Mumbai-based proptech startup Truva has secured $9 million (₹78 crore) in a fresh funding round, blending equity and venture debt to fuel its push into India’s booming resale housing market.
The round, announced this week, includes $7.3 million (₹61 crore) in equity led by Stellaris Venture Partners and Orios Venture Partners, alongside $1.7 million (₹17 crore) in debt from Stride Ventures. Prominent angels piled in, with Myntra and Cure.fit co-founder Mukesh Bansal, LivSpace’s Ramakant Sharma, PeerCheque founders Aakrit Vaish and Miten Sampat, Boundless Ventures’ Natasha Malpani Oswal, and S Raheja Realty MD Ram Raheja joining the syndicate.
Truva plans to deploy the capital to solidify its Mumbai stronghold while venturing into Delhi-NCR and Bengaluru. Funds will supercharge its TruIQ valuation engine and cover inventory needs like property staging, legal due diligence, and seamless closings.
Launched in 2023 by Puneet Arora, Monil Singhal, and Ankit Gupta, Truva streamlines resale flats with end-to-end services from pricing and verification to renovations, financing, and registration. The platform has already powered over ₹500 crore in transactions across Mumbai micro-markets.
