Mumbai-Based Proptech Startup Truva Secures $6.3 Million Funding, Valued at Over $30 Million

As per Entrackr report, Proptech startup Truva has successfully raised $6.32 million in its latest funding round, led by existing investors Stellaris Venture Partners and Orios Venture Partners. This funding round values the company at approximately ₹284 crore ($31.60 million), marking a significant milestone for the young company. 

Details of the Funding Round 

Truva's board has issued 54,628 Series A Compulsorily Convertible Preference Shares (CCPS) at an issue price of ₹10,383 per share, raising a total of ₹56.72 crore. Stellaris Venture Partners led the round with an investment of ₹30.5 crore, while Orios Venture Partners contributed ₹26.22 crore. The funds will be used for working capital and business expansion. 

Company Background and Offerings 

Founded in 2023 by Puneet Arora, Monil Singhal, and Ankit Gupta, Truva offers detailed property listings with extensive insights and support for buyers. The platform provides assistance with financing, paperwork, and registration, along with features like natural light scores, noise ratings, 3D tours, and high-quality photos and videos. 

Ownership Structure Post-Funding 

Following the latest funding round, Stellaris Venture Partners holds a 24.53% stake in Truva, while Orios Venture Partners owns 9.24%. The co-founders, Puneet Arora, Monil Singhal, and Ankit Gupta, collectively retain a 54.87% stake, with each holding 18.29%. Previously, Truva had raised $3 million in a seed round led by Stellaris Venture Partners. 

Financial Performance 

For the year ended March 2024, Truva reported operating revenue of ₹10.88 lakh and a loss of ₹10.30 lakh, indicative of its early-stage operations. The company has not yet filed its financial statements for FY25. 

Read More: Wow Momo Foods Raises ₹75 Crore from Madhusudan Kela! 

Proptech Industry Context 

According to Entrackr’s annual report, proptech startups raised $368 million across 31 deals in 2025, accounting for 2.82% of the total fundraising during the year. This highlights the growing interest and investment in the proptech sector. 

Conclusion 

Truva's recent funding round, led by Stellaris and Orios, underscores the confidence investors have in the company's potential. With a focus on expanding its offerings and improving its financial position, Truva is poised to make significant strides in the proptech industry. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.