, Richard Rekhy, We Founder Circle and nX Capital.For FY24, Alt DRX had reported about INR 6 Cr in Operating Income and about INR 1 Cr in Net Loss.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
