The Indian resale housing market is massive, fragmented, and notoriously opaque. Truva, a full-stack proptech platform, is on a mission to fix it. The startup has raised $9 million in a funding round led by Stellaris Venture Partners and Orios Venture Partners.
The round also includes $1.7 million in venture debt from Stride Ventures, providing the capital efficiency needed for an operationally heavy business model.
FounderStory Intelligence
Organizing the Unorganized
Unlike listing platforms (like MagicBricks or 99acres) which primarily generate leads, Truva operates a full-stack model. They verify properties, handle legal due diligence, and manage the transaction end-to-end. This solves the "trust deficit" that plagues the resale market.
The company has reported a stellar 6X year-on-year growth, validating the demand for a managed marketplace in real estate.
Expansion Blueprint
The fresh capital will fuel expansion beyond their current base. Truva is targeting prime real estate markets in Mumbai, Delhi NCR, and Bengaluru.
The backing from high-profile angels like **Mukesh Bansal** (Cult.fit/Myntra) and **Ramakant Sharma** (Livspace) adds significant operational credibility to their scaling plans.
"As India’s resale housing market gears up for digitisation and scale, Truva is betting on trust, data, and execution."
FounderStory Takeaway
PropTech in India has largely been about "Search & Discovery." Truva is moving the needle to "Transaction & Trust." By taking ownership of the friction points—legal, financing, and verification—they are building a moat in a market where the average ticket size is high, but trust is low.