Anand Narayanan
Co-Founder
Alt DRX
Anand has worked in diverse functions around the world across real estate and banking. He is seen by most as an astute, persuasive, innovative and action-obsessed leader with strong domain expertise in Development Management, Strategy, Sales & Marketing and Financial Engineering.
In May 2021, Anand set up Alt DRX, the world’s first Digital Real Estate Marketplace with an India-first strategy, where people can buy and sell real estate 1 SQFT at a time. Alt DRX created a new financial instrument capturing the economic value of 1 sqft of real estate and a stock exchange-like marketplace for these instruments.
Since Sept 2019, Anand has been Managing Director at DAMAC Properties, Dubai, the second largest listed real estate developer in the Middle East. He played a pivotal role in managing the revenue side of UAE operations and acted as owner’s representative for international operations, focusing on new project launches, strategy, sales and sales operations.
Since Nov 2012, Anand was Chief Operating Officer at Puravankara, with P&L responsibility for its $300 million top-line and $20 million bottom-line business. He spearheaded initiatives across product, construction, marketing, sales and operations, including obtaining SEBI’s consent for a fractional sale model for office assets in 2014.
Since April 2009, Anand was part of the leadership team at Knight Frank India, running its residential transaction and advisory business and helping transform the firm into an ‘Institutional Marketing Advisor’ for domestic and international developers.
Since April 2000, Anand was associated with ICICI Bank for close to a decade across Global Payments, Corporate Banking (SME) and Treasury Sales. His last assignment was in New York as AGM & Head – Consumer Banking, where he was responsible for setting up the Bank’s consumer initiatives in the USA, including its acquisition-led entry into the US market. Anand holds an MBA in Marketing from India.
