Private Equity

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Asset performance mgmt enabler Truboard Partners raises Rs.20-Cr led by Earth Fund

Entrepreneur   Truboard Partners   Truboard Partners  

Mumbai-based Truboard Partners has raised INR 20 crore (USD 2.2 million) in a funding round led by Earth Fund. The company had previously raised USD 2.83 million from Polestar Capital and other investors.Founded in 2020 by Srickant Rajagopal, Nandkumar Surti, and Vipul Thakore, Truboard Partners offers AI-driven asset performance management software that provides portfolio intelligence to lenders, equity investors, and asset owners managing real and financial assets.The company plans to use the new funds to strengthen its product foundation and scale the platform across various asset classes.

For FY24, TruBoard Partners had reported about INR 35.72 Cr in Operating Income and about INR 21.93 Cr in Net Loss.