Tag: Stellaris Venture Partners

Mumbai-based proptech startup Truva has raised $9 million (around ₹78 crore) in a fresh funding round co-led by Stellaris Venture Partners and Orios Venture Partners, as it looks to expand beyond its home turf.

Of the total capital raised, $7.3 million came through equity, while $1.7 million was raised as venture debt from Stride Ventures.

The round also drew backing from a strong group of angel investors, including Myntra founder Mukesh Bansal, Livspace co-founder Ramakant Sharma, Aakrit Vaish, and Miten Sampat.

Founded in 2023 by Puneet Arora, Monil Singhal, and Ankit Gupta, Truva is building what it calls a full-stack residential resale platform. Instead of just listing properties, the startup manages the entire journey, property discovery, due diligence, staging, renovation, financing support, paperwork, and final registration.

Truva says it will use the funds to deepen its presence in Mumbai and enter new markets like Delhi-NCR and Bengaluru. A big chunk will also go into strengthening its real estate intelligence platform and supporting inventory-linked working capital, covering everything from home staging and legal checks to smoother transaction execution.

One of Truva’s key differentiators is its in-house valuation engine, TruIQ, which uses over 1,000 data points, including historical transactions, floor plans, noise levels, and natural light, to offer unit-level pricing and liquidity insights. Buyers also get access to features like 3D tours, high-quality photos and videos, natural light scores, and noise ratings, along with a one-year quality assurance on homes purchased through the platform.

The traction so far has been encouraging. Truva currently operates across seven micro-markets in Mumbai, has acquired homes worth over ₹500 crore, and has already sold more than ₹300 crore worth of resale inventory to over 200 buyers and sellers. The company reports six-fold year-on-year growth and is aiming to cross ₹1,000 crore in annualised GMV over the next year.

For the year ended March 2024, Truva reported ₹10.88 lakh in operating revenue and a loss of ₹10.30 lakh, reflecting its pre-scale phase. Its FY25 numbers are yet to be filed.

Bengaluru-based voice technology startup Arrowhead has closed a $3 million seed funding round, with Stellaris Venture Partners leading the investment, as the company looks to accelerate the rollout of its AI-driven voice solutions for financial institutions.

The funding round also drew backing from a group of high-profile angel investors, including founders and senior leaders from fintech companies such as CRED, M2P, Turtlemint, and Kissht, industry sources said.

Arrowhead plans to deploy the fresh capital towards advancing its core AI capabilities, strengthening its engineering and go-to-market teams, and expanding the reach of its voice automation platform across key financial services use cases.

Founded in 2022 by Devyani Gupta and Vengadanathan Srinivasan, the startup focuses on building conversational voice agents that can independently manage extended and nuanced interactions. Its technology is designed to support banks, NBFCs, and fintech companies in areas such as sales, renewals, collections, and customer support, enabling them to scale operations without compromising on conversation quality.

The company claims its voice agents can sustain natural conversations for up to 20 minutes, seamlessly handle language switching, and integrate with enterprise systems like CRMs and internal databases. Arrowhead also reports materially higher conversion rates compared to traditional human-led call operations.

According to the startup, several financial institutions have already moved beyond trial deployments and are integrating its voice agents into live workflows.

The startup currently serves more than 50 clients, including Paytm, Aditya Birla Capital, Bank of Baroda Cards, and InsuranceDekho, and saw a sharp rise in recurring revenue in the latter half of 2025.

Pibit.AI has raised $7 million in its Series A round led by Stellaris Venture Partners, with participation from Y Combinator and Arali Ventures.

The company will use the funding to build its Centralized Underwriting Risk Environment (CURE) and increase adoption across insurance carriers. It will also expand its product and engineering teams over the next year.

Founded in 2020 by Akash Agarwal and Karan Bedi, Pibit.AI works on simplifying commercial insurance underwriting. The company operates from San Francisco and Bengaluru and is backed by Y Combinator and Tides Business Incubator at IIT Roorkee.

Pibit.AI focuses on helping insurers convert unstructured submission documents into structured data that can be used for risk evaluation. Its platform processes loss runs, ACORD forms, PDFs, and images to support faster decisions for underwriters.

The company’s core product is the CURE platform, which brings the entire underwriting workflow into one environment. DocumentCURE structures and cleans documents. CleanCURE organizes messy files and ensures system compatibility. WorkflowCURE automates the submission-to-quote process. RiskCURE provides clear risk scores and signals to guide underwriters.

Pibit.AI aims to support underwriting teams, reduce operational load, and help insurers issue policies with greater efficiency.