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TRUEBIL
Spinny's losses swell to Rs 820 crore in FY23, revenue surges 30XTiger Global-backed Spinny's gross revenue surged 30 times to Rs 3,262 crore in FY23 from Rs 109 crore in FY22, according to its financial ...- Used car startup Spinny lays off around 300 employeesThe layoffs are part of a restructuring exercise that will also see its budget and luxury car offerings — Truebil and Spinny Max — being me...
- Crypto trading platform Crypso raises $3 million in funding from Hashed Emergent, othersCrypso will use the fresh capital to grow its user base and increase the breadth of product offerings and technology.
- Booming used car market creates job rolesCar companies may be battling the slowdown with job cuts. But new opportunities are opening up for auto engineers & diploma holders in orga...
- The cat and mouse game starts in used cars’ online salesOnline ad sites are using AI and other filters to prevent stolen vehicles from getting listed on their platforms, but their efforts are onl...
- Used car marketplace Truebil raises Rs 100 crore in equity and debt financingThis is also second major transaction in the country’s broader online used car listings sector, with Jaipur-based CarDekho announcing a $11...
- Used car market sees 50% growth in a yearAccording to top players in the organised used car market like Mahindra First Choice Wheels, OLX or Truebil, the segment saw a growth rate ...
- Truebil hits Rs 100 crore in annualised revenue run rateThe company`s two year old full stack inventory model, Truebil Direct, has been at the forefront of this growth forming almost 50% of the c...
- Now hiring: 60-year-old interns for startupThe process, which is currently under way, would involve hiring of about eight interns, who are over 60 years of age, with work experience ...
- Truebil cofounder Shubh Bansal's Goan escape: Arambol for being a surfer’s paradiseBansal also loves binge-watching 'Schindler’s List'.
- Shunwei’s slowly taking capital spot in Indian startup ecosystemWith eight investments closed in less than 10 months, the firm is leveraging its learning from the Chinese market and betting on companies ...
- Droom crosses the 1-lakh mark for sellers of used vehicles on its websiteThe startup that, apart from being a portal for new vehicles, is also a platform for sellers to find buyers for their used vehicles.
- Online marketplace for used cars Truebil raises Rs 20 crore from Shunwei CapitalWith this infusion from Shunwei Capital, whose backers include Xiaomi founder Lei Jun, the total capital raised by the firm so far stands a...
- Online marketplace for used vehicles Truebil launches operations in BengaluruThrough the Direct platform which is a full stack inventory model, sellers can sell their vehicles directly to Truebil which in turn, would...
- With big deals in boot, auto portals woo car sellersTruebil is in talks with over 100 dealers of which nearly 45% are actively using its dashboard. Apart from generating revenue from providin...
- Ten best apps to manage your financesOrganising your money can be difficult, especially in tax season. Here are some helpful apps from around the world.
- Auto marketplace Droom extends services to 100 citiesThe company also claimed that the gross merchandise value is more than Rs 1,000 crore presently.
- Truebil raises Rs 35 crore Series-A funding from Kalaari Capital, Inventus Capital and Tekton VenturesTruebil, an online market for buying and selling second-hand cars, has raised Rs 35 crore Series-A funding from venture capital investors.
- Virtues of a large founding team: Why many digital ventures are starting up with many cofoundersWhile having two or three cofounders has been the norm for startups, of late a clutch of ventures is taking it to the limit with up to even...
- Truebil hopes Rs 3.2 crore fund will take it to placesThe company offers end-to-end services, starting from helping customers discover and shortlist the car of their choice, inspection and valu...
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