Proptech startup Truva has raised $3 million in a funding round led by early-stage venture capital firm Stellaris Venture Partners. The round also saw participation from angel investors such as Mukesh Bansal, Ankit Nagori and Lalit Keshre, among others.
The funds will be used for team expansion, product enhancement, raising debt for working capital, and scaling operations, Truva said in a press release.
Founded in 2023 by Puneet Arora, Monil Singhal and Ankit Gupta, Truva provides detailed property listings with extensive insights and support for buyers, including help with financing, paperwork, and registration. The startup also offers features such as natural light scores, noise ratings, 3D tours, and high-quality photos and videos.
Currently operating in Powai and Bandra in Mumbai, Truva plans to expand its reach to other areas in Mumbai within the next year.