About TrueHb
TrueHb is a Healthcare company based in Delhi (India) founded in 2009 by Yogita Tikoo and Ambar Srivastava. Portable hemoglobin measurement devices are manufactured for at-home testing. TrueHb has raised $2.48 million across 3 funding rounds from investors including Avendus, Sachin Bansal and Binny Bansal. The company has 30 employees. TrueHb was last valued at $8.48 million in July 2015. Its chief executive, as recorded, is Ambar Srivastava. Its Indian entity Wrig Nanosystems Private Limited reported revenue of ₹47.09 Cr. TrueHb offers products and services including TrueHb Hemoglobin Meter. Its focus areas include Life Sciences, Hematology, In Vitro Diagnostics Tests and Anemia. Its competitors include EzeRx and Biosense; 2 of its 2 listed competitors have raised funding.
- Headquarters Delhi, India
- Employees 30
- Founders Yogita Tikoo, Ambar Srivastava
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Website truehb.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Wrig Nanosystems Private Limited
- Date of Incorporation 05 Nov, 2009
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹47.09 Cr
FY 2025 · -28% YoY
- Net Profit₹90.5 Lakh
FY 2025 · 2% margin
- EBITDA₹2.25 Cr
FY 2025 · 5% margin
- Total Equity Funding$2.48M (USD)
in 3 rounds
- Latest Funding Round$2.34M (USD), Seed
Jul 2015
- InvestorsAvendus
& 30 more
- Employee Count30
Associated legal entities of TrueHb
TrueHb operates through Wrig Nanosystems 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 |
|---|---|---|---|---|---|---|---|
| Wrig Nanosystems Private Limited CIN U73100DL2009PTC195739 | Active | 05 Nov 2009 | New Delhi, Delhi | ₹47.1 Cr | 30 | 3 | View details |
Products & Services of TrueHb
TrueHb offers a comprehensive portfolio of products and services, including TrueHb Hemoglobin Meter.
Portable tool for accurate hemoglobin level checks using one blood drop.
Apps and channels of TrueHb
its YouTube channel TrueHb has 74 subscribers and 17 videos.
Videos from TrueHb
The most watched videos on TrueHb's YouTube channel, TrueHb (74 subscribers). Click a video to play it here.
More on TrueHb.
Funding Insights of TrueHb
TrueHb has successfully raised a total of $2.48M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.34 million completed in July 2015. 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 $2.48M
- Total Rounds 3
- Last Round Seed — $2.34M
- First Round $37,395
(Jan 2012)
- Investors Count 31
All 3 funding rounds of TrueHb 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 2015 | $2.34M | Seed | $8.48M | RoundGlass | |
| Mar 2015 | $96,775 | Angel Round | $1.69M | Manas Fuloria, Manas Chandra Fuloria | |
| Jan 2012 | $37,395 | Angel Round | $••••• | Manas Fuloria, Manas Chandra Fuloria | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2015 | $8.48M | •••••••• |
| Mar 2015 | $1.69M | •••••••• |
Last known valuation $8.48M (Jul 2015). 31 investors in total: 3 institutional and 28 angel.
