Buying a resale home in India is rarely straightforward. Between unclear listings, incomplete information, legal uncertainty, and a fragmented buying process, what should be a life milestone often turns into a stressful experience. Truva, a Mumbai-based proptech startup, is trying to change that—and investors are taking note.

The company has raised $9 million (around ₹78 crore) in a funding round co-led by Stellaris Venture Partners and Orios Venture Partners. The round includes $7.3 million in equity and $1.7 million in venture debt from Stride Ventures, with participation from well-known angels such as Mukesh Bansal, Ramakant Sharma, Aakrit Vaish, and Miten Sampat.

Solving a Problem Founders Knew Firsthand

Founded in 2023 by Puneet Arora, Monil Singhal, and Ankit Gupta, Truva was born out of a simple insight: while Indian housing demand has grown rapidly, the resale buying experience has not evolved at the same pace.

Most buyers don’t just need listings—they need clarity. Truva positions itself not as a classifieds platform, but as a full-stack home buying partner. The company curates verified resale inventory and supports buyers through financing, legal checks, paperwork, and registration.

On the product side, Truva brings data where ambiguity usually exists. Listings come with natural light scores, noise ratings, 3D walkthroughs, and high-quality visual documentation, helping buyers understand a home before they ever step inside it.

Early Momentum in Mumbai

Truva currently operates across seven micro-markets in Mumbai, where it has already:

• Acquired homes worth ₹500+ crore

• Sold over ₹300 crore worth of resale inventory

• Served more than 200 buyers and sellers

The company reports six-fold year-on-year growth and is aiming to cross ₹1,000 crore in annualised GMV over the next year—a significant ambition in a traditionally slow-moving category.

What the Funding Will Enable

The fresh capital will help Truva:

• Deepen its presence across Mumbai

• Expand into Delhi NCR and Bengaluru

• Invest further in its real estate intelligence platform

• Scale working capital tied to staging, legal diligence, and transaction execution

In other words, the focus is on execution at scale, not just growth at any cost.

An Early-Stage Company with Big Intent

For the year ending March 2024, Truva reported ₹10.88 lakh in operating revenue and a loss of ₹10.30 lakh, reflecting its early-stage nature. Financials for FY25 are yet to be filed.

The broader proptech sector, however, continues to attract interest. Indian proptech startups raised $368 million across 31 deals in 2025, underlining steady investor confidence in technology-led real estate solutions.

Building Trust in One of India’s Most Emotional Purchases

Real estate decisions are deeply personal, often emotional, and almost always high-stakes. Truva’s bet is that better data, clearer processes, and disciplined execution can turn resale home buying into something more predictable—and far less intimidating.

If it succeeds, Truva won’t just be another proptech startup. It could become a trusted guide for buyers navigating one of the biggest decisions of their lives.

By Arushi Agarwal