Led · Equity · Feb 2026

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.

Participated · Series A · Jan 2024

Settl operates a co-living platform that lets users search for and rent fully furnished apartments, individual rooms, or shared living spaces. The startup targets working professionals and runs more than 60 co-living centers across Chennai, Bengaluru, Hyderabad, and Gurugram, with a total capacity of 4,000 beds. Pricing for its accommodations ranges from Rs 12,500 to Rs 18,000 per bed. Settl was founded in 2020 by Abhishek Tripathi. In its recent pre-Series A round it raised Rs 10 crore, bringing total capital raised to about Rs 14.9 crore. The company says the proceeds will be used to invest in technology, grow the team, and support working capital.