Truebil: Difference between revisions
Content deleted Content added
Removing the promotional tonality. Updated the article with latest information |
m Adding more references and neutralising the article |
||
| Line 1: | Line 1: | ||
{{COI|date=January 2018}} |
{{COI|date=January 2018}} |
||
{{advert|date=January 2018}} |
{{advert|date=January 2018}} |
||
Truebil.com is a Mumbai based [[marketplace]] for trading used cars in major Indian cities like [[Mumbai]], [[Bangalore]] and [[Delhi]], launched on 13th March 2015 |
Truebil.com is a Mumbai based virtual [[marketplace]] for trading used cars in major Indian cities like [[Mumbai]], [[Bangalore]] and [[Delhi]], launched on 13th March 2015<ref name=":0">{{Cite news|url=http://techcircle.vccircle.com/2017/02/16/used-car-marketplace-truebil-raises-3-mn-from-chinese-vc-fund/|title=Used car marketplace Truebil raises $3 mn from Chinese VC fund|date=2017-02-16|work=Techcircle.in - India startups, internet, mobile, e-commerce, software, online businesses, technology, venture capital, angel, seed funding|access-date=2018-01-16|language=en-US}}</ref>. Truebil uses AI [[Artificial intelligence|(artificial intelligence)]] algorithms to predict the ideal price of used cars based on various parameters like the condition of the car, geographical and seasonal factors. <ref>{{Cite news|url=https://www.exchange4media.com/marketing/guest-column-how-can-the-used-car-industry-can-use-ai-in-their-marketing-to-scale-up-shubh-bansal-truebil_87096.html|title=Guest Column: How can the used car industry can use AI in their marketing to scale up: Shubh Bansal, Truebil|work=Indian Advertising Media & Marketing News – exchange4media|access-date=2018-03-23|language=en-US}}</ref><ref>{{Cite news|url=http://www.business-standard.com/article/news-ani/startups-in-india-that-are-leading-the-race-in-ai-in-2017-117120200491_1.html|title=Startups in India that are leading the race in AI in 2017|last=ANI|date=2017-12-02|work=Business Standard India|access-date=2018-03-23}}</ref> |
||
== History == |
== History == |
||
| Line 11: | Line 11: | ||
== Services == |
== Services == |
||
Truebill offers features like valuation, quick sell guarantee, vehicle buying consulting, smooth paper transfer, loan assistance and insurance, among others.<ref>{{Cite news|url=https://economictimes.indiatimes.com/small-biz/startups/online-marketplace-for-used-vehicles-truebil-launches-operations-in-bengaluru/articleshow/55581894.cms|title=Online marketplace for used vehicles Truebil launches operations in Bengaluru|last=Srinivasan|first=Supraja|date=2016-11-23|work=The Economic Times|access-date=2018-01-16}}</ref> It is ideally a full stack online to offline transactional platform with two major offerings |
Truebill offers features like valuation, quick sell guarantee, vehicle buying consulting, smooth paper transfer, loan assistance and insurance, among others.<ref>{{Cite news|url=https://economictimes.indiatimes.com/small-biz/startups/online-marketplace-for-used-vehicles-truebil-launches-operations-in-bengaluru/articleshow/55581894.cms|title=Online marketplace for used vehicles Truebil launches operations in Bengaluru|last=Srinivasan|first=Supraja|date=2016-11-23|work=The Economic Times|access-date=2018-01-16}}</ref> It is ideally a full stack online to offline transactional platform with two major offerings |
||
* '''Curated Marketplace''' – Acts as a curated marketplace for customers who can choose used cars from a variety of sources.<ref>{{Cite news|url=http://techcircle.vccircle.com/2017/02/16/used-car-marketplace-truebil-raises-3-mn-from-chinese-vc-fund|title=Used car marketplace Truebil raises $3 mn from Chinese VC fund|date=2017-02-16|work=Techcircle.in - India startups, internet, mobile, e-commerce, software, online businesses, technology, venture capital, angel, seed funding|access-date=2018-01-16|language=en-US}}</ref> |
