
About Truetech Services
Truetech Services is a Consumer company based in Gurugram (India) founded in 2014 by Pankaj Yadav. It provides laptops and computers on rent for business needs with delivery and support services. It operates on a B2B and D2C model in Consumer and Travel & Hospitality sectors. Its Indian entity Truetech Services Private Limited reported revenue of βΉ3.17 Cr. Truetech Services offers products and services including Laptop on Rent and Desktop on Rent. Its focus areas include Electronics, Rental Services, Device Rental and Information Technology. Its competitors include RentSher, Bragpacker, Laptop First, Trabug and Play Eazy and 1 more; 1 of its 6 listed competitors has raised funding.
Company details
Truetech Services specializes in renting laptops and computers from brands like Dell, HP, and Apple for short-term and long-term use. They provide customized configurations, pan-India delivery, and pay-as-use options to meet business requirements. Based in Gurgaon, India, they serve clients in various cities through competitive pricing and excellent technical support, ensuring seamless and flexible rental experiences.
- Headquarters Gurugram, India
- Founders Pankaj Yadav
- SectorsConsumerTravel & Hospitality
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website truetechservices.in
- Social LinkedIn X Facebook Instagram
- Legal Name Truetech Services Private Limited
- Date of Incorporation 13 Nov, 2018
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹3.17 Cr
FY 2024 · +19% YoY
- Net Profit₹4.2 Lakh
FY 2024 · 1% margin
- EBITDA₹34 Lakh
FY 2024 · 11% margin
Associated legal entities of Truetech Services
Truetech Services operates through Truetech Services 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 |
|---|---|---|---|---|---|---|---|
| Truetech Services Private Limited CIN U72900HR2018PTC076876 | Active | 13 Nov 2018 | Gurgaon, Haryana | ₹3.2 Cr | – | 2 | View details |
Products & Services of Truetech Services
Truetech Services offers a comprehensive portfolio of products and services, including Laptop on Rent and Desktop on Rent.
Service for renting laptops from top brands for business and personal use.
Service for renting desktops with customizable configurations and hardware.
Board of directors of Truetech Services Private Limited (Truetech Services)
Truetech Services Private Limited is the primary company behind Truetech Services. The board of Truetech Services Private Limited currently have 2 directors; the longest-serving is Neeraj Yadav, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Neeraj Yadav DIN 08277711 | Director | 13 Nov 2018 | 7 yrs 11 mo | Truetech Services Private Limited |
| Pankaj Yadav DIN 08277710 | Director | 13 Nov 2018 | 7 yrs 11 mo | Truetech Services Private Limited |
People of Truetech Services
1 people are tracked at Truetech Services (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Truetech Services
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 Truetech Services
Figures of Truetech Services Private Limited, the primary company behind Truetech Services, for FY 2024. Revenue was ₹3.17 Cr (+19% year on year). Net profit was ₹4.2 Lakh (1% margin). EBITDA was ₹34 Lakh (11% margin). Revenue has grown at a compounded annual rate of +19% over three years.
- ₹3.17 CrRevenue · FY 2024 · +19% YoY
- ₹4.2 LakhNet profit · 1% margin
- ₹34 LakhEBITDA · 11% margin
- ₹1 LakhPaid-up capital
- +19%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Truetech Services Private Limited are on its company page.
Detailed financial statements for Truetech Services
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.
Competitors of Truetech Services
Truetech Services has 6 listed competitors in our database, 1 of them funded. They include RentSher, Bragpacker, Laptop First, Trabug and Play Eazy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rentsher.com | 2014 | Bengaluru, India | $1.83M | 12 | RentSher operates an online peer-to-peer marketplace for renting electronic products. | |
| bragpacker.com | 2016 | Mumbai, India | – | – | Provides online rental and purchase of photography, travel, and outdoor gear for consumers. | |
| laptopfirst.in | 2023 | Delhi, India | – | – | Offers monthly laptop subscriptions with curated devices for startup productivity. | |
| trabug.com | 2016 | Sahibzada Ajit Singh Nagar, India | – | – | Online platform for renting portable WiFi hotspots. | |
| playeazy.com | 2023 | Mumbai, India | – | – | Offers rental of gaming consoles, games, accessories, and VR gadgets in Mumbai. | |
| vansaya.in | 2024 | Delhi, India | – | – | A platform offering high-quality consumer electronic audio products. |
Detailed competitors of Truetech Services
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 Truetech Services
The website of Truetech Services (truetechservices.in) receives about 7.3K visits a month.
- Monthly visits7.3K
▼ 43.2% vs previous month
Top companies in Consumer Electronics
10 companies that operate in the same segment as Truetech Services (Consumer Electronics), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Microsoft is recognized for software, hardware, and gaming solutions. | 1975 | Redmond, Washington, United States | – | USD 281.72 B | 228,000 | |
Consumer electronics, computers, and software are designed and sold worldwide. | 1976 | Cupertino, California, United States | – | USD 416.16 B | 164,000 | |
Consumer electronics and entertainment products are designed for global markets. | 1946 | New York, New York, United States | – | USD 78.25 B | 112,300 | |
Manufacturer of consumer electronics and home appliances products | 1984 | Qingdao, Shandong, China | – | USD 43.1 B | 122,730 | |
High-end audio equipment is manufactured for home and automotive sectors. | 1965 | Worthing, United Kingdom | USD 37.6 M | – | – | |
Multi-category electronics are provided by an internet-first brand. | 2020 | London, England, United Kingdom | USD 448.3 M | – | – | |
Speakers and headphones are designed and marketed by Beats Electronics. | 2008 | Santa Monica, California, United States | USD 560 M | – | – | |
Mobile technologies for Nokia are manufactured and supplied globally. | 2016 | Espoo, Finland | USD 610 M | USD 189.56 M | 68 | |
Mobile devices, cases, tablets, and screen protectors are offered online. | 1928 | Chicago, Illinois, United States | USD 10 M | USD 329.65 M | 284 | |
Multi-category consumer electronics are manufactured and distributed globally. | 1969 | Qingdao, Shandong, China | – | USD 8.23 B | 18,100 |
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Frequently Asked Questions about Truetech Services
Truetech Services was founded in 2014.
Truetech Services is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
The primary company behind Truetech Services, Truetech Services Private Limited, reported revenue of βΉ3.17 Cr for FY 2024, up 19% year on year.
Truetech Services specializes in renting laptops and computers from brands like Dell, HP, and Apple for short-term and long-term use. They provide customized configurations, pan-India delivery, and pay-as-use options to meet business requirements. Based in Gurgaon, India, they serve clients in various cities through competitive pricing and excellent technical support, ensuring seamless and flexible rental experiences.
Truetech Services's top competitors include RentSher, Bragpacker and Trabug.
Truetech Services offers Laptop on Rent and Desktop on Rent.
Truetech Services operates through Truetech Services Private Limited.
The legal entities of Truetech Services currently have 2 directors, including Neeraj Yadav, Pankaj Yadav.