Asset Performance Platform Truboard Partners Secures Funding for Growth
Asset performance platform Truboard Partners has successfully raised Rs 20 crore ($2.2 million) in a funding round led by Earth Fund, a venture capital entity dedicated to environmental and sustainability initiatives. The Mumbai-based firm had previously accumulated $2.83 million from Polestar Capital and other investors. The funds will be directed towards fortifying its product foundation and expanding the platform responsibly across various asset categories, as stated by Truboard Partners in an official announcement.
About Truboard Partners
Co-founded in 2020 by Srickant Rajagopal, Nandkumar Surti, and Vipul Thakore, Truboard Partners delivers AI-driven asset performance management software that offers comprehensive portfolio intelligence to lenders, equity investors, and asset owners handling both real and financial assets. The platform provides holistic visibility into investment performance, risk management, and operational efficiency, enabling institutions to enhance portfolio IRRs through informed decision-making.
Market Reach and Impact
According to the company, the platform is currently leveraged by investors and operators to manage intricate, multi-asset portfolios in India’s real estate and energy sectors, along with recent ventures into the US and EU markets. Truboard Partners collaborates with developers, lenders, and institutional investors, supplying a unified operating layer for portfolio management encompassing both real estate and energy assets, across various debt and equity structures.
Addressing the Real Asset Ecosystem
The firm aims to bridge gaps within India’s real asset ecosystem by introducing structure and transparency to post-investment monitoring in real estate and clean energy infrastructure. By transforming fragmented data into actionable insights, the platform significantly reduces lender visibility timelines from months to just days, enhances risk management, and enables asset owners to achieve 2–3% higher returns.