* '''Curated Marketplace''' – Acts as a curated marketplace for customers who can choose used cars from a variety of sources. It vets & refurbishes cars after procuring them from sellers and allows customers to choose from a huge variety of these refurbished cars<ref>{{Cite news|url=http://techcircle.vccircle.com/2017/02/16/used-car-marketplace-truebil-raises-3-mn-from-chinese-vc-fund|title=Used car marketplace Truebil raises $3 mn from Chinese VC fund|date=2017-02-16|work=Techcircle.in - India startups, internet, mobile, e-commerce, software, online businesses, technology, venture capital, angel, seed funding|access-date=2018-01-16|language=en-US}}</ref> |
||
* '''Truebil Direct''' – Launched in November 2016, this model enables customers to buy refurbished cars directly from offline stores of Truebil located in Delhi, Mumbai, and Bangalore. The company then handles all paperwork related to ownership transfer, loan and insurance.<ref>{{Cite news|url=http://bwdisrupt.businessworld.in/article/Truebil-s-Co-Founder-Shubh-Bansal-Reveals-Plans-to-Move-to-Tier-1-2-Cities-/05-05-2017-117501|title=Truebil s Co Founder Shubh Bansal Reveals Plans to Move to Tier 1 2 Cities|last=Gupta|first=Soumya|work=BW Disrupt|access-date=2018-01-16|language=en}}</ref> |
* '''Truebil Direct''' – Launched in November 2016, this model enables customers to buy refurbished cars directly from offline stores of Truebil located in Delhi, Mumbai, and Bangalore. The company then handles all paperwork related to ownership transfer, loan and insurance.<ref>{{Cite news|url=http://bwdisrupt.businessworld.in/article/Truebil-s-Co-Founder-Shubh-Bansal-Reveals-Plans-to-Move-to-Tier-1-2-Cities-/05-05-2017-117501|title=Truebil s Co Founder Shubh Bansal Reveals Plans to Move to Tier 1 2 Cities|last=Gupta|first=Soumya|work=BW Disrupt|access-date=2018-01-16|language=en}}</ref> |
||
* '''Payment via Bitcoins''' - Truebil has collaborated with Unocoin to accept payments through bitcoins. Buyers can use Unocoin's PoS application to complete the transaction using bitcoins <ref>{{Cite news|url=http://www.business-standard.com/article/news-ani/truebil-unocoin-join-hands-to-enhance-relevance-of-digital-payments-118030600769_1.html?lipi=urn:li:page:d_flagship3_company_admin;bLpAm08dSqCmpCenszKu5w==&licu=urn:li:control:d_flagship3_company_admin-object|title=Truebil, Unocoin join hands to enhance relevance of digital payments|last=ANI|date=2018-03-06|work=Business Standard India|access-date=2018-03-21}}</ref><ref>{{Cite news|url=https://www.cartoq.com/you-can-now-buy-used-cars-in-india-through-bitcoin/|title=You can now buy used cars in India through Bitcoin|date=2018-03-08|work=CarToq - India’s #1 auto content site|access-date=2018-03-21|language=en-US}}</ref> |
* '''Payment via Bitcoins''' - Truebil has collaborated with Unocoin to accept payments through bitcoins. Buyers can use Unocoin's PoS application to complete the transaction using bitcoins <ref>{{Cite news|url=http://www.business-standard.com/article/news-ani/truebil-unocoin-join-hands-to-enhance-relevance-of-digital-payments-118030600769_1.html?lipi=urn:li:page:d_flagship3_company_admin;bLpAm08dSqCmpCenszKu5w==&licu=urn:li:control:d_flagship3_company_admin-object|title=Truebil, Unocoin join hands to enhance relevance of digital payments|last=ANI|date=2018-03-06|work=Business Standard India|access-date=2018-03-21}}</ref><ref>{{Cite news|url=https://www.cartoq.com/you-can-now-buy-used-cars-in-india-through-bitcoin/|title=You can now buy used cars in India through Bitcoin|date=2018-03-08|work=CarToq - India’s #1 auto content site|access-date=2018-03-21|language=en-US}}</ref> |
||
Revision as of 11:35, 23 March 2018
