Truva Secures $9 Million Funding for Proptech Expansion

Truva, a pioneering proptech startup, has successfully raised $9 million (approximately Rs 78 crore) in a funding round co-led by early-stage venture capital firms Stellaris Venture Partners and Orios Venture Partners. In this financing, $7.3 million was procured through equity sales, while the remaining $1.7 million was acquired as venture debt from Stride Ventures. Additionally, contributions were made by angel investors including Myntra founder Mukesh Bansal, Ramakant Sharma, Aakrit Vaish, and Miten Sampat. Startup Superb had previously reported on this funding deal in December.

Expansion Plans and Future Developments

The newly acquired funds will be pivotal for Truva’s strategy to broaden its footprint in Mumbai and venture into new markets including Delhi NCR and Bengaluru. The startup intends to bolster its real estate intelligence platform and support inventory-linked working capital to speed up staging, legal checks, and transaction processes.

About Truva

Founded in 2023 by Puneet Arora, Monil Singhal, and Ankit Gupta, Truva offers comprehensive property listings that provide extensive insights and buyer support. This includes guidance on financing, paperwork, and registration. The platform also boasts features such as natural light scores, noise ratings, immersive 3D tours, and high-quality photos and videos.

Industry Performance

Based on Startup Superb’s annual report, proptech startups raised $368 million through 31 deals in 2025, representing 2.82% of the total funds raised that year.

Operational Achievements

Truva is currently operating in seven micro markets within Mumbai, having acquired homes valued at over Rs 500 crore and facilitated the sale of more than Rs 300 crore worth of resale inventory to a diverse clientele of over 200 buyers and sellers. The company has experienced remarkable six-fold year-on-year growth and aims to exceed Rs 1,000 crore in annualised GMV over the next year.

Financial Overview

For the fiscal year ending March 2024, Truva reported operating revenue of Rs 10.88 lakh and a loss of Rs 10.30 lakh, indicating its early-stage, pre-revenue operations. The company is yet to submit its financial statements for FY25.