Truva, a full-stack resale homes platform, has raised $9 million (₹78 crore) in a fresh funding round led by Stellaris Venture Partners and Orios Venture Partners.
Of the total funding, $7.3 million (₹61 crore) was raised as equity and $1.7 million (₹17 crore) as venture debt from Stride Ventures.
The round also saw participation from key angel investors, including Mukesh Bansal (Co-founder, Myntra & CureFit), Aakrit Vaish and Miten Sampat (Co-founders, PeerCheque), Ramakant Sharma (Co-founder, LivSpace), Natasha Malpani Oswal (Founder, Boundless Ventures), and Ram Raheja (MD, S Raheja Realty).
The fresh capital will be used to deepen Truva’s footprint across Mumbai and into new metros like Delhi NCR and Bengaluru, strengthen TruIQ, and support inventory-linked working capital to scale staging, legal verification, and transaction execution.
Founded in 2023 by Puneet Arora, Monil Singhal, and Ankit Gupta, Truva is building an honest, transparent, and predictable home-buying and selling experience in highly fragmented resale markets. Truva takes exclusive mandates from sellers, invests in legal and physical verification, staging, renovation, and data-backed valuation, and manages transactions end-to-end, from discovery to registration.
At the core of the platform is TruIQ, India’s deepest real estate intelligence engine that uses over 1,000 data points, from floor plans to transaction data and walk-in demand, to deliver accurate, unit-level valuations.
Since launch, Truva has built a strong presence across 7 micro-markets in Mumbai, helping sell resale homes worth over ₹500 crore, working with over 200 home buyers and sellers.
The company grew 6x year-on-year and plans to cross ₹1,500 crore in GMV over the next 12 months by expanding to more than 20 micro-markets.
Monil Singhal, co-founder of Truva, said, “Buying or selling a home is one of the most important financial decisions a family makes, yet the resale experience today is often fragmented, opaque, and stressful. Truva is built to change that – by bringing honesty, transparency, and predictability to resale home transactions, so families can move forward with confidence.”
Ritesh Banglani, Partner at Stellaris Venture Partners,said, “We’re excited to deepen our partnership with the Truva team. Since backing them at the seed stage, they’ve demonstrated exceptional execution and built strong customer love in a complex and fragmented category. Their full-stack, brand-led approach, combined with strong micro-market execution and technology leverage, sets them apart. Resale is a massive opportunity in India, and we believe Truva can build the country’s most trusted resale homes brand as they scale across cities.”
Sukhmani Bedi, Partner at Orios Venture Partners, said, “We are thrilled to lead this investment in Truva and partner with Monil, Puneet, and Ankit. What sets this team apart is their relentless focus on market feedback; they haven’t just built a product, they’ve evolved a model that specifically solves the complexities of this industry. Their exceptional founder-market fit and complementary expertise make them uniquely positioned to lead this category.”
