High Asset

Assetmonk targets Rs 500 cr worth of assets under management by 2022-end


Hyderabad: Hyderabad-based Assetmonk, a technology-enabled real estate investment platform, with investments in Hyderabad, Bengaluru, and Chennai, has crossed Rs 120 crores worth of investment volume through its platform and aims to achieve Rs 500 crores by the end of 2022 as assets under its management.

The Hyderabad startup aims to transform how real estate investments are perceived by eradicating major investor problems and making investments in profitable Grade A commercial assets possible for regular investors with a click of a button. Since its inception, it has expanded its asset reach to three cities and got investors globally from 15 different geographies coming on board.

Assetmonk curates assets for fractional ownership to meet various individual financial goals like capital appreciation and passive income. The platform follows an 80-point checklist AssetScan to evaluate the viability of the asset on parameters such as financial, legal, and title due diligence, valuation, growth prospects, risk exposure and mitigation, tenancy, developer capabilities, and many other factors before bringing an asset to the platform.

Going beyond office spaces, the company is expanding its footprint in various new-age real estate asset categories such as co-living and warehousing, giving its investors ample options according to their risk appetite.

Prudhvi Chinta, co-founder & COO, Assetmonk, said, “We are reinventing the traditional real estate investments with a modern approach. At Assetmonk, we understand every investor is unique and has different investment objectives and whether one is a value investor or passive income seeker, it is our primary responsibility to guide and propose them the best investment options.”

Assetmonk has won investor confidence from countries such as the UK, Canada, UAE, USA, Singapore, and Australia, and further plans to enter the overseas market with its offerings to bring value investments for the NRI market. The company will soon enter Pune, Mumbai, and Delhi.

As a part of their current portfolio, Assetmonk has investment opportunities starting at Rs 10 Lakhs and upwards with high returns and growth prospects.

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