Proptech startup Truva has successfully raised 6.3 million dollars in its latest funding round bringing its valuation to more than 30 million dollars. The round saw participation from existing investors Stellaris Venture Partners and Orios Venture Partners. The investment is expected to strengthen Truva's operations and support its growth plans.
The company issued over fifty four thousand Series A Compulsorily Convertible Preference Shares at an issue price of ten thousand three hundred eighty three rupees per share. This funding move positions Truva strongly in the competitive proptech landscape and provides additional resources to enhance its platform.
Truva offers a comprehensive property discovery and purchase experience for homebuyers. Its platform features detailed property listings natural light and noise ratings three dimensional virtual tours high quality photos and videos as well as assistance with financing paperwork and registration. The startup aims to simplify the process of finding and buying a home while delivering a seamless digital experience.
The founders of Truva hold a majority stake in the company supported by strategic investments from Stellaris and Orios. This fresh capital will be used for working capital and to expand the startup’s business operations across key markets. The latest funding round reflects growing investor confidence in the Indian proptech sector and Truva’s potential to innovate in real estate technology.
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