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.