Truboard Partners raises Rs 20 Cr led by Earth Fund

Asset performance platform Truboard Partners has secured Rs 20 crore ($2.2 million) in a funding round led by Earth Fund, an environment- and sustainability-focused venture capital platform.

The Mumbai-based company had previously raised $2.7 million in July 2022.

The proceeds will be used to strengthen its product foundation and scale the platform responsibly across asset classes, Truboard Partners said in a press release.

Co-founded in 2020 by Srickant Rajagopal, Nandkumar Surti, and Vipul Thakore, Truboard Partners offers AI-driven asset performance management software that provides comprehensive portfolio intelligence to lenders, equity investors, and asset owners managing real and financial assets. The platform enables 360-degree visibility into investment performance, risk management, and operational efficiency, helping institutions optimise portfolio IRRs through data-driven decision-making.

According to the company, its platform is used by investors and operators to manage complex, multi-asset portfolios across India’s real estate and energy markets, supported by recent expansions into the US and EU.

Truboard Partners works with developers, lenders, and institutional investors, providing a common operating layer for portfolio management across real estate and energy assets, spanning both debt and equity structures.

The company aims to address gaps in India’s real asset ecosystem by bringing structure and transparency to post-investment asset monitoring in real estate and clean energy infrastructure. By converting fragmented data into actionable insights, the platform reduces lender visibility timelines from months to days, improves risk management, and enables asset owners to generate 2–3% higher returns.