Investors in TrueHb
TrueHb has secured backing from 31 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Avendus, Sachin Bansal and Binny Bansal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel network focused on India, Singapore, and U.S based companies | sgan.sg | Singapore, Singapore | ||
Corporate advisory and investment services are provided to clients. | 1999 | avendus.com | Mumbai, India | |
Offers wellbeing apps, sports management, and community philanthropy programs worldwide. | 2014 | roundglass.com | Bellevue, United States | |
SB Sachin Bansal | Co-founder of Flipkart, active angel investor, and fintech entrepreneur | unknown_ff310b04d0ec4189a | ||
BB Binny Bansal | Co-founder of Flipkart, active angel investor, tech entrepreneur | unknown_aad4e561602241a28 | ||
YK Yashraj Kaman | unknown_d3bf103f85b1418c9 | |||
AP Ashok Patni | unknown_6c3145440b79400ab | |||
BM Bindeshwari mishra | unknown_29df9546879b4dafa | |||
KA Kaushal Agarwal | unknown_d6c86b8b33474cdbb | |||
GM George Mitra | unknown_8b5860631bd0491ca |
Investor details for TrueHb
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 Wrig Nanosystems Private Limited (TrueHb)
Wrig Nanosystems Private Limited is the primary company behind TrueHb. The board of Wrig Nanosystems Private Limited currently have 3 directors; the longest-serving is Beena Srivastava, appointed in 2009. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Beena Srivastava DIN 02779822 | Director | 05 Nov 2009 | 16 yrs 11 mo | Wrig Nanosystems Private Limited |
| Ambar Srivastava DIN 02694928 | Managing Director | 05 Nov 2009 | 16 yrs 11 mo | Wrig Nanosystems Private Limited |
| Sandeep Kumar Mittal DIN 10796342 | Nominee Director | 19 Mar 2025 | 1 yr 7 mo | Wrig Nanosystems Private Limited |
People of TrueHb
2 people are tracked at TrueHb (2 in leadership); the tracked headcount is 30.
| Name | Role | Group |
|---|---|---|
Yogita Tikoo | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership |
Complete people profiles for TrueHb
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 TrueHb
Figures of Wrig Nanosystems Private Limited, the primary company behind TrueHb, for FY 2025. Revenue was ₹47.09 Cr (-28% year on year). Net profit was ₹90.5 Lakh (2% margin). EBITDA was ₹2.25 Cr (5% margin). Revenue has grown at a compounded annual rate of +46% over three years and +24% over five years.
- ₹47.09 CrRevenue · FY 2025 · -28% YoY
- ₹90.5 LakhNet profit · 2% margin
- ₹2.25 CrEBITDA · 5% margin
- ₹7.28 CrPaid-up capital
- 30Employees (provident fund records)
- +46%Revenue CAGR, 3 years
- +24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Wrig Nanosystems Private Limited are on its company page.
Detailed financial statements for TrueHb
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 TrueHb
4 dated milestones of TrueHb across 6 years, from founding to its latest funding, stage changes and deals.
- Founded TrueHb is founded.
- Funding First funding round of $37K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $2.3M.
Competitors of TrueHb
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ezerx.in | 2018 | Bhubaneswar, India | $4.41M | Non-invasive IoT diagnostic devices are manufactured for accessible health screening. | ||
| biosense.in | 2008 | Mumbai, India | $4.77M | 1,437 | Diagnostic devices for multiple diseases are developed and provided. |
Detailed competitors of TrueHb
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.
Web traffic of TrueHb
The website of TrueHb (truehb.com) receives about 2.9K visits a month.
- Monthly visits2.9K
▼ 11.2% vs previous month
Websites whose visitors overlap most with TrueHb. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
labtronicsspectrophotometers.com | labtronicsspectrophotometers.com | 100% | #9,329,990 | – | |
polylabindia.com | polylabindia.com | 93% | #7,102,236 | – | |
| naugramedical.com | 88% | #4,435,670 | View details |
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Related news about Truehb
Complete news archive for TrueHb
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about TrueHb
TrueHb was founded in 2009 and raised its 1st funding round 3 years after it was founded.
TrueHb is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Ambar Srivastava is the CEO of TrueHb, as recorded in our data. They have also founded this company.
TrueHb is a funded company, having raised a total of $2.48M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $37.4K, raised on Jan 2012.
TrueHb has 30 employees.
The primary company behind TrueHb, Wrig Nanosystems Private Limited, reported revenue of ₹47.09 Cr for FY 2025, down 28% year on year.
Portable hemoglobin measurement devices are manufactured for at-home testing.
TrueHb offers TrueHb Hemoglobin Meter.
TrueHb has 31 investors. Key investors include Avendus, Sachin Bansal, Binny Bansal, Yashraj Kaman, and Singapore Angel Network.
The valuation of TrueHb is $8.48M as of Jul 2015.
TrueHb operates through Wrig Nanosystems Private Limited.