True Blue Asset Services

Hyderabad, India Founded: 2019 • Age: 7 yrs
Financing is provided for construction, mining equipment, and commercial vehicles.
Annual revenue $9.7M Latest available
Total funding $1.2M 1 rounds
Employees 82 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About True Blue Asset Services

True Blue Asset Services is a company based in Hyderabad (India) founded in 2019. True Blue Asset Services has raised $1.23 million across 1 funding round from investors including Pmf Infra Equipment Company. The company has 82 employees as of April 09, 2024. True Blue Asset Services operates in a competitive market with competitors including Hinduja Leyland Finance, Sundaram Finance, National Asset Reconstruction, GE Capital and Skootr FinSave, among others.

  • Headquarter Hyderabad, India
  • Employees 82 as on 09 Apr, 2024
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name True Blue Asset Services Private Limited
  • Date of Incorporation 10 Jul, 2019
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $9.73 M (USD)
    -11.16
    as on Mar 31, 2023
  • Net Profit
    $17.1 K (USD)
    62.7
    as on Mar 31, 2023
  • EBITDA
    -$76.23 K (USD)
    -120.69
    as on Mar 31, 2023
  • Total Equity Funding
    $1.23 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.23 M (USD), Seed

    Nov 11, 2022

  • Investors
  • Employee Count
    82

    as on Apr 09, 2024

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Funding Insights of True Blue Asset Services

True Blue Asset Services has successfully raised a total of $1.23M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.23 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in True Blue Asset Services

True Blue Asset Services has secured backing from 1 investor. Prominent investors backing the company include Pmf Infra Equipment Company.

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Investor Description Founded Year Domain Location
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Investments & Acquisitions by True Blue Asset Services

Investments
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Investment portfolio details for True Blue Asset Services

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Financial Statements - True Blue Asset Services

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Detailed financials for True Blue Asset Services

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True Blue Asset Services Comparisons

True Blue Asset Services Primary company
Description
Financing is provided for construction, mining equipment, an...
Location
Hyderabad, India
Founded Year
2019
Annual Revenue
$9.73 M (USD)
Net Profit
$17.1 K (USD)
EBITDA
-$76.23 K (USD)
Employees
82
As of 2024
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Peer comparison for True Blue Asset Services

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Competitors of True Blue Asset Services

True Blue Asset Services 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 Hinduja Leyland Finance, Sundaram Finance, National Asset Reconstruction, GE Capital and Skootr FinSave, among others.

Company Name Domain Founded year HQ Location Description
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Vehicle and housing finance products are offered across India.
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Provider of consumer & SME loans and equipment & vehicle leasing services
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Non-banking financial institution tasked with cleaning up legacy stressed assets
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Commercial aircraft and equipment leasing and lending services are provided.
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Equipment leasing solutions for managed offices and workspaces are provided.
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Financing and leasing services are provided to clients in India.
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Detailed competitors of True Blue Asset Services

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Latest news on True Blue Asset Services

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Complete news archive for True Blue Asset Services

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Frequently Asked Questions about True Blue Asset Services

True Blue Asset Services was founded in 2019 and raised its 1st funding round 3 years after it was founded.

True Blue Asset Services is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

V V Ramana is the current CEO of True Blue Asset Services.

True Blue Asset Services is a funded company, having raised a total of $1.23M across 1 funding round to date.

As of Apr 09, 2024, the latest employee count at True Blue Asset Services is 82.

Annual revenue of True Blue Asset Services is $9.73M as on Mar 31, 2023.

True Blue Asset Services was established in 2019 in Hyderabad, India, within the financial services sector. Loans and financing options are extended to clients for acquiring new and used construction and mining equipment, as well as commercial vehicles. Operations focus on asset-based lending to support equipment procurement in industrial and transportation fields, with services delivered primarily in the Indian market under the leadership of CEO V V Ramana.

True Blue Asset Services's top competitors include Hinduja Leyland Finance, Sundaram Finance and GE Capital.

True Blue Asset Services has 1 investor. Key investors include Pmf Infra Equipment Company.

The valuation of True Blue Asset Services is $12.41M as of Nov 2022.

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