Founded in 2021 by Anand Narayanan KB, Alt DRX operates at the intersection of prop-tech and blockchain, offering fractional ownership of real-estate assets through digital tokens recorded on Ripple’s XRPL. The platform allows retail investors to purchase property starting at a single square foot, opening access to an asset class traditionally limited to large buyers. Token holders receive two income streams: monthly rental payouts and long-term capital appreciation when the underlying asset gains value. Alt DRX emphasizes institutional-grade governance and regulatory compliance to build investor confidence. The company is positioning itself as infrastructure for developers looking to digitize their inventory, exemplified by its new partnership with Nila Spaces. Leveraging this collaboration, Alt DRX aims to scale its marketplace and improve liquidity across India’s residential sector. No operating metrics such as revenue or user count were disclosed in the article.

Total raised

$7M

Funding rounds

4

Latest round

Equity

Latest activity

Feb 2026