Truva Raises $9 Million in Equity and Debt to Expand Beyond Mumbai

Overview

• The Mumbai-based resale homes platform closed a $9 million round led by Stellaris Venture Partners and Orios Venture Partners.
• The financing comprises roughly INR 61 crore in equity and INR 17 crore in venture debt, with the debt provided by Stride Ventures.
• Proceeds will support deeper coverage of Mumbai micro-markets, planned entries into Delhi NCR and Bengaluru from the second half of 2026, investment in the TruIQ valuation and liquidity engine, and inventory-linked working capital.
• Angel participants include Mukesh Bansal, Ramakant Sharma, Aakrit Vaish, Miten Sampat, Natasha Malpani Oswal, and Ram Raheja.
• Founded in 2023 by Puneet Arora, Monil Singhal, and Ankit Gupta, Truva reports 6x year-on-year growth, activity across seven Mumbai micro-markets and 211 customers, and is targeting Rs 1,500 crore in GMV over the next 12 months.