Alt Drx Private Limited logo

Alt Drx Private Limited

Digital platform for global real estate investment and exchange.
2022 | Bangalore, Karnataka (India) | Active

Last Updated:

October 26, 2024
HomeCompanyAlt Drx Private Limited

Who are the key members and board of directors at Alt Drx?

Board Members(4)

NameDesignationAppointment DateStatus
Sachin Joshi In Whole-Time Director 27-Mar-2024Current
Narayanan In Director 30-Sep-2022Current
Avinash Rao In Director 30-Sep-2022Current
Avijit Mishra Whole-Time Director Current

Financial Performance and Corporate Structure Insights of Alt Drx.

Alt Drx Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Alt Drx?

Alt Drx has a workforce of 0 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Alt Drx

Recent activity within the organization

  • Director Appointment

    Sachin Joshi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 27 Mar 2024 & has been associated with this company since 8 months 25 days .

    27 Mar 2024

  • Annual General Meeting

    Alt Drx Private Limited last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.

    29 Dec 2023

  • Balance Sheet

    Alt Drx Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Narayanan was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 2 months .

    30 Sep 2022

  • Director Appointment

    Avinash Vuntakal Rao was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 2 months .

    30 Sep 2022

  • Company Incorporation

    Alt Drx Private Limited was registered on 30 Sep 2022 with Roc Bangalore & aged 2 years 2 months as per MCA records.

    30 Sep 2022

Recent News, Updates & Announcement

  • news
  • news
    ALT DRX Worlds First Digital Real Estate Exchange raises 36 million Now Invest in Real Estate 1 SqFt at a time Technology.

    Not very long ago Shares of renowned companies meant physical pieces of paper that our elders held in their steel almirah They could be bought or sold only by getting on a phone call with our friendly neighborhood stockbroker Then dematerialisation of shares swept in stock exchanges went digital resulting in a better and stronger Capital Markets Agricultural commodities trading were once done only between farmers and middlemen in village mandis Then commodity exchanges took over and changed the world bringing in a great deal of efficiency to all stakeholders Every time we had to sell a property or rent it out or pay its bills or wonder what its current market value is havent we all wished for Real Estate transactions going digital That time has come The Global Real Estate market at US 230 trillion is larger than the combined value of Global Stocks Bonds at US 170 trillion Experts believe that the next 7 to 10 years Tokenisation of Real Estate would pave way for very large real estate exchanges to emerge across the world which in size scale and credibility would compete against the likes of NASDAQ or SGX or NSE This time around this innovation is going to be Indialed ALT DRX a funded homegrown startup from Bangalore has launched the Worlds first stock exchange like Digital Real Estate Marketplace allowing Indians to invest in dematerialised Real Estate 1 SQFT at a time ALT DRX will solve the problem of illiquidity in Midsize Real Estate Assets and possibly 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 HighStreet Retail Hotels and managed Offices ALT DRX will allow owners of these real estate assets to dematerialise their real estate ownership into Tokenised Tradeable Digital Assets ie say a 50000 sqft building being Tokenised into 50000 Tradeable Digital Assets each of which hold the economic value proportionate to 1 SQFT of the said property These tradeable digital assets can then be bought held traded at realtime prices and settled instantaneously between prequalified KYC compliant registered users of wwwAltDRXcom The platform uses a permissioned centralised blockchain based ledger protocol which restricts the transfer of these digital assets to foreigners while attempting to build user credibility by using Zero Trust Architecture said ALT DRXs CoFounder CTO Sachin Joshi The startup with an India first launch strategy has raised in a seed round US 16 mn in equity and 20 mn in callable mezz debt for coinvesting into real estate assets ALT DRX has in its seed rounds seen investor participation from one of Indias top law firm renowned family offices successful startup founders unnamed senior professionals from Development Bank of Singapore Ernst Young HSBC Volvo Salesforce amongst others The Platform has also set up an unique Development Management Company for building income generating alternate real estate assets in partnership with the Kolte Patil Family Office ALT is founded by senior professionals from Investment Banking Real Estate Technology Addressing the milliondollar question on why a digital real estate market place is vital Avinash Rao its founders said Access to Real Estate has always been only for the more privileged amongst us due to the larger amount of savings that are required to buy them Democratisation of Real Estate ownership by dematerialising it empowers everyone to coown highquality residential as well as commercial real estate that are managed by professionals About ALT DRX Alt RealTech Pvt Ltd owns the platform wwwAltDRXcom Anand Narayanan a veteran banker cum real estate professional and Avinash Rao a senior Telecom real estate professional along with 7 senior professionals Prashanth Aroor CoFounder Hotel Assets Avijit Mishra CoFounder Office Warehousing Assets Willibrord George CoFounder School Assets Nikhil Joshi CoFounder Global Real Estate Sanjeet CoFounder Land Assets Sachin Joshi CoFounder CTO and Rajesh Krishnamurthy CoFounder Tokenomics are the core founding team of ALT Disclaimer The above content is a press release and PTI takes no editorial responsibility for the same.

    21 Mar 2023 Devdiscourse

  • news
    ALT Realtech Launches Worlds First Digital Real Estate Exchange Solving Illiquidity and Tokenizing Ownership for All Investors.

    ALT Realtech launches ALT DRX worlds first digital real estate exchange Buy 1 sq ft at a time Raised 16M in equity and 2M in debt Investors include top law firm family offices and startup founders Solves illiquidity in real estate assets Tokenizes ownership into tradable digital assets Access for all not just the privileged Global real estate market valued at 230T Tokenization to compete with NASDAQ and NYSE Cofounded by investment banking real estate and tech pros.

    19 Mar 2023 Economic Times

Frequently asked questions

  • Alt Drx Private Limited was incorporated on 30 Sep 2022.

  • The authorized share capital of Alt Drx Private Limited is ₹ 10.00 K and paid-up capital is ₹ 10.00 K .

  • Currently 4 directors are associated with Alt Drx Private Limited.

    • Sachin Joshi
    • Narayanan
    • Avinash Vuntakal Rao
    • Avijit Mishra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Alt Drx Private Limited is 778/A 3Rd Floor Chinnaswamy Chambers 12Th Cross, Double Road Indiranagar 2Nd Stage India, Bangalore North, Karnataka, 560038.

  • The corporate identification number (CIN) of Alt Drx Private Limited is U70200KA2022PTC166655 and the company number is 166655 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Alt Drx Private Limited is https://www.altdrx.com

  • The most recent Balance Sheet for Alt Drx Private Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Online Real Estate Platforms