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Truebil
company
About
Truebil is a team of young, highly motivated professionals who strive to help you buy and sell used cars in the simplest way possible.
- 101 - 250
Details
- Last Funding Type
- Series A
- Last Funding Money Raised
- $2M
- Industries
- Automotive,E-Commerce
- Founded date
- Jan 1, 2015
- Number Of Employee
- 101 - 250
- Operating Status
- Active
After working for a year, one of us decided to buy himself a stylish car. But with a budget of 3-4 lakhs it was not possible to get a sedan. So he started exploring this used car market and realized that these deals are actually value for money. But the entire process of shortlist, inspection, test drive and legal proceedings was way too much for a busy young professional. The lack of a one-stop solution for used cars motivated us to take this leap and build one ourselves
Funding Rounds
Number of Funding Rounds
Total Funding Amount
3
$7.14M ₹1B
Truebil has raised a total of
$7.14M ₹1B
in funding over 2 rounds. Their latest funding was raised on
Jan 22, 2019 from a Series B round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jan 22, 2019 | Series B | ₹1B | 1 | — | — | Detail |
| Oct 16, 2018 | Series A | $2M | 1 |
Kalaari Capital
|
— | Detail |
| Jan 29, 2016 | Series A | $5.14M | 1 |
Kalaari Capital
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
2
1
Truebil is funded by 1 investors.
Kalaari Capital
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Kalaari Capital
|
— | Series B |
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