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Proptech Startup Truva Raises $9 Million to Scale Resale Homes Platform

Proptech Startup Truva Raises $9 Million to Scale Resale Homes Platform Startup Stories

Mumbai-based proptech startup Truva has raised USD 9 million (approximately ₹78 crore) in a funding round co-led by early-stage venture capital firms Stellaris Venture Partners and Orios Venture Partners, underscoring growing investor confidence in technology-driven solutions for India’s resale housing market.

Of the total capital raised, USD 7.3 million came from equity sales, while USD 1.7 million was secured as venture debt from Stride Ventures. The round also saw participation from prominent angel investors, including Myntra co-founder Mukesh Bansal, Livspace co-founder Ramakant Sharma, and PeerCheque co-founders Aakrit Vaish and Miten Sampat.

Founded in 2023 by Monil Singhal, Puneet Arora, and Ankit Gupta, Truva operates a full-stack resale homes platform that manages the end-to-end transaction lifecycle — from property discovery and pricing to legal verification, staging, documentation, and closing. The company also integrates support for financing and registration, aiming to simplify a traditionally fragmented and opaque market.

The fresh funding will be deployed to deepen Truva’s presence in Mumbai, expand into new metropolitan markets such as Delhi-NCR and Bengaluru, strengthen its proprietary TruIQ real estate intelligence engine, and support inventory-linked working capital for staging, legal checks, and transaction execution at scale.

Since its inception, Truva has reported multi-fold year-on-year growth, operating across seven micro-markets in Mumbai with resale transactions worth hundreds of crores, and has facilitated sales for more than 200 buyers and sellers. The company is targeting an accelerated expansion plan, aiming to cross significant gross merchandise value metrics as it builds market share in India’s resale real estate segment.