{"id":"f-80ae245e0c-48754eb1-5f76-541f-9831-ee3b514a0484","title":"Proptech startup Truva raises USD 9 mn from Stellaris, Orios, others","description":"","timestamp":0,"category":"business","headline":"Proptech startup Truva raises USD 9 mn from Stellaris, Orios, others","modifiedHeadline":"Truva Secures USD 9M in Funding Round","subCategories":["scid_fda2861b"],"region":"IN","bundleMetaData":{"bundleId":"7b48871c-c993-4956-b43d-6f46f8e1b036","bundleTitle":"Today In India","cardData":null},"iabCategoryId":"61","fcSummary":"Mumbai-based Truva, a proptech platform focused on resale homes, secured $9 million in funding led by Stellaris and Orios Venture Partners. The funds will fuel expansion across Mumbai, Delhi-NCR, and Bengaluru. Truva aims to manage the entire resale transaction process.","summary":"Proptech startup Truva secures USD 9 mn funding! Stellaris and Orios lead the round, fueling innovation in the property technology sector.","ctaUrl":"https://trends.glance.com/newz/news/IN/en/news18/f-80ae245e0c-48754eb1-5f76-541f-9831-ee3b514a0484","sourceUrl":"https://www.news18.com/agency-feeds/proptech-startup-truva-raises-usd-9-mn-from-stellaris-orios-others-9832614.html","bannerImage":"https://g-mob.glance-cdn.com/public/fc/image/cBQXuXee3aS0.webp","content":"

New Delhi, Jan 15 (PTI) Mumbai-based proptech platform Truva on Thursday said it has raised USD 9 million (Rs 78 crore) in a funding round led by Stellaris Venture Partners and Orios Venture Partners.

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The fresh funds will be utilised to strengthen the company’s footprint across Mumbai and expand into new metros, including Delhi-NCR and Bengaluru, the company said in a statement.

The funding comprises USD 7.3 million (Rs 61 crore) in equity and USD 1.7 million (Rs 17 crore) in venture debt from Stride Ventures.

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The round also saw participation from several angel investors, including Myntra co-founder Mukesh Bansal, LivSpace co-founder Ramakant Sharma, and S Raheja Realty MD Ram Raheja.

Founded in 2023 by Puneet Arora, Monil Singhal, and Ankit Gupta, Truva operates in the resale home market and provides a full-stack platform that manages the end-to-end transaction journey, including staging, sale, and registration.

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Since its launch, the company claims to have facilitated sales of resale homes worth over Rs 500 crore across seven micro-markets in Mumbai. It plans to cross Rs 1,500 crore in Gross Merchandise Value (GMV) over the next 12 months by expanding to more than 20 micro-markets. PTI ANK ANK ANU ANU

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Proptech startup Truva raises USD 9 mn from Stellaris, Orios, others

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