About Truebook
Truebook is a Technology company based in Ahmedabad (India) founded in 2017. It offers invoice management software to streamline business financial operations. It operates on a B2B model. Its Indian entity Truebook Technologies Private Limited reported revenue of ₹85.9 Lakh. Its focus areas include Software Solutions, Financial Management and Invoice Processing. Its competitors include Qonto, Melio, Lili, Settle and Baiwang and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Truebook offers invoice management software to streamline business financial operations, focusing on leveraging cutting-edge technology, providing software for education, financial management, and invoice processing. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Ahmedabad, India
- SectorsTechnology
- Website truebook.in
- Social Facebook
- Legal Name Truebook Technologies Private Limited
- Date of Incorporation 28 Aug, 2017
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹85.9 Lakh
FY 2024 · 0% YoY
- Net Profit₹3.4 Lakh
FY 2024 · 4% margin
- EBITDA₹8.3 Lakh
FY 2024 · 10% margin
Associated legal entities of Truebook
Truebook operates through Truebook Technologies 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 |
|---|---|---|---|---|---|---|---|
| Truebook Technologies Private Limited CIN U72900GJ2017PTC098844 | Active | 28 Aug 2017 | Ahmedabad, Gujarat | ₹0.9 Cr | – | 2 | View details |
Board of directors of Truebook Technologies Private Limited (Truebook)
Truebook Technologies Private Limited is the primary company behind Truebook. The board of Truebook Technologies Private Limited currently have 2 directors; the longest-serving is Priyanka Amit Sharma, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Priyanka Amit Sharma DIN 07855665 | Director | 28 Aug 2017 | 9 yrs 1 mo | Truebook Technologies Private Limited |
| Jyoti Kakade DIN 07015302 | Director | 28 Aug 2017 | 9 yrs 1 mo | Truebook Technologies Private Limited |
Financials of Truebook
Figures of Truebook Technologies Private Limited, the primary company behind Truebook, for FY 2024. Revenue was ₹85.9 Lakh (0% year on year). Net profit was ₹3.4 Lakh (4% margin). EBITDA was ₹8.3 Lakh (10% margin). Revenue has grown at a compounded annual rate of +4% over three years and +8% over five years.
- ₹85.9 LakhRevenue · FY 2024 · 0% YoY
- ₹3.4 LakhNet profit · 4% margin
- ₹8.3 LakhEBITDA · 10% margin
- ₹1 LakhPaid-up capital
- +4%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Truebook Technologies Private Limited are on its company page.
Detailed financial statements for Truebook
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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Verified entity values are shown only after access is granted.
Competitors of Truebook
Truebook has 9 listed competitors in our database, 8 of them funded. They include Qonto, Melio, Lili, Settle and Baiwang, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| qonto.com | 2017 | Paris, France | $717.15M | – | Subscription-based online banking is offered to SMEs and freelancers. | |
| melio.tech | 2018 | Santa Clara, United States | $4.25M | – | Blood-based pathogen detection devices are manufactured for healthcare applications. | |
| lili.co | 2018 | New York, United States | $80M | – | Digital banking services are offered to freelancers. | |
| settle.com | 2019 | San Francisco, United States | $91M | – | Cloud-based cash flow management is provided for payers and vendors. | |
| baiwang.com | 2015 | Beijing, China | $147.4M | – | Electronic invoicing and invoice management services are provided to businesses. | |
| routable.com | 2016 | San Francisco, United States | $47.68M | – | Online invoicing and payment software is provided for businesses. | |
| cashinvoice.in | 2018 | Mumbai, India | $6.64M | 91 | Online platform offering cash flow automation and business loans | |
| versapay.com | 2006 | Miami, United States | – | – | Cloud-based B2B accounts receivable solutions are offered. | |
| tradeshift.com | 2010 | San Francisco, United States | $1.24B | – | Cloud-based source-to-pay management solutions are provided for businesses. |
Detailed competitors of Truebook
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as Truebook (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, Ile de France, France | USD 717.15 M | USD 171.7 M | 2,457 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | 8,159 |
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Frequently Asked Questions about Truebook
Truebook was founded in 2017.
Truebook is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Truebook, Truebook Technologies Private Limited, reported revenue of ₹85.9 Lakh for FY 2024, down 0% year on year.
Truebook offers invoice management software to streamline business financial operations, focusing on leveraging cutting-edge technology, providing software for education, financial management, and invoice processing. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Truebook operates through Truebook Technologies Private Limited.
The legal entities of Truebook currently have 2 directors, including Priyanka Amit Sharma, Jyoti Kakade.