Truva closes $7.3 million equity financing to expand resale home services
Stellaris Venture Partners and Orios Venture Partners co-led the equity financing; Truva also secured $1.7 million in venture debt.
Truva announced on January 15 that its financing included $7.3 million in equity co-led by Stellaris Venture Partners and Orios Venture Partners. The full announcement followed the initial Series A tranche reported in December.
Mukesh Bansal, Ramakant Sharma and Ram Raheja also participated. Alongside the equity financing, Truva secured $1.7 million in venture debt from Stride Ventures, bringing the announced package to $9 million.
The Mumbai company helps homeowners manage resale transactions, from preparing a property for sale through registration. It plans to strengthen its Mumbai presence and expand into Delhi-NCR and Bengaluru.
Use of funds
Expand resale home services in Mumbai, Delhi-NCR and Bengaluru