Truelancer

Delhi, India Founded: 2014 • Age: 12 yrs
Freelancers and employers are connected via an online marketplace.
Annual revenue $2.5M Latest available
Total funding $48,323 1 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Truelancer

Truelancer is a company based in Delhi (India) founded in 2014. Truelancer has raised $48.32 thousand across 1 funding round from investors including Blackstone Valley Group, Shweta Garg and Raghu Vohra. Truelancer offers products and services including Freelance Platform, Safe Deposit, and AI Recruiter. Truelancer operates in a competitive market with competitors including Upwork, Fiverr, Iziwork, Freelancer and Malt, among others.

  • Headquarter Delhi, India
  • Sectors
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Truelancer Internet Private Limited
  • Date of Incorporation 23 Jun, 2014
  • Jurisdiction Delhi, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.54 M (USD)
    125.72
    as on Mar 31, 2023
  • Net Profit
    $341.33 K (USD)
    154.02
    as on Mar 31, 2023
  • EBITDA
    $463.23 K (USD)
    155.25
    as on Mar 31, 2023
  • Total Equity Funding
    $48.32 K (USD)

    in 1 rounds

  • Latest Funding Round
    $48.32 K (USD), Seed

    Nov 18, 2015

  • Investors
  • Employee Count
    Not available
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Products & Services of Truelancer

Truelancer offers a comprehensive portfolio of products and services, including Freelance Platform, Safe Deposit, and AI Recruiter.

Product name locked
Category locked
Primary

Platform for posting projects and connecting with freelancers securely.

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Secure system for managing project payments and refunds.

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AI-based tool for recommending and shortlisting freelancers.

People of Truelancer

Headcount 200-500
Employee Profiles 18
Employee Profiles
People
Dipesh Garg
CEO & Founder
People
Nancy Singh
Operations Manager
People
Shakshi Singh
Human Resources Manager
People
Muhammad Anwar Nadeem
Staffing Manager, Web Research Expert At Upwork

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Funding Insights of Truelancer

Truelancer has successfully raised a total of $48.32K through 1 strategic funding round. The most recent funding activity was a Seed round of $48.32 thousand completed in November 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.

Investors in Truelancer

Truelancer has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Blackstone Valley Group, Shweta Garg and Raghu Vohra.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Family office owned-by Raghu Vohra
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Delivers strategic and operational consulting services to enhance business performance.
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Shweta Garg

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Investor details for Truelancer

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Investments & Acquisitions by Truelancer

Investments
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Investment portfolio details for Truelancer

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  • Transaction dates
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Financial Statements - Truelancer

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Detailed financials for Truelancer

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  • Profit trends
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Truelancer Comparisons

Truelancer Primary company
Description
Freelancers and employers are connected via an online market...
Location
Delhi, India
Founded Year
2014
Annual Revenue
$2.54 M (USD)
Net Profit
$341.33 K (USD)
EBITDA
$463.23 K (USD)
Employees
Not available
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Peer comparison for Truelancer

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Truelancer

Truelancer 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 Upwork, Fiverr, Iziwork, Freelancer and Malt, among others.

Company Name Domain Founded year HQ Location Description
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Businesses are connected with freelancers via an online marketplace.
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Freelance services are facilitated via an online multi-industry marketplace.
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Freelancers are matched with employers via an online job platform.
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An online marketplace is operated for freelancers in various industries.
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Freelance marketplace operated to connect experts with company projects.
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Digital marketing and application development services are provided globally.
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Detailed competitors of Truelancer

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  • Domains and locations
  • Full company profiles
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Latest news on Truelancer

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Complete news archive for Truelancer

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Truelancer

Truelancer was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Truelancer is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Truelancer is a funded company, having raised a total of $48.32K across 1 funding round to date.

Annual revenue of Truelancer is $2.54M as on Mar 31, 2023.

Provides an online marketplace for freelancers and employers. Employers can post projects and find freelancers suited to work on these projects. Freelancing professionals can create their portfolios on the platform and seek projects they could work on. Users can hire skilled developers, designers and creative designers, bloggers and writers, SEO experts, sales and marketing expertsresearchers, app developers. Creating an account and posting projects is free of charge. Incubated at Startup Tunnel. Claims to be funded to the tune of 50K. Raised undisclosed seed funding from USA based Blackstone Valley Group led by Raghu Vohra, Aditya Dev Sood, Kamal Bansal other angel investors in Nov,2015.

Truelancer's top competitors include Upwork, Fiverr and Freelancer.

Truelancer offers Freelance Platform, Safe Deposit, and AI Recruiter.

Truelancer has 6 investors. Key investors include Blackstone Valley Group, Shweta Garg, Raghu Vohra, Aditya Dev Sood, and Kamal Bansal.

The valuation of Truelancer is $948.82K as of Nov 2015.

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