Truboard Partners Secures Rs 20 Crore Funding Led by Earth Fund

Truboard Partners, an asset performance platform, has secured Rs 20 crore ($2.2 million) in a funding round led by Earth Fund, an environment- and sustainability-focused venture capital platform. This significant investment underscores the growing importance of sustainable and data-driven asset management solutions in the real estate and energy sectors.

The Mumbai-based company had previously raised $2.7 million in July 2022. This latest funding round is a testament to Truboard Partners' innovative approach and the market's recognition of its potential. The proceeds will be used to strengthen its product foundation and scale the platform responsibly across various asset classes.

Truboard Partners was co-founded in 2020 by Srickant Rajagopal, Nandkumar Surti, and Vipul Thakore. The company offers AI-driven asset performance management software that provides comprehensive portfolio intelligence to lenders, equity investors, and asset owners managing real and financial assets. The platform enables 360-degree visibility into investment performance, risk management, and operational efficiency, helping institutions optimize portfolio IRRs through data-driven decision-making.

According to the company, its platform is used by investors and operators to manage complex, multi-asset portfolios across India’s real estate and energy markets. The company has recently expanded its operations into the US and EU, further solidifying its position as a global player in the asset management space.

Truboard Partners works with developers, lenders, and institutional investors, providing a common operating layer for portfolio management across real estate and energy assets, spanning both debt and equity structures. The company aims to address gaps in India’s real asset ecosystem by bringing structure and transparency to post-investment asset monitoring in real estate and clean energy infrastructure.

By converting fragmented data into actionable insights, the platform reduces lender visibility timelines from months to days, improves risk management, and enables asset owners to generate 2–3% higher returns. This not only enhances the efficiency of asset management but also contributes to the overall sustainability of the real estate and energy markets.

The funding from Earth Fund will be instrumental in accelerating Truboard Partners' growth and innovation. With a focus on sustainability and responsible investment, the company is well-positioned to lead the way in transforming the asset management industry in India and beyond.

In a press release, Truboard Partners expressed its gratitude for the support from Earth Fund and outlined its plans to leverage the funding to enhance its product offerings and expand its market reach. The company is committed to driving positive change in the real estate and energy sectors, ensuring that its solutions are both effective and sustainable.

As the global focus on sustainability continues to grow, Truboard Partners is poised to play a crucial role in shaping the future of asset management. With its cutting-edge technology and commitment to transparency and efficiency, the company is set to make a significant impact on the industry.