Truva Raises Rs 78 Crore to Scale Resale Homes Platform

15 Jan 2026 CW Team

Truva, a full-stack resale homes platform, has raised Rs 780 million in fresh capital to accelerate expansion and deepen its technology-led operating model. The funding comprises Rs 610 million in equity led by Stellaris Venture Partners and Orios Venture Partners, along with Rs 170 million in venture debt from Stride Ventures. The round also saw participation from angel investors including Mukesh Bansal, Ramakant Sharma, Natasha Malpani Oswal and Ram Raheja.

The capital will be used to expand Truva’s presence across Mumbai and enter new metros such as Delhi NCR and Bengaluru, strengthen TruIQ—its proprietary real estate valuation and liquidity intelligence engine—and scale inventory-backed operations including staging, legal verification and transaction execution.

Founded in 2023, Truva operates a full-stack model, taking exclusive mandates from sellers and managing the entire transaction journey from discovery to registration. Its TruIQ engine analyses over 1,000 data points to deliver unit-level pricing, enabling homes to sell 7–10 times faster than the market average at transparent valuations.

Since launch, Truva has built a presence across seven Mumbai micro-markets, facilitated resale transactions worth over Rs 5 billion and achieved six-fold year-on-year growth. The company plans to cross Rs 15 billion in GMV over the next 12 months as it expands into more than 20 micro-markets.

Infrastructure Transport

05 Feb 2026

MMRDA Installs 325-Tonne Steel Spans on Mumbai Metro Line 4

The Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a key construction milestone on Metro Line 4 with the successful installation of three large steel spans at Bhandup West during overnight operations.The spans, together weighing 325 metric tonnes, were launched using eight heavy-duty cranes and 12 multi-axle vehicles. The operation required precise engineering and meticulous planning to minimise disruption in the densely populated suburban area.Due to effective inter-agency coordination, the work—originally scheduled across four nights—was completed within just two n..

CMRL Targets March 2027 Opening for Vadapalani–Panagal Park

Chennai Metro Rail Limited (CMRL) is progressing as scheduled to open the Vadapalani–Panagal Park section of Phase II’s Corridor 4 by March 2027. The 3.5 km underground stretch is part of the 26.1 km Corridor 4 connecting Lighthouse with Poonamallee Bypass.Construction activities are advancing steadily, with tunnelling works between Vadapalani and Panagal Park already completed. Track-laying operations are expected to commence shortly. At Panagal Park station, structural works have reached the concourse and platform levels, while excavation continues at the lowest level.CMRL is also consid..

Maha-Metro Invites Pune Metro Civil Maintenance Bids

Maharashtra Metro Rail Corporation Limited (Maha-Metro) has invited bids for the annual civil maintenance contract of the Pune Metro Rail Project. The tender, bearing ID and number P1-O&M-20/2025, is scheduled to close on 23 February 2026, with a pre-bid meeting slated for 10 February 2026. The earnest money deposit (EMD) for the contract is Rs 3,50,500, and the duration of the contract is one year.The scope of work includes annual civil maintenance of 28 elevated and underground stations, 28.079 km of elevated viaduct including steel bridges, 12.15 km of tunnels, and two depots under the ..