How Truva Is Revolutionizing India’s Resale Home Market — and Raising $9M to Scale Nationwide
How Truva Is Revolutionizing India’s Resale Home Market — and Raising $9M to Scale Nationwide
The Proptech Pioneer Turning Fragmented Real Estate Transactions Into Seamless, Data-Driven Experiences
India’s residential resale housing market — estimated to be a $40 billion segment and growing faster than the primary real estate sector — has long been plagued by opacity, inconsistent pricing, and transaction friction. Today, a new breed of proptech startups is rewriting that script. At the forefront is Truva, a Mumbai-based full-stack resale homes platform that’s capturing investor attention and buyer trust alike with technology-led transparency and end-to-end services.
The Big Funding Breakthrough: $9 Million to Fuel Expansion
In January 2026, Truva announced a significant $9 million funding round (around ₹78 crore) — a mix of $7.3 million in equity and $1.7 million in venture debt — co-led by early-stage investors Stellaris Venture Partners and Orios Venture Partners, with support from Stride Ventures and several key angel backers.
The round saw participation from prominent names in the Indian startup ecosystem, including Mukesh Bansal (co-founder of Myntra and CureFit), Aakrit Vaish & Miten Sampat (PeerCheque), Ramakant Sharma (LivSpace), Natasha Malpani Oswal (Boundless Ventures), and Ram Raheja (S Raheja Realty).
This latest infusion underscores strong investor conviction in Truva’s business model and execution — especially in a category traditionally dominated by informal brokerage networks and listing portals.
What Sets Truva Apart in a Crowded Market
Founded in 2023 by Puneet Arora, Monil Singhal, and Ankit Gupta, Truva was built to tackle longstanding inefficiencies in home resale — from inconsistent pricing to opaque documentation.
Rather than merely listing properties, Truva provides a full-stack experience that manages the entire transaction journey:
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Pricing & Valuation — Powered by TruIQ, Truva’s proprietary real estate intelligence engine that analyses 1,000+ data points to deliver accurate unit-level valuations.
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Staging & Presentation — Professional staging services to enhance property appeal.
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Legal Verification & Compliance — Due-diligence and document checks that reduce risk and transaction delays.
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Financing & Paperwork Support — Assistance with home loans, paperwork, and registration.
By combining technology intelligence with offline execution and transaction orchestration, Truva aims to reduce the friction and unpredictability of traditional resale deals.
Traction So Far — Momentum That Matters
Since its launch, Truva has:
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Established operations across seven micro-markets in Mumbai.
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Facilitated resale transactions worth over INR 500 crore.
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Served 200+ buyers and sellers, while reporting six-fold growth year-on-year.
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Set an ambitious target to expand into 20+ micro-markets across multiple metros and cross ₹1,000 crore+ in annualised Gross Merchandise Value (GMV) over the next year.
These results demonstrate that customers are responding positively to structured, transparent resale market experiences — far removed from the ambiguity of traditional brokerage deals.
Strategic Use of New Capital
According to founders, the newly raised capital will fuel:
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Geographical expansion into fast-growing markets such as Delhi NCR and Bengaluru.
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Strengthening TruIQ to improve pricing accuracy and market intelligence.
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Boosting working capital for staging, legal and end-to-end transaction execution — enabling Truva to handle more listings and reduce turnaround times.
This balanced deployment of funds — between tech investment and transaction support — positions Truva to scale not just quickly, but sustainably.
Why Truva’s Growth Matters For India’s Proptech Ecosystem
Truva’s rise underscores two key trends within the Indian real estate landscape:
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Resale housing is becoming a dominant segment — accounting for a significant share of transactions as buyers increasingly prefer ready-to-move-in homes over new projects.
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Proptech is shifting from listing portals to full-stack service platforms — where technology and physical execution work in tandem to improve outcomes for buyers and sellers.
In this context, Truva is positioned as a bridge between digital intelligence and real-world execution, helping the resale market evolve from informal, fragmented transactions to structured, efficient and tech-augmented experiences.
Looking Ahead
With strong funding backing and a clear roadmap for scaling, Truva is poised to become one of India’s most significant proptech success stories. As it deepens its footprint across metros and continues to refine TruIQ, the startup could redefine how resale properties are bought, sold, and transacted nationwide — challenging incumbents and traditional brokers alike.
