About Truein
Truein is a company based in Pune (India) founded in 2017 by Ankit Tanna and Jigar Pujara. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Truein has raised $2.4 million across 5 funding rounds from investors including Upekkha, Kishor Kumar and Maheshkumar Parsottambhai Rupapara. The company has 18 employees as of March 29, 2024. Truein offers products and services including Face Recognition Attendance, Mobile Based Attendance, and GPS Geofenced Attendance. Truein operates in a competitive market with competitors including When I Work, TSheets, Hubstaff, Everywhere Communications and SINC, among others.
- Headquarter Pune, India
- Employees 18 as on 29 Mar, 2024
- Founders Ankit Tanna, Jigar Pujara
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Yugstart Technologies Private Limited
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$462.97 K (USD)115.92as on Mar 31, 2023
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Net Profit
-$173.92 K (USD)-1103.38as on Mar 31, 2023
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EBITDA
-$254.26 K (USD)-601.68as on Mar 31, 2023
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Total Equity Funding
$2.4 M (USD)
in 5 rounds
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Latest Funding Round
Not available
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Investors
Upekkha
& 16 more
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Employee Count
18
as on Mar 29, 2024
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Products & Services of Truein
Truein offers a comprehensive portfolio of products and services, including Face Recognition Attendance, Mobile Based Attendance, and GPS Geofenced Attendance.
Attendance is captured using face recognition technology accurately.
Attendance is tracked via mobile devices for flexibility.
Attendance is restricted to approved locations using geofencing.
People of Truein
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Funding Insights of Truein
Truein has successfully raised a total of $2.4M across 5 strategic funding rounds. 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 Truein
Truein has secured backing from 17 investors, including venture fund and angel investors. Prominent investors backing the company include Upekkha, Kishor Kumar and Maheshkumar Parsottambhai Rupapara.
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AI startup acceleration and networking services are offered globally.
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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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Tech focused early stage VC firm investing in the US & Africa
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Investor details for Truein
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Investments & Acquisitions by Truein
Investment portfolio details for Truein
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Financial Statements - Truein
Detailed financials for Truein
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Truein Comparisons
Peer comparison for Truein
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Competitors of Truein
Truein 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 When I Work, TSheets, Hubstaff, Everywhere Communications and SINC, among others.
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Employee scheduling and time tracking software
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Cloud-based time-tracking software is offered for business use.
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Cloud-based time tracking platform is utilized for workforce monitoring.
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Asset tracking solutions are delivered through satellite-enabled handheld devices.
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Online platform for job tracking and location monitoring is provided.
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Time tracking software is provided for project planning and monitoring.
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Detailed competitors of Truein
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Latest news on Truein
Complete news archive for Truein
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Frequently Asked Questions about Truein
Truein was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Truein is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Ankit Tanna is the current CEO of Truein. They have also founded this company.
Truein is a funded company, having raised a total of $2.4M across 5 funding rounds to date.
As of Mar 29, 2024, the latest employee count at Truein is 18.
Annual revenue of Truein is $462.97K as on Mar 31, 2023.
Truein is engaged in delivering advanced time and attendance solutions tailored for contract and multi-site workforces. The company operates within the technology sector, specializing in workforce management software. Solutions offered include face recognition attendance, mobile-based tracking, and GPS geofenced clock-ins, ensuring accurate and tamper-proof time logs. Truein serves industries such as construction, facility management, supply chain, logistics, retail, and manufacturing. Centralized visibility, real-time reporting, and compliance with labor regulations are facilitated through cloud-based systems. Workforce utilization is optimized by tracking budgeted versus actual hours across multiple jobs and locations.
Truein's top competitors include When I Work, Everywhere Communications and Hubstaff.
Truein offers Face Recognition Attendance, Mobile Based Attendance, and GPS Geofenced Attendance.
Truein has 17 investors. Key investors include Upekkha, Kishor Kumar, Maheshkumar Parsottambhai Rupapara, Saikat Majumder, and Vijay Shetty.