 | A major contributor to this article appears to have a close connection with its subject. (January 2018) |
 | This article contains content that is written like an advertisement. (January 2018) |
Truebil.com is a Mumbai based virtual marketplace for trading used cars in major Indian cities like Mumbai, Bangalore and Delhi, launched on 13th March 2015[1]. Truebil uses AI (artificial intelligence) algorithms to predict the ideal price of used cars based on various parameters like the condition of the car, geographical and seasonal factors. [2][3]
History
Truebil was co-founded by seven ex-IITians namely Suraj Kalwani (CEO), Ravi Chirania, Shubh Bansal, Rakesh Raman, Ritesh Pandey, Shanu Vivek and Himanshu Singhal in 2015[1]
Finance/Funding
Multiple investors have invested in Truebil. Kae Capital and angel investor Anupam Mittal invested a sum of $500,000; Kalaari Capital, Inventus Capital and Tekton Ventures pumped $5.15 million as Series-A funding. It have also received an additional $3 million from Shunwei in Follow-on Series A funding[4][5]
Services
Truebill offers features like valuation, quick sell guarantee, vehicle buying consulting, smooth paper transfer, loan assistance and insurance, among others.[6] It is ideally a full stack online to offline transactional platform with two major offerings
- Curated Marketplace – Acts as a curated marketplace for customers who can choose used cars from a variety of sources. It vets & refurbishes cars after procuring them from sellers and allows customers to choose from a huge variety of these refurbished cars[7]
- Truebil Direct – Launched in November 2016, this model enables customers to buy refurbished cars directly from offline stores of Truebil located in Delhi, Mumbai, and Bangalore. The company then handles all paperwork related to ownership transfer, loan and insurance.[8]
- Payment via Bitcoins - Truebil has collaborated with Unocoin to accept payments through bitcoins. Buyers can use Unocoin's PoS application to complete the transaction using bitcoins [9][10]
References
- ^ a b "Used car marketplace Truebil raises $3 mn from Chinese VC fund". Techcircle.in - India startups, internet, mobile, e-commerce, software, online businesses, technology, venture capital, angel, seed funding. 2017-02-16. Retrieved 2018-01-16.
- ^ "Guest Column: How can the used car industry can use AI in their marketing to scale up: Shubh Bansal, Truebil". Indian Advertising Media & Marketing News – exchange4media. Retrieved 2018-03-23.
- ^ ANI (2017-12-02). "Startups in India that are leading the race in AI in 2017". Business Standard India. Retrieved 2018-03-23.
- ^ "Truebil raises Rs 35 crore Series-A funding from Kalaari Capital, Inventus Capital and Tekton Ventures". Economic Times. 29 Jan 2016.
{{cite news}}: Cite has empty unknown parameter:|dead-url=(help) - ^ ANI (2017-02-16). "Truebil raises USD 3 million in Series A funding from Shunwei Capital". Business Standard India. Retrieved 2018-01-16.
- ^ Srinivasan, Supraja (2016-11-23). "Online marketplace for used vehicles Truebil launches operations in Bengaluru". The Economic Times. Retrieved 2018-01-16.
- ^ "Used car marketplace Truebil raises $3 mn from Chinese VC fund". Techcircle.in - India startups, internet, mobile, e-commerce, software, online businesses, technology, venture capital, angel, seed funding. 2017-02-16. Retrieved 2018-01-16.
- ^ Gupta, Soumya. "Truebil s Co Founder Shubh Bansal Reveals Plans to Move to Tier 1 2 Cities". BW Disrupt. Retrieved 2018-01-16.
- ^ ANI (2018-03-06). "Truebil, Unocoin join hands to enhance relevance of digital payments". Business Standard India. Retrieved 2018-03-21.
- ^ "You can now buy used cars in India through Bitcoin". CarToq - India’s #1 auto content site. 2018-03-08. Retrieved 2018-03-21.