About TrueGradient
TrueGradient is a company based in Bengaluru (India) founded in 2022 by Jasneet (Jas) Kohli, Namrata Gupta, Ankur Verma, and Siddharth Shahi. It operates as a AI-as-a-Service. TrueGradient has raised $263.57 thousand across 1 funding round from investors including Angel List, Relentless Ventures and Shastra VC. TrueGradient offers products and services including AI Supply Chain Solution. TrueGradient operates in a competitive market with competitors including Blue Yonder, GT Nexus, Amber Road, Descartes and Deposco, among others.
- Headquarter Bengaluru, India
- Founders Jasneet (Jas) Kohli, Namrata Gupta, Ankur Verma, Siddharth Shahi
- Stage Minicorn
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Truegradient Artificial Intelligence Private Limited
- Date of Incorporation 19 Feb, 2023
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$25.92 K (USD)0as on Mar 31, 2024
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Net Profit
$-12.46 K (USD)0as on Mar 31, 2024
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EBITDA
$-12.46 K (USD)0as on Mar 31, 2024
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Total Equity Funding
$263.57 K (USD)
in 1 rounds
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Latest Funding Round
$263.57 K (USD), Seed
Jul 08, 2024
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Investors
Angel List
& 5 more
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Employee Count
Employee Count
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Products & Services of TrueGradient
TrueGradient offers a comprehensive portfolio of products and services, including AI Supply Chain Solution. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-driven tools are provided for supply chain optimization.
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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 Total Funding
- Total Rounds 1
- Last Round Seed — $263,567
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First Round
First Round
(08 Jul 2024)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Seed - TrueGradient | Valuation | Shastra VC |
| 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 |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are provided to early-stage startups across sectors.
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Founded Year | Domain | Location | |
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Investment in Enterprise AI startups is provided by Neon Fund.
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TrueGradient
| 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 - TrueGradient
| 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 |
Truegradient Comparisons
Competitors of TrueGradient
TrueGradient 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 Blue Yonder, GT Nexus, Amber Road, Descartes and Deposco, 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 |
AI and cloud-based supply chain management solutions are provided.
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| domain | founded_year | HQ Location |
Supply chain analytics and management solutions are provided globally.
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| domain | founded_year | HQ Location |
Cloud-based global trade management solutions are provided to enterprises.
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| domain | founded_year | HQ Location |
Cloud-based solutions for transportation and supply chain management are offered.
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| domain | founded_year | HQ Location |
Provider of SaaS-based warehouse management solutions
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| domain | founded_year | HQ Location |
Global supply chain solutions are provided for brands and retailers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 TrueGradient
When was TrueGradient founded?
TrueGradient was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is TrueGradient located?
TrueGradient is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of TrueGradient?
Ankur Verma is the current CEO of TrueGradient. They have also founded this company.
Is TrueGradient a funded 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 08, 2024.
What is the annual revenue of TrueGradient?
Annual revenue of TrueGradient is $25.92K as on Mar 31, 2024.
What does TrueGradient do?
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.
Who are the top competitors of TrueGradient?
TrueGradient's top competitors include Blue Yonder, Descartes and GT Nexus.
What products or services does TrueGradient offer?
TrueGradient offers AI Supply Chain Solution.
Who are TrueGradient's investors?
TrueGradient has 6 investors. Key investors include Angel List, Relentless Ventures, Shastra VC, Neon Fund, and Waao Partners.
What is TrueGradient's valuation?
The valuation of TrueGradient is $3.53M as of Jul 2024.