About Truein
Truein is a Technology company based in Pune (India) founded in 2017 by Ankit Tanna and Jigar Pujara. Truein is focused on providing time and attendance solutions for contract and multi-site workforces. It operates on a SaaS (Software-as-a-Service) and Subscription Services model. 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. Its chief executive, as recorded, is Ankit Tanna. Its website truein.com draws about 95 thousand monthly visits. Its Indian entity Yugstart Technologies Private Limited reported revenue of ₹6.66 Cr. Truein offers products and services including Face Recognition Attendance, Mobile Based Attendance, and GPS Geofenced Attendance. Its focus areas include Software and Workforce Management Software.
Company details
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.
- Headquarters Pune, India
- Employees 18
- Founders Ankit Tanna, Jigar Pujara
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website truein.com
- Social LinkedIn X Facebook
- Legal Name Yugstart Technologies Private Limited
- Date of Incorporation 06 Oct, 2015
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹6.66 Cr
FY 2024 · +73% YoY
- Net Profit₹20.3 Lakh
FY 2024 · 3% margin
- EBITDA₹27.1 Lakh
FY 2024 · 4% margin
- Total Equity Funding$2.4M (USD)
in 5 rounds
- InvestorsUpekkha
& 16 more
- Employee Count18
Associated legal entities of Truein
Truein operates through Yugstart 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 |
|---|---|---|---|---|---|---|---|
| Yugstart Technologies Private Limited CIN U74900PN2015PTC156703 | Active | 06 Oct 2015 | Pune, Maharashtra | ₹6.7 Cr | 18 | 4 | View details |
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.
Apps and channels of Truein
Truein publishes 1 mobile app with over 100K+ downloads.
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.
- Total Funding $2.4M
- Total Rounds 5
- Investors Count 17
All 5 funding rounds of Truein 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 |
|---|---|---|---|---|---|
| Jun 2023 | Seed | – | Upekkha | – | |
| Nov 2020 | $2M | Seed | – | – | |
| Mar 2020 | $270,116 | Angel Round | – | – | |
| Mar 2019 | $130,332 | Angel Round | – | – | |
| May 2018 | Grant | – | – |
17 investors in total: 3 institutional and 14 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AI startup acceleration and networking services are offered globally. | 2017 | upekkha.io | Bengaluru, India | |
Early-stage entrepreneurs are accelerated through MassChallenge's program. | masschallenge.org | Boston, United States | ||
Tech focused early stage VC firm investing in the US & Africa | storyventures.vc | New York, United States | ||
KK Kishor Kumar | Angel investor and entrepreneur, known for early-stage tech investments in India. | unknown_433abed94fc44d8a9 | ||
MP Maheshkumar Parsottambhai Rupapara | unknown_74a909b9adb04c839 | |||
SM Saikat Majumder | unknown_d3190c71831f4bc88 | |||
VS Vijay Shetty | Angel investor, ex-Amazon, focused on early-stage Indian startups | unknown_b70ecebcd2cf44459 | ||
PK Prithvi Krishnan Padmanabhan | unknown_036208ad9e984cde9 | |||
AA Ashish Agrawal | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_11297aa3f5b8445cb | ||
DP Dhaval Prajapati | unknown_2babb471c6264fda9 |
Investor details for Truein
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 Yugstart Technologies Private Limited (Truein)
Yugstart Technologies Private Limited is the primary company behind Truein. The board of Yugstart Technologies Private Limited currently have 3 directors; the longest-serving is Ankit Vinodray Tanna, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ankit Vinodray Tanna DIN 07348516 | Director | 01 Jan 2016 | 10 yrs 10 mo | Yugstart Technologies Private Limited |
| Jigar Amratlal Pujara DIN 08587610 | Director | 10 Oct 2019 | 7 yrs 1 mo | Yugstart Technologies Private Limited |
| Aayushi Ankit Tanna DIN 07267135 | Director | 05 May 2022 | 4 yrs 6 mo | Yugstart Technologies Private Limited |
People of Truein
16 people are tracked at Truein (4 in leadership, 12 in team); the tracked headcount is 18.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Bhavna Solanki | Assistant Vice President Growth | Leadership |
Kirti Dwivedi | Associate Director Of Sales | Leadership |
Pradip Vaghasiya | Module Lead | Team |
Rina D'Souza | Growth Manager | Team |
Aby Antony | Senior Account Executive | Team |
Mukul Chhanikar | Software Engineer | Team |
Swapnil Sinha | Back-end Developer | Team |
Kavita More | Human Resources Manager | Team |
Jatin Bhatodara | Product Design Specialist | Team |
Akash Gupta | Marketing Manager | Team |
Preeti Singh | Senior Growth Manager | Team |
Lily Wright | AVP Growth - North America | Team |
Avani Thakkar | Recruiter | Team |
Mayank Saxena | Software Engineer | Team |
Complete people profiles for Truein
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 Truein
Figures of Yugstart Technologies Private Limited, the primary company behind Truein, for FY 2024. Revenue was ₹6.66 Cr (+73% year on year). Net profit was ₹20.3 Lakh (3% margin). EBITDA was ₹27.1 Lakh (4% margin). Revenue has grown at a compounded annual rate of +105% over three years and +67% over five years.
- ₹6.66 CrRevenue · FY 2024 · +73% YoY
- ₹20.3 LakhNet profit · 3% margin
- ₹27.1 LakhEBITDA · 4% margin
- ₹12.3 LakhPaid-up capital
- 18Employees (provident fund records)
- +105%Revenue CAGR, 3 years
- +67%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Yugstart Technologies Private Limited are on its company page.
Detailed financial statements for Truein
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 Truein
3 dated milestones of Truein across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Truein is founded.
- Funding First funding round.
- Funding Latest funding round, Seed,.
Web traffic of Truein
The website of Truein (truein.com) receives about 94.8K visits a month.
- Monthly visits94.8K
▲ 36.4% vs previous month
Websites whose visitors overlap most with Truein. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details | |
digisme.in | digisme.in | 97% | #565,626 | – | |
| timelabs.in | 94% | 45.8K | #497,205 | View details | |
| lystloc.com | 92% | 20.3K | #1,141,757 | View details | |
| actiplans.com | 90% | #1,015,090 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Truein
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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 CEO of Truein, as recorded in our data. They have also founded this company.
Truein is a funded company, having raised a total of $2.4M across 5 funding rounds to date.
Truein has 18 employees.
The primary company behind Truein, Yugstart Technologies Private Limited, reported revenue of ₹6.66 Cr for FY 2024, up 73% year on year.
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 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.
Truein operates through Yugstart Technologies Private Limited.
The legal entities of Truein currently have 3 directors, including Aayushi Ankit Tanna, Ankit Vinodray Tanna, Jigar Amratlal Pujara.
Yes. Truein publishes Truein User: Time & Attendance, with over 100,000 downloads.