Alt DRX Raises $2.7M Funding to Revolutionize Proptech
Deal News | May 08, 2025 | Aim Group
Alt DRX, a prominent proptech company based in India, has successfully raised INR230 million, equivalent to $2.7 million USD, for enhancing its capabilities in the real estate tokenization sector. This funding injection underscores the growing investor confidence in digital transformation within property sectors, aiding Alt DRX to potentially expand its innovative solutions across broader markets. Proptech, emphasizing the convergence of real estate and technology, continues to gain traction as players like Alt DRX develop cutting-edge solutions to streamline investment and asset management through tokenization. This move is anticipated to embolden further advancements in the industry, enabling new opportunities for property trade and investment.
Sectors
- Proptech
- Real Estate
- Financial Services
Geography
- India – Alt DRX is an India-based company, suggesting the geographical focus of their operations and market influence.
Industry
- Proptech – The article discusses Alt DRX, a company operating in the proptech industry, which focuses on the intersection of property and technology, particularly in tokenization.
- Real Estate – Alt DRX's operations are centered around real estate, especially in how tokenization can transform property investment and management.
- Financial Services – The firm's use of tokenization involves the application of financial services and technology in real estate transactions.
Financials
- $2.7 million – The amount raised by Alt DRX in their latest funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Alt DRX | Target Company | Company | An India-based proptech company focusing on property tokenization. |