About TruCard
TruCard is a company based in Delhi (India) founded in 2016 by Syed Kamran. It operates as a B2C. TruCard operates in a competitive market with competitors including CityCash, PhoneParLoan, Anvi, FYOOL and Fab Money, among others.
- Headquarter Delhi, India
- Founders Syed Kamran
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Sectors
Financial Services
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Phone
*********
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Website
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- Legal Name Trucard Info Solutions Private Limited
- Date of Incorporation 11 Feb, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$41.87 K (USD)76.58as on Mar 31, 2022
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Net Profit
$-74.31 K (USD)-1194.71as on Mar 31, 2022
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EBITDA
$-43.35 K (USD)-203.21as on Mar 31, 2022
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of TruCard
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by TruCard
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - TruCard
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Trucard Comparisons
Competitors of TruCard
TruCard operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CityCash, PhoneParLoan, Anvi, FYOOL and Fab Money, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Tap-to-pay solutions are developed for retail, transit, and government payments.
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| domain | founded_year | HQ Location |
Personal loans are provided via an online marketplace for consumers.
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| domain | founded_year | HQ Location |
Provides AI-driven banking, payments, loans, and financial inclusion for unbanked individuals.
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| domain | founded_year | HQ Location |
A reward points system that credits users for every transaction to encourage loyalty.
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| domain | founded_year | HQ Location |
Prepaid card providing 1% cashback on everyday purchases at local and national brands.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about TruCard
When was TruCard founded?
TruCard was founded in 2016.
Where is TruCard located?
TruCard is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of TruCard?
Syed Kamran is the current CEO of TruCard. They have also founded this company.
What is the annual revenue of TruCard?
Annual revenue of TruCard is $41.87K as on Mar 31, 2022.
What does TruCard do?
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.
Who are the top competitors of TruCard?
TruCard's top competitors include CityCash, PhoneParLoan and FYOOL.