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Funding · Real Estate & PropTech

Truva raises $9 million for resale home platform

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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

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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