Proptech startup Truva raises $9Mn from Stellaris and Orios Venture Partners

Truva, a resale homes platform, has raised INR 78 Cr ($8.6 Mn) as part of its latest funding round in a mix of debt and equity led by existing investor Stellaris Venture Partners and Orios Venture Partners.

Out of the total funding, $7.3 million (around Rs 61 crore) came from equity, while $1.7 million was raised as venture debt from Stride Ventures.

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The round also saw participation from key angel investors, including myntra and CureFit Co-founder Mukesh Bansal, PayCheque Co-founders Aakrit Vaish and Miten Sampat, LivSpace Co-founder Ramakant Sharma, Boundless Ventures Founder Natasha Malpani Oswal, and Ram Raheja, MD at S Raheja Realty.

The newly raised funds will be used to support the startup’s expansion plans and further strengthen its technology and product.

“On the expansion front, we’re active in seven micro-markets in Mumbai so far. We want to expand further within the city and launch in another two metro cities – Delhi and Bengaluru, starting from the second half of this year,” Truva cofounder Monil Singhal said.

“We’re excited to deepen our partnership with the Truva team. Since backing them at the seed stage, they’ve demonstrated exceptional execution and built strong customer love in a complex and fragmented category. Their full-stack, brand-led approach, combined with strong micro-market execution and technology leverage, sets them apart. Resale is a massive opportunity in India, and we believe Truva can build the country’s most trusted resale homes brand as they scale across cities,” said Ritesh Banglani, Partner at Stellaris Venture Partners.

Founded in 2023 by Singhal, Puneet Arora and Ankit Gupta, Truva runs a proptech platform that provides detailed property listings along with buyer insights. It also offers complete support, including help with financing, paperwork, and registration.

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The startup has helped 211 customers buy and sell properties so far.

Truva earlier raised $3 million in a seed funding round led by Stellaris Venture Partners in August 2024.

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