About Truevalue Marketing
Truevalue Marketing is a company based in Mumbai (India) founded in 1997 by Nitin Ashar. Truevalue Marketing has raised $233.69 thousand across 2 funding rounds from investors including Monalisa Infotech, Prikar Financial Consultants and Srinivasan Ganeshan. The company has 398 employees as of April 07, 2024. Truevalue Marketing offers products and services including Tea and Coffee Premixes, Vending Machines, and Retail Solutions. Truevalue Marketing operates in a competitive market with competitors including Desire Instant Chai, Teaology India, Haritima Food, Dolshyne and Naivo, among others.
- Headquarter Mumbai, India
- Employees 398 as on 07 Apr, 2024
- Founders Nitin Ashar
- Stage Minicorn
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Sectors
Consumer
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Email
Locked
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Phone
Locked
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Website
Locked
- Legal Name Truevalue Marketing Services Private Limited
- Date of Incorporation 10 Jan, 1997
- Jurisdiction Bangalore., Karnataka, India
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Annual Revenue
$7.18 M (USD)51.98as on Mar 31, 2023
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Net Profit
$388.93 K (USD)88.67as on Mar 31, 2023
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EBITDA
$702.36 K (USD)93.86as on Mar 31, 2023
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Total Equity Funding
$233.69 K (USD)
in 2 rounds
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Latest Funding Round
$82.47 K (USD), Unspecified
Mar 30, 2013
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Investors
Monalisa Infotech
& 5 more
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Employee Count
398
as on Apr 07, 2024
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Products & Services of Truevalue Marketing
Truevalue Marketing offers a comprehensive portfolio of products and services, including Tea and Coffee Premixes, Vending Machines, and Retail Solutions.
Manufactures premixes for hot beverages and consumer use.
Provides machines for serving hot and cold beverages.
Offers platforms for beverage distribution and sales.
Funding Insights of Truevalue Marketing
Truevalue Marketing has successfully raised a total of $233.69K across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $82.47 thousand completed in March 2013. 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 Truevalue Marketing
Truevalue Marketing has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Monalisa Infotech, Prikar Financial Consultants and Srinivasan Ganeshan.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm focused on multiple sectors
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Private equity firm focused on multiple sectors
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Venture capital firm focused on multiple sectors
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Investor details for Truevalue Marketing
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- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Truevalue Marketing
Investment portfolio details for Truevalue Marketing
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
Financial Statements - Truevalue Marketing
Detailed financials for Truevalue Marketing
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- Historical revenue
- Profit trends
- Statement rows
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Truevalue Marketing Comparisons
Peer comparison for Truevalue Marketing
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Truevalue Marketing
Truevalue Marketing 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 Desire Instant Chai, Teaology India, Haritima Food, Dolshyne and Naivo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Offers instant beverage premixes and vending machines for tea, coffee, and cold drinks.
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Internet first brand offering multi-category non-alcoholic beverages
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| Locked | Locked | Locked |
Delivers comprehensive solutions for tea and coffee products.
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A brand specializing in high-quality coffee and tea products.
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Sources, roasts, and sells specialty coffee beans online and wholesale.
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Detailed competitors of Truevalue Marketing
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Latest news on Truevalue Marketing
Complete news archive for Truevalue Marketing
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Frequently Asked Questions about Truevalue Marketing
Truevalue Marketing was founded in 1997 and raised its 1st funding round 15 years after it was founded.
Truevalue Marketing is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Truevalue Marketing is a funded company, having raised a total of $233.69K across 2 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Truevalue Marketing is 398.
Annual revenue of Truevalue Marketing is $7.18M as on Mar 31, 2023.
Truevalue Marketing was established in 1997 and is headquartered in Mumbai, India. The company functions as an internet-first brand within the beverage sector, focusing on ready-to-drink coffee and tea products. Operations are managed through the domain truevaluemarketing.in, with Nitin Ashar serving as founder and managing director. Distribution and sales are conducted primarily online, targeting consumers in India.
Truevalue Marketing's top competitors include Teaology India, Dolshyne and Granules N Beans.
Truevalue Marketing offers Tea and Coffee Premixes, Vending Machines, and Retail Solutions.
Truevalue Marketing has 6 investors. Key investors include Monalisa Infotech, Prikar Financial Consultants, Srinivasan Ganeshan, Vithaldas R Shah, and Vanguard Jewels.
The valuation of Truevalue Marketing is $1.64M as of Mar 2013.