Indian Proptech Altre Raises $1 Million

The company is India’s first digital brokerage fulfilment platform for commercial real estate

Proptech start-up Altre has raised $1million in a pre series A round to grow technology, capability and teams across the country. Altre is a B2B fulfilment marketplace for commercial real estate. It is India’s first digital brokerage platform servicing a pan India footprint for enterprise clients.

“With this platform the transaction time has reduced by over 80 per cent, which is a huge advantage for corporates. We have added an inventory across India on our marketplace and corporates can access that to complete the transaction digitally,” said Shweta Sawhney, founder and CEO of Altre.

Real estate veteran Shweta Sawhney quit the international property consulting space after 20+ years post holding leadership roles across JLL, C&W and Savills to build India’s first digital brokerage fulfilment platform for commercial real estate. Altre services real estate requirements across various categories for clients ranging from enterprises to start-ups in all key cities across the country including Bangalore, Delhi NCR, Hyderabad, Pune, Chennai and Mumbai. The platform currently has over 2,000 properties listed across 300 million square feet of listings. “We are currently focused on leasing traditional offices including co-working and managed offices,” Sawhney said.