Funding · Real Estate & PropTech
Truva raises $9 million for resale home platform
By Startup Enthusiast ·
- Date
- Company
- Truva
- What it does
- Resale home marketplace
- Kind
- Funding
- Amount
- $9 million
- Stage
- Series A
- Based in
- Mumbai
- Founded
- 2023
- Sector
- Real Estate & PropTech
What they do
Truva is a Mumbai-based proptech startup that helps people buy and sell resale homes
What happened
It raised $9 million in a round co-led by Stellaris Venture Partners and Orios Venture Partners
Why it matters
The company has already handled over Rs 500 crore worth of homes and plans to expand to Delhi and Bengaluru
The details
- Truva raised $9 million (about Rs 78 crore) in a funding round.
- The round was co-led by Stellaris Venture Partners and Orios Venture Partners.
- It included $7.3 million in equity and $1.7 million in venture debt from Stride Ventures.
- Angel investors included Mukesh Bansal, Ramakant Sharma, Aakrit Vaish, Miten Sampat, Natasha Malpani Oswal, and Ram Raheja.
- The company plans to use the funds to expand within Mumbai and enter Delhi NCR and Bengaluru.
- It will also enhance its real estate intelligence platform TruIQ and support inventory-linked working capital.
The bigger picture
- The residential resale market in India is worth $40 billion and accounts for 40-45% of metro transactions.
- Indian proptech startups raised $368 million across 31 deals in 2025.
- The Indian proptech ecosystem is projected to become a $3.8 billion opportunity by 2030.
About the business
- Truva is a Mumbai-based proptech startup focused on the resale home market.
- It provides detailed property listings with insights such as natural light scores, noise ratings, 3D walkthroughs, and high-quality visuals.
- It offers end-to-end support including financing, paperwork, and registration assistance.
- The company operates across seven micro-markets in Mumbai.
- It has acquired homes worth over Rs 500 crore and sold over Rs 300 crore worth of resale inventory.
- It has served over 200 buyers and sellers and reported sixfold year-on-year growth.
What happens next
- Expand within Mumbai and enter Delhi NCR and Bengaluru.
- Enhance the real estate intelligence platform TruIQ.
- Support inventory-linked working capital for staging, legal checks, and transaction execution.
The deal
- Type
- equity and venture debt
Investors
- Stellaris Venture Partners (lead) — Venture capital firm investing in early-stage tech companies.
- Orios Venture Partners (lead) — Early-stage venture capital firm.
- Stride Ventures (venture debt provider) — Venture debt firm.
Founders
- Monil Singhal, Co-founder
- Puneet Arora, Co-founder
- Ankit Gupta, Co-founder
About Truva
- Product
- Property intelligence and transaction platform for buying resale homes with verified data, financing, and paperwork assistance
- Customers
- Residential home buyers and property sellers looking for verified resale transactions
- How it makes money
- Charges commissions and transaction-linked fees on completed home sales and related services
- What sets it apart
- Buyer-centric platform providing end-to-end support including home staging, legal checks, financing, and registration
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