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Hecta™ logo — India’s platform for buying repossessed properties from Bank...

Hecta™

India’s platform for buying repossessed properties from Banks at discount. #BankSeHectaPe

Founded 2021 India Noida, India 32 employees Angel Total: $150.00K Financial Services, Fintech +2

General Information

Company Name Hecta™
Founded Year 2021
Location India Noida, India
Employees 32
Industries Financial Services, Fintech, Prop Tech +1
Funding Stage Angel
Social

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About Hecta™

Hecta™ is a Financial Services and Fintech startup based in India, founded in 2021. The company's slogan, "India’s platform for buying repossessed properties from Banks at a discount." (#BankSeHectaPe), reflects its core mission. Hecta operates as a marketplace for repossessed properties sold through auctions by Banks and Financial Institutions. The company leverages technology to address various aspects of property transactions, including discovery, due diligence, lending, and auction enablement. Hecta's innovative approach to solving complex real estate challenges is underpinned by a matching algorithm, enabling buyers to discover properties tailored to their specific requirements. The company's ultimate goal is to establish an enabling ecosystem for Banks and Financial Institutions to resolve Non-Performing Assets (NPAs) and utilize the proceeds to enhance the credit growth of the economy. In a recent development, Hecta secured a significant $150.00K investment in an Angel Round on 05 February 2023. This investment was made by Uday Punj, highlighting both investor confidence in the startup's potential and the attractiveness of its value proposition. Hecta's innovative approach and its potential to address critical challenges in the real estate and financial sectors position it as a promising player in India's startup landscape.

Business keywords: repossessed properties, auctions, Banks, Financial Institutions, technology, NPAs, credit growth, marketplace, due-diligence, lending, property discovery, transaction enablement, matching algorithm, economy, property investment

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Angel Round $150.00K 1
Uday Punj
05 Feb 2023
Angel Round Undisclosed -
13 Aug 2022

Hecta™ Alternatives & Competitors

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Hecta™ vs
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FAQ About Hecta™

India’s platform for buying repossessed properties from Banks at discount. #BankSeHectaPe
Hecta™ was founded in 2021.
Hecta™ is headquartered in Noida, India.
Hecta™ operates in Financial Services, Fintech, Prop Tech and Real Estate. Its work centres on repossessed properties, auctions, Banks and Financial Institutions.
Hecta™ has approximately 32 employees.
Hecta™ has completed 2 funding rounds, raising a total of $150.00K. The latest funding stage is Angel.
Top alternatives and competitors to Hecta™ include LendKey, Numerated, Odilia GmbH, SearchTec, October. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Hecta™ and LendKey are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Hecta™, https://bouncewatch.com/company/hecta, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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