Alt DRX’s Mission: Unlocking Real Estate for All

In a landmark development for India’s real estate and fintech sectors, Bengaluru-based Alt DRX has successfully closed its Pre-Series A funding round, raising ₹23 crore (approximately 2.7 million dollars). This significant capital infusion comes from a diverse group of prestigious global and Indian investors, including Qatar Development Bank, Times of India, Brand Capital, Hindustan Media Ventures, Zee Group, WeFounderCircle, Angel Fund, and nX Capital. The round also attracted prominent angel investors such as Harsha Bhogle, widely known as the Golden Voice of Cricket, Parthasarathy, the visionary founder of Mindtree, and Richard Rekhy, former CEO of KPMG India. This blend of institutional and individual backing not only reflects strong confidence in Alt DRX’s innovative vision, but also underscores the growing interest in digitizing real estate investments in India. Alt DRX is on a mission to democratize access to residential real estate, the world’s largest and most stable asset class, making it accessible to Middle India, a segment traditionally underserved by conventional property markets.

Redefining Real Estate Investment

Residential real estate has long been considered a safe and lucrative investment, offering strong long-term returns, protection against stock market volatility, and intrinsic value. However, high entry costs and illiquidity have kept it out of reach for many middle-income investors in India. Alt DRX is revolutionizing this space by enabling users to buy and sell tokenized residential properties one square foot at a time. This fractional ownership model is powered by cutting-edge technology, including algorithmic daily pricing, instant settlements, and blockchain-enabled transparency. By leveraging the US-based XRPL Ripple blockchain infrastructure, Alt DRX ensures that all transactions are secure, compliant with KYC regulations, and recorded on a custodial ledger that guarantees transparency and trust. This approach not only lowers barriers to entry, but also introduces liquidity and programmability to a traditionally rigid asset class, allowing investors to participate in real estate markets with unprecedented ease and confidence.

“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,” said Anand Narayanan, one of the founders of Alt DRX. “Residential real estate is entering its most profound disruption in decades-tokenized, digital, liquid, transparent, and tradeable. Alt DRX is not just innovating at the edges; we are reimagining the core of residential real estate investment for a digital-first generation.”

Riding the Tokenization Wave

The global financial landscape is witnessing a monumental shift towards tokenization of real-world assets (RWA), with real estate poised to be one of the leading asset classes to undergo this transformation. A recent report by Boston Consulting Group and Ripple estimates that the RWA tokenization market could reach a staggering 18 trillion dollars by 2033. This trend is driven by investors’ growing appetite for assets that combine the security of traditional investments with the flexibility and accessibility of digital platforms. Alt DRX is uniquely positioned to ride this wave in India, offering a platform that bridges the gap between traditional real estate and modern digital finance. By converting physical properties into tradeable digital tokens, Alt DRX empowers investors to diversify their portfolios, access new markets, and enjoy liquidity options previously unavailable in the real estate sector. This innovation is set to redefine how Indians invest in property, making real estate ownership more inclusive and dynamic.

Innovation and Global Recognition

Alt DRX’s innovative approach has not gone unnoticed on the global stage. The company is part of the International Financial Services Centre Authority (IFSCA) innovation sandbox at GIFT City in Gujarat, India’s premier financial hub designed to foster fintech innovation. Additionally, Alt DRX’s admission into the Qatar Financial Centre’s Digital Assets Lab marks a significant milestone, reflecting its ambition to build a compliant, secure, and scalable tokenized real estate marketplace that operates across borders. These affiliations not only provide Alt DRX with regulatory support and access to cutting-edge financial infrastructure, but also position it as a leader in the emerging global ecosystem of tokenized assets. By collaborating with international financial centers and leveraging blockchain technology, Alt DRX is shaping the future of real estate investment, making it more transparent, efficient, and accessible for investors worldwide.

Rapid Growth and Future Ambitions

Since its inception, Alt DRX has experienced rapid growth, currently processing around 100,000 transactions annually. This impressive run rate demonstrates a strong market demand for accessible, liquid, and digitally enabled real estate investments. With the fresh capital raised from this funding round, Alt DRX plans to accelerate customer acquisition efforts, enhance its proprietary technology stack, and expand its portfolio of tokenized residential properties across India. The company is also focused on educating and onboarding a new generation of investors who are comfortable with digital assets and looking for innovative ways to build wealth. By continuously improving user experience and expanding its offerings, Alt DRX aims to become the go-to platform for tokenized real estate investments in India and beyond.

About Alt DRX

Headquartered in Bengaluru, Alt DRX operates from key international financial centers such as GIFT City in India and the Qatar Financial Centre. The company has been recognized by HDFC Bank and HDFC Capital as one of India’s Top 10 Tech Innovators, highlighting its leadership in fintech innovation. Alt DRX’s mobile app is available on both Apple’s App Store and Google Play Store, offering investors a seamless and convenient way to participate in India’s digital real estate revolution. By combining technology, regulatory compliance, and deep market insight, Alt DRX is transforming how residential real estate is bought, sold, and owned, making it more inclusive, transparent, and efficient for millions of Indians.