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Proptech Startup Truva Secures $3 Million in Funding Led by Stellaris Venture Partners

  • Truva, a real estate technology platform, has raised $3 million in a funding round led by Stellaris Venture Partners, with participation from notable angel investors.
  • The funds will be used for team expansion, product enhancement, raising debt for working capital, and scaling operations.
  • Founded in 2023, Truva offers detailed property listings with extensive insights and support for buyers, including financing, paperwork, and registration assistance.
  • The platform has facilitated transactions worth over Rs 30 crore in Powai, Mumbai, with an average property sale time of 19 days.
  • Truva plans to expand its operations to other areas in Mumbai within the next year, aiming to improve the home-buying experience.

Source: Economic Times

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