Tech Company Financing Transactions
ALT DRX Funding Round
Private investors participated in a $3.6 million Seed capital raise for ALT DRX. The round was announced on 3/23/2023.
Transaction Overview
Company Name
Announced On
3/23/2023
Transaction Type
Venture Equity
Amount
$3,600,000
Round
Seed
Investors
Proceeds Purpose
ALT DRX aims to solve the problem of illiquidity in Mid-size Real Estate Assets and open the gates for capital to move into socially relevant, rent yielding real estate assets such Rental Housing, Hostels, Care Homes, Holiday Homes, Schools, Industrial Warehousing, High-Street Retail, Hotels and managed Offices.
Company Information
Company Status
Private & Independent
Industry
Real Estate
Mailing Address
Third Floor, Chinnaswamy Chambers 778/A, 10th Main Road, Sta
Bangalore, Karnataka, 560038
IN
Bangalore, Karnataka, 560038
IN
Phone
Website
Email Address
Overview
Developer of a digital platform designed to offer tradable digital assets representing the proportionate financial value of 1 square foot of real estate. The company offers safe real estate investments, professionally managed by trusted partners, enabling individuals to invest in high-quality real estate assets with as little as one square foot at a time.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Prashanth Aroor
Chief Technical Officer
Sachin Joshi
Co-Founder
Avijit Mishra
Co-Founder
Anand Narayanan
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Where The Data Comes From
Our team works diligently to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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