Mumbai Proptech Startup Truva Secures $3Mn in Seed Funding to Revolutionize Real Estate
Truva, a Mumbai-based proptech startup, has raised $3 million in seed funding to scale up its product stack and expand operations.
ProptechStartupFundingReal EstateMumbaiReal Estate MumbaiAug 13, 2024
The fresh funding will be utilized to scale up Truva's product stack, boost its workforce, and ramp up operations. Founded in 2023 by Puneet Arora, Monil Singhal, and Ankit Gupta, Truva offers detailed property listings with insights and provides support to buyers, including financing, paperwork, and registration assistance.
Truva aims to address the real estate challenges with a buyer-centric approach, empowering them with deep insights needed to make informed decisions. Currently serving in Mumbai's Powai and Bandra, the company plans to expand to additional areas in the city within the next year.
With this funding, Truva is poised to revolutionize the real estate industry by providing a seamless and transparent experience for homebuyers.
Information
Stellaris Venture Capital is a leading venture capital firm that invests in early-stage startups in India. Peercheque is a platform that enables peer-to-peer lending and investments.
Truva is a Mumbai-based proptech startup that offers detailed property listings with insights and provides support to buyers, including financing, paperwork, and registration assistance.
Frequently Asked Questions
What is Truva?
Truva is a Mumbai-based proptech startup that offers detailed property listings with insights and provides support to buyers.
How much funding did Truva raise?
Truva raised $3 million (approximately INR 24.9 crore) in a seed funding round.
Who led the funding round?
Stellaris Venture Capital led the funding round, with participation from Peercheque and several angel investors.
What will Truva use the funding for?
Truva will use the funding to scale up its product stack, boost its workforce, and ramp up operations.
What areas does Truva currently serve?
Truva currently serves in Mumbai's Powai and Bandra.
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