What the business is
Truva is a Mumbai proptech platform offering detailed property listings with buyer insights and end-to-end transaction support.
Starting capital
₹78 Cr ($8.6 Mn): ₹61 Cr equity from Stellaris Venture Partners, Orios Venture Partners and angels including Ramakant Sharma and Mukesh Bansal, plus ₹17 Cr debt from Stride Ventures; follows a $3 Mn seed led by Stellaris in August 2024.
How it started
Monil Singhal, Puneet Arora and Ankit Gupta founded Truva in 2023 in Mumbai, listing properties with buyer insights and supporting the whole transaction: financing, paperwork and registration assistance.
What happened
Two years after its $3 Mn seed led by Stellaris in August 2024, it raised ₹78 Cr in a debt-and-equity round to fund expansion and build an 'intelligence' stack for operational efficiency and customer experience.
What has to be true
Buying a home in India means fragmented regulation, piles of paperwork and financing friction — whoever removes that friction owns the customer.
Full-stack support differentiates Truva from listing-first rivals like Square Yards and NoBroker.
Concentrating on seven Mumbai micro-markets built an operationally dense playbook worth copying before spreading thin.
What can be applied
Depth beats breadth in high-friction markets: own a handful of micro-markets end to end before scaling the playbook to the next metro.
Aftermath
As of 2026-01-15 Truva plans to deepen within Mumbai and launch in Delhi and Bengaluru from H2 2026, while building its intelligence stack and working more deeply on loan financing.
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