Proptech startup Truva raises $9 Mn co-led by Stellaris and Orios

Proptech startup Truva has raised $9 million (about Rs 78 crore) in a funding round co-led by early stage venture capital firms Stellaris Venture Partners and Orios Venture Partners. Of the total capital, $7.3 million came from equity sales, while $1.7 million was raised as venture debt from Stride Ventures. The round also saw participation from angel investors including Myntra founder Mukesh Bansal, Ramakant Sharma, Aakrit Vaish, and Miten Sampat.

Entrackr had exclusively reported about the deal in December last year.

The fresh funds will be used to expand its presence in Mumbai and enter new markets such as Delhi NCR and Bengaluru, strengthen its real estate intelligence platform, and support inventory linked working capital to scale staging, legal checks, and transaction execution, 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 buyer support, including assistance 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.

According to Entrackr’s annual report, proptech startups raised $368 million across 31 deals in 2025, accounting for 2.82% of the total fundraising during the year.

Truva said it operates across seven micro markets in Mumbai, having acquired homes worth over Rs 500 crore and sold more than Rs 300 crore worth of resale inventory to over 200 buyers and sellers. The company reported six fold year on year growth and aims to surpass Rs 1,000 crore in annualised GMV over the next year.

For the year ended March 2024, Truva generated Rs 10.88 lakh in operating revenue and reported a loss of Rs 10.30 lakh, reflecting its early stage, pre revenue operations. The company is yet to file its financial statements for FY25.