Proptech Startup Altre Raises $1 Million to Transform India’s Commercial Real Estate Landscape

• ByStartupStory     |    July 23, 2023

Altre, the innovative proptech startup, has recently secured $1 million in a pre-series A funding round aimed at bolstering its technological capabilities and expanding its teams nationwide.

As a B2B fulfillment marketplace for commercial real estate, Altre stands as India’s pioneering digital brokerage platform catering to enterprise clients on a Pan India scale.

Shweta Sawhney, the founder and CEO of Altre, emphasized the platform’s transformative impact, reducing transaction time by an impressive 80%, providing significant advantages to corporate clients. By aggregating inventory from across India on their marketplace, Altre enables seamless digital transactions for businesses.

Having spent over 20 years in the real estate industry and holding leadership roles at renowned firms like JLL, C&W, and Savills, Shweta Sawhney decided to depart from the international property consulting space to establish India’s first digital brokerage fulfillment platform for commercial real estate.

Altre caters to diverse real estate requirements for a wide range of clients, from established enterprises to dynamic startups, across major cities such as Bangalore, Delhi NCR, Hyderabad, Pune, Chennai, and Mumbai.

At present, Altre boasts a portfolio of over 2,000 properties listed across a vast expanse of 300 million square feet of listings.

“Our current focus is on leasing traditional offices, including co-working and managed offices,” stated Sawhney, underscoring the platform’s strategic approach to address specific real estate needs.

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