About TrueGradient
TrueGradient is a Technology company based in Bengaluru (India) founded in 2022 by Jasneet (Jas) Kohli, Namrata Gupta, Ankur Verma, and Siddharth Shahi. AI and SaaS solutions for supply chain management are provided. It operates on a AI-as-a-Service model. TrueGradient has raised $263.57 thousand across 1 funding round from investors including Angel List, Relentless Ventures and Shastra VC. TrueGradient was last valued at $3.53 million in July 2024. Its chief executive, as recorded, is Ankur Verma. Its Indian entity Truegradient Artificial Intelligence Private Limited reported revenue of ₹51.8 Lakh. TrueGradient offers products and services including AI Supply Chain Solution. Its focus areas include Artificial Intelligence and Supply Chain AI.
Company details
Supply chain solutions powered by artificial intelligence are developed by TrueGradient. Focus is placed on optimizing logistics and operational efficiency. Sectors such as manufacturing and retail are primarily served. Advanced algorithms are utilized to enhance decision-making processes. Scalable tools are provided to address complex supply chain challenges. Innovation in predictive analytics is emphasized for better forecasting.
- Headquarters Bengaluru, India
- Founders Jasneet (Jas) Kohli, Namrata Gupta, Ankur Verma, Siddharth Shahi
- Stage Minicorn
- SectorsTechnology
- Website truegradient.ai
- Social LinkedIn
- Legal Name Truegradient Artificial Intelligence Private Limited
- Date of Incorporation 19 Feb, 2023
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹51.8 Lakh
FY 2025 · +141% YoY
- Net Loss-₹55.3 Lakh
FY 2025 · -107% margin
- EBITDA-₹55.3 Lakh
FY 2025 · -107% margin
- Total Equity Funding$263.57K (USD)
in 1 rounds
- Latest Funding Round$263.57K (USD), Seed
Jul 2024
- InvestorsAngel List
& 5 more
Associated legal entities of TrueGradient
TrueGradient operates through Truegradient Artificial Intelligence Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Truegradient Artificial Intelligence Private Limited CIN U62012KA2023PTC170737 | Active | 19 Feb 2023 | Bangalore, Karnataka | ₹0.5 Cr | 3 | View details |
Products & Services of TrueGradient
TrueGradient offers a comprehensive portfolio of products and services, including AI Supply Chain Solution.
AI-driven tools are provided for supply chain optimization.
Funding Insights of TrueGradient
TrueGradient has successfully raised a total of $263.57K through 1 strategic funding round. The most recent funding activity was a Seed round of $263.57 thousand completed in July 2024. 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.
- Total Funding $263,567
- Total Rounds 1
- Last Round Seed — $263,567
- First Round $263,567
(Jul 2024)
- Investors Count 6
All 1 funding rounds of TrueGradient with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2024 | $263,567 | Seed | $3.53M | Shastra VC |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2024 | $3.53M | •••••••• |
Last known valuation $3.53M (Jul 2024). 6 investors in total: 5 institutional and 1 angel.
Investors in TrueGradient
TrueGradient has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Relentless Ventures and Shastra VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are provided to early-stage startups across sectors. | shastra.vc | Bengaluru, India | ||
Investment in Enterprise AI startups is provided by Neon Fund. | neon.fund | Bengaluru, India | ||
Venture capital fund focused on multiple sectors | waaopartners.tcc.mode | Ahmedabad, India | ||
Venture capital firm offering funding and mentorship to early-stage startups. | relentless.ventures | Bengaluru, India | ||
Alternative investment platform for startups and investors is operated. | 2010 | angellist.com | San Francisco, United States | |
AV Akash Verma | unknown_d9ec541b50774d6d9 |
Investor details for TrueGradient
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Truegradient Artificial Intelligence Private Limited (TrueGradient)
Truegradient Artificial Intelligence Private Limited is the primary company behind TrueGradient. The board of Truegradient Artificial Intelligence Private Limited currently have 3 directors; the longest-serving is Siddharth Shahi, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Siddharth Shahi DIN 10050078 | Director | 19 Feb 2023 | 3 yrs 8 mo | Truegradient Artificial Intelligence Private Limited |
| Namrata Gupta DIN 10050079 | Director | 19 Feb 2023 | 3 yrs 8 mo | Truegradient Artificial Intelligence Private Limited |
| Ankur Verma DIN 11138867 | Individual Subscriber | 19 Feb 2023 | 3 yrs 8 mo | Truegradient Artificial Intelligence Private Limited |
People of TrueGradient
4 people are tracked at TrueGradient (4 in leadership).
| Name | Role | Group |
|---|---|---|
Jasneet (Jas) Kohli | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for TrueGradient
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 TrueGradient
Figures of Truegradient Artificial Intelligence Private Limited, the primary company behind TrueGradient, for FY 2025. Revenue was ₹51.8 Lakh (+141% year on year). Net loss was -₹55.3 Lakh (-107% margin). EBITDA was -₹55.3 Lakh (-107% margin).
- ₹51.8 LakhRevenue · FY 2025 · +141% YoY
- -₹55.3 LakhNet loss · -107% margin
- -₹55.3 LakhEBITDA · -107% margin
- ₹11,640Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Truegradient Artificial Intelligence Private Limited are on its company page.
Detailed financial statements for TrueGradient
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.
Timeline of TrueGradient
3 dated milestones of TrueGradient across 2 years, from founding to its latest funding, stage changes and deals.
- Founded TrueGradient is founded.
- Funding First funding round of $264K.
- Milestone Reaches Minicorn status.
Web traffic of TrueGradient
The website of TrueGradient (truegradient.ai) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 2.6% vs previous month
Top companies in Procurement & Supply Chain IT
2 companies that operate in the same segment as TrueGradient (Procurement & Supply Chain IT) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of supply chain financing solutions for small and medium enterprises | 2017 | Mumbai, Maharashtra, India | USD 269.95 M | USD 48.5 M | 1,506 | |
Provider of working capital and supply chain finance solutions for businesses | 2017 | Mumbai, Maharashtra, India | USD 62 M | USD 2.85 M | 181 |
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Frequently Asked Questions about TrueGradient
TrueGradient was founded in 2022 and raised its 1st funding round 2 years after it was founded.
TrueGradient is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ankur Verma is the CEO of TrueGradient, as recorded in our data. They have also founded this company.
TrueGradient is a funded company, having raised a total of $263.57K across 1 funding round to date. The company's 1st funding round was a Seed of $263.57K, raised on Jul 2024.
The primary company behind TrueGradient, Truegradient Artificial Intelligence Private Limited, reported revenue of ₹51.8 Lakh for FY 2025, up 141% year on year.
Supply chain solutions powered by artificial intelligence are developed by TrueGradient. Focus is placed on optimizing logistics and operational efficiency. Sectors such as manufacturing and retail are primarily served. Advanced algorithms are utilized to enhance decision-making processes. Scalable tools are provided to address complex supply chain challenges. Innovation in predictive analytics is emphasized for better forecasting.
TrueGradient offers AI Supply Chain Solution.
TrueGradient has 6 investors. Key investors include Angel List, Relentless Ventures, Shastra VC, Neon Fund, and Waao Partners.
The valuation of TrueGradient is $3.53M as of Jul 2024.
TrueGradient operates through Truegradient Artificial Intelligence Private Limited.
The legal entities of TrueGradient currently have 3 directors, including Siddharth Shahi, Namrata Gupta, Ankur Verma.