Tag Archives: Truebil

Truebil bets big on used-car market growth, looks to grow 5x this year

Mumbaikars do not like black cars, but those, especially burly SUVs, sell like hot cakes in Delhi. Likewise, cars from South Mumbai find few takers, thanks to multiple stories about rust eating into the vehicles because of the area’s close proximity to the sea. These are few of the crucial analytical tools used by online marketplace Truebil.com, which sells used ... Read More »

Used car platform Truebil raises ₹100 crore

Omni-channel platform for buying and selling used cars Truebil has raised ₹100 crore in Series B round through a mix of equity and debt. With this round, the total funds raised by Truebil stands at ₹160 crore. The latest round was led by leading Japanese investor Joe Hirao, founder of Tokyo-based classified website ZIGExN. Existing investors Kalari, Inventus, Kae, Shunwei, and Tekton ... Read More »