What Does Truebil Do?

Total employees127
HeadquartersMumbai
Founded2015

Truebil was an online marketplace founded in India in 2015, dedicated to transforming the used car buying and selling experience. It focused on providing transparency, reliability, and convenience through a full-stack model that included vehicle inspections, certifications, and managing the end-to-end transaction process. Truebil aimed to build trust in the fragmented pre-owned car market by offering quality-assured vehicles and fair pricing. In August 2021, Truebil was acquired by Spinny, a larger player in the Indian used car industry. This strategic acquisition aimed to consolidate market share and leverage Truebil's technology and operational capabilities within Spinny's expanding network. Post-acquisition, Truebil's operations and platform have been integrated into Spinny.

Where Is Truebil's Headquarters?

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*Images sourced via web search. Rights belong to original owners

HQ Function

Served as the core center for Truebil's strategic planning, technology development, marketing initiatives, customer support management, and overall business operations for its online used car marketplace.

Notable Features:

As a tech startup, Truebil's headquarters likely featured modern, open, and collaborative workspaces designed to foster innovation and teamwork, typical of contemporary office environments or co-working spaces favored by such companies.

Work Culture:

The work culture at Truebil was characterized by a dynamic, fast-paced startup environment. It emphasized customer-centricity, data-driven decision-making, agility in operations, and a strong focus on solving challenges within the used car industry through technology.

HQ Significance:

Mumbai, as India's financial capital and a major hub for technology startups, provided Truebil with access to a rich talent pool, investment opportunities, and a large, diverse customer base crucial for scaling its operations.

Values Reflected in HQ: The choice of modern, often flexible and collaborative office spaces likely reflected Truebil's core values of innovation, efficiency, transparency, customer trust, and adaptability in a competitive market.

Location:

Truebil's operations were primarily concentrated within India. The company focused on serving major metropolitan areas and cities across the country, including Mumbai, Bengaluru, and Delhi NCR. Its services, including online car listings, inspections, certifications, and transaction support, were tailored specifically for the Indian used car market. Truebil did not have a significant international operational presence outside of India before its acquisition by Spinny.

Street Address:

WeWork Chromium, Jogeshwari - Vikhroli Link Rd, Andheri East (Representative of their operational presence; specific historical addresses may vary)

City:

Mumbai

State/Province:

Maharashtra

Country:

India

Where Else Does Truebil Operate Around the World?

Bengaluru, Karnataka/India

Address: Various operational hubs and vehicle inspection centers spread across Bengaluru (Specific historical addresses varied).

To establish a strong presence and capture market share in Bengaluru, a major technology and automotive hub with high demand for used vehicles.

Delhi NCR/India

Address: Multiple operational centers, customer touchpoints, and inspection facilities across Delhi, Gurgaon, and Noida (Specific historical addresses varied).

To cater to the substantial and diverse customer base and manage the high transaction volume for pre-owned cars in India's capital region and surrounding urban areas.

Buying Intent Signals for Truebil

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Truebil? Meet the Executive Team

As of April 2025, Truebil' leadership includes:

Shubh Bansal - Co-Founder & Chief Executive Officer
Suraj Kalwani - Co-Founder & Chief Operating Officer
Ravi Chirania - Co-Founder & Chief Product Officer
Ritesh Pandey - Co-Founder & Chief Technology Officer
Shanu Vivek - Co-Founder & Head of Marketing
Himanshu Singhal - Co-Founder & Head of Operations
Rakesh Raman - Co-Founder

Who's Investing in Truebil?

Truebil has been backed by several prominent investors over the years, including:

Kae Capital
Kalaari Capital
Inventus Capital Partners
Tekton Ventures
Shunwei Capital
Joe Hirao (Founder of ZIGExN)
FJ Labs
Akatsuki Entertainment Technology Fund (AET Fund)
Dream Incubator
3one4 Capital
Trifecta Capital Advisors (Venture Debt)

What Leadership Changes Has Truebil Seen Recently?

Hire0
Exits0

Following its acquisition by Spinny in August 2021, Truebil's independent executive leadership structure was integrated into Spinny's organization. As such, there have been no public announcements of new hires or exits pertaining specifically to a standalone 'Truebil' entity in the last 12-24 months. The original founding team and key executives transitioned roles, some within the Spinny framework, while others may have moved on to new ventures. The distinct Truebil executive team ceased to operate independently after the acquisition.

What Technology (Tech Stack) Is Used byTruebil?

Discover the tools Truebil uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Truebil Email Formats and Examples

Prior to its acquisition by Spinny, Truebil likely used common email formats typical for tech startups. These usually involve combinations of first name, last name, or initials. Post-acquisition, communications would originate from Spinny's domain.

Historically, common formats included [first_name]@truebil.com or [first_initial][last_name]@truebil.com.

Format

shubh@truebil.com (example, using a founder's name and the historical domain)

Example

60 (This is a predicted success rate for such formats if the domain were still actively and independently used by Truebil. Given the acquisition and redirection of truebil.com, direct emails to this domain are unlikely to be monitored with high efficacy.)%

Success rate

What's the Latest News About Truebil?

The Economic Times Tech • August 2, 2021

Spinny acquires rival used-car platform Truebil

Spinny, a full-stack used car retailing platform, announced its acquisition of Truebil, a competing online marketplace for pre-owned cars, in a cash-and-stock deal. The acquisition was aimed at consolidating Spinny's market position and strengthening its offerings in the burgeoning Indian used car segment by leveraging Truebil's assets and customer base....more

TechCrunch • January 23, 2019

Truebil raises $14M Series B for its used car marketplace in India

Truebil, an India-based online marketplace for used vehicles, secured $14 million in Series B funding. The investment round was led by Japanese investor Joe Hirao, founder of ZIGExN, with participation from existing investors including Kalaari Capital, Inventus Capital, Kae Capital, Shunwei Capital, and Tekton Ventures. The funds were intended for expanding operations and technology....more

VCCircle • June 10, 2015

Truebil.com gets $500K in seed funding from Kae Capital, others

Mumbai-based Paix Technology Pvt Ltd, the company behind the online marketplace for pre-owned cars Truebil.com, raised $500,000 (approximately Rs 3.2 crore at the time) in its seed funding round. The investment came from Kae Capital and angel investors including Anupam Mittal (Founder of People Group) and others, aimed at product development and team expansion....more

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