About TruCard
TruCard is a Financial Services company based in Delhi (India) founded in 2016 by Syed Kamran. A platform providing stablecoins backed by gold and silver for secure digital transactions. It operates on a B2C model. Its chief executive, as recorded, is Syed Kamran. Its Indian entity Trucard Info Solutions Private Limited reported revenue of ₹4.1 Lakh. Its focus areas include Finance, Cryptocurrency, Stablecoins and Asset-Backed Digital Assets. Its competitors include CityCash, PhoneParLoan and Anvi; 2 of its 3 listed competitors have raised funding.
Company details
TruCard a platform providing stablecoins backed by gold and silver for secure digital transactions through finance, dealing with cryptocurrency, stablecoins, and asset-backed digital assets. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Delhi, India
- Founders Syed Kamran
- SectorsFinancial Services
- Website trucard.biz
- Legal Name Trucard Info Solutions Private Limited
- Date of Incorporation 11 Feb, 2016
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹4.1 Lakh
FY 2024 · -99% YoY
- Net Loss-₹60.1 Lakh
FY 2024 · -1484% margin
- EBITDA-₹37.5 Lakh
FY 2024 · -926% margin
Associated legal entities of TruCard
TruCard operates through Trucard Info Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Trucard Info Solutions Private Limited CIN U74900DL2016PTC290936 | Active | 11 Feb 2016 | New Delhi, Delhi | ₹0.0 Cr | 4 | View details |
Board of directors of Trucard Info Solutions Private Limited (TruCard)
Trucard Info Solutions Private Limited is the primary company behind TruCard. The board of Trucard Info Solutions Private Limited currently have 4 directors; the longest-serving is Syed Kamran Razvi, appointed in 2016. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Syed Kamran Razvi DIN 01089428 | Director | 11 Feb 2016 | 10 yrs 8 mo | Trucard Info Solutions Private Limited |
| Farina Iqrar DIN 07953591 | Director | 03 May 2018 | 8 yrs 5 mo | Trucard Info Solutions Private Limited |
| Shakeel Ahmed Faridi DIN 01908797 | Additional Director | 08 Jan 2022 | 4 yrs 9 mo | Trucard Info Solutions Private Limited |
| Sachin Khandelwal DIN 00055621 | Additional Director | 16 Feb 2022 | 4 yrs 8 mo | Trucard Info Solutions Private Limited |
People of TruCard
1 people are tracked at TruCard (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for TruCard
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of TruCard
Figures of Trucard Info Solutions Private Limited, the primary company behind TruCard, for FY 2024. Revenue was ₹4.1 Lakh (-99% year on year). Net loss was -₹60.1 Lakh (-1484% margin). EBITDA was -₹37.5 Lakh (-926% margin). Revenue has grown at a compounded annual rate of -41% over three years and +52% over five years.
- ₹4.1 LakhRevenue · FY 2024 · -99% YoY
- -₹60.1 LakhNet loss · -1484% margin
- -₹37.5 LakhEBITDA · -926% margin
- ₹1 LakhPaid-up capital
- -41%Revenue CAGR, 3 years
- +52%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Trucard Info Solutions Private Limited are on its company page.
Detailed financial statements for TruCard
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of TruCard
TruCard has 3 listed competitors in our database, 2 of them funded. They include CityCash, PhoneParLoan and Anvi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| citycash.in | 2017 | Mumbai, India | $4.73M | 41 | Tap-to-pay solutions are developed for retail, transit, and government payments. | |
| phoneparloan.in | 2015 | Delhi, India | $611,171 | Personal loans are provided via an online marketplace for consumers. | ||
| anvi.ai | 2022 | Delhi, India | Provides AI-driven banking, payments, loans, and financial inclusion for unbanked individuals. |
Detailed competitors of TruCard
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- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about TruCard
TruCard was founded in 2016.
TruCard is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Syed Kamran is the CEO of TruCard, as recorded in our data. They have also founded this company.
The primary company behind TruCard, Trucard Info Solutions Private Limited, reported revenue of ₹4.1 Lakh for FY 2024, down 99% year on year.
TruCard a platform providing stablecoins backed by gold and silver for secure digital transactions through finance, dealing with cryptocurrency, stablecoins, and asset-backed digital assets. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
TruCard's top competitors include CityCash, PhoneParLoan and Anvi.
TruCard operates through Trucard Info Solutions Private Limited.
The legal entities of TruCard currently have 4 directors, including Syed Kamran Razvi, Sachin Khandelwal, Farina Iqrar and others.