Asset performance management platform TruBoard Partners has raised Rs 20 crore (around $2.2 million) in a funding round led by Earth Fund, an environment- and sustainability-focused venture capital platform. Existing investors also participated in the round.
The Mumbai-based company had earlier raised $2.83 million from Polestar Capital and other backers.
According to the company, the newly raised capital will be deployed to strengthen its core product stack while scaling the platform in a calibrated manner across multiple asset classes, enabling TruBoard Partners to further enhance its technology capabilities and expand its global footprint across real estate, clean energy, and financial asset portfolios.
Founded in 2020 by Srickant Rajagopal, Nandkumar Surti, and Vipul Thakore, TruBoard Partners offers an AI- and data-driven asset performance management (APM) platform that delivers portfolio-level intelligence to lenders, equity investors, and asset owners.
The platform provides end-to-end visibility into investment performance, operational metrics, and risk parameters across real and financial assets.
TruBoard’s software is designed to support complex, multi-asset portfolios spanning real estate, renewable energy, and financial assets. The company said its platform is currently used by investors and operators managing portfolios across India, with recent expansions into the US and European markets.
The company works closely with developers, institutional investors, and lenders, offering a common operating layer that enables portfolio monitoring across both debt and equity structures. Its solutions aim to bring structure and transparency to post-investment asset tracking, an area that remains fragmented in India’s real asset ecosystem.
By converting disparate technical, financial, and compliance data into actionable insights, TruBoard claims its platform can compress asset monitoring timelines from months to days, improve risk management, and help asset owners generate 2–3% higher portfolio returns.
