About TruxApp
TruxApp is a company based in Delhi (India). It operates as a B2B. TruxApp has raised $6 million across 5 funding rounds from investors including Triyasoft, Venugopal Dhoot and Tarun Khandelwal. The company has 4 employees as of March 28, 2024. TruxApp operates in a competitive market with competitors including BlackBuck, Vahak, Celcius, Lobb and Trans India, among others.
- Headquarter Delhi, India
- Employees 4 as on 28 Mar, 2024
- Stage Minicorn
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Phone
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Website
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Social
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- Legal Name Trux App Private Limited
- Date of Incorporation 27 Feb, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$123.21 K (USD)-40.27as on Mar 31, 2023
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Net Profit
-$86.37 K (USD)58.55as on Mar 31, 2023
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EBITDA
-$9.16 K (USD)91.69as on Mar 31, 2023
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Total Equity Funding
$6 M (USD)
in 5 rounds
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Latest Funding Round
$3.1 M (USD), Seed
Aug 08, 2017
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Investors
Triyasoft
& 33 more
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Employee Count
4
as on Mar 28, 2024
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Funding Insights of TruxApp
TruxApp has successfully raised a total of $6M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $3.1 million completed in August 2017. 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 TruxApp
TruxApp has secured backing from 34 investors, including angel and institutional investors. Prominent investors backing the company include Triyasoft, Venugopal Dhoot and Tarun Khandelwal.
| Investor | Description | Founded Year | Domain | Location |
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Forestry products are supplied, with logging and related services provided.
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Triyasoft Technologies provides software solutions and consulting for innovative tech adoption.
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Venugopal Dhoot |
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Investor details for TruxApp
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Investments & Acquisitions by TruxApp
Investment portfolio details for TruxApp
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Financial Statements - TruxApp
Detailed financials for TruxApp
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Truxapp Comparisons
Peer comparison for TruxApp
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Competitors of TruxApp
TruxApp 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 BlackBuck, Vahak, Celcius, Lobb and Trans India, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Fleet operators are connected with truckers through a digital marketplace.
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An app-based marketplace is operated for cargo transportation bookings.
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Cold chain logistics solutions are booked through an online platform.
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Provider of a digital freight brokerage platform connecting transporters and truckers
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Online marketplace that connects truck owners with load owners
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Technology-enabled platform for transportation management services
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Detailed competitors of TruxApp
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Latest news on Truxapp
Complete news archive for TruxApp
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Frequently Asked Questions about TruxApp
TruxApp is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
TruxApp is a funded company, having raised a total of $6M across 5 funding rounds to date.
As of Mar 28, 2024, the latest employee count at TruxApp is 4.
Annual revenue of TruxApp is $123.21K as on Mar 31, 2023.
Trux is a mobile first application for enterprises and businesses to book trucks for their logistics requirements. Provides a tech backed market place model, with other features such as real time vehicle and consignment tracking, APIs, real time route optimization, route geo-fencing etc. The company also claims to provide commercial vehicles on different types of leasing models. Has a presence in 25 cities with 35K trucks on the platform as of August 2016 and serves large industries, SMEs, railway side operations, wholesalers and retailers and individual transporters. The company earlier provided a mobile app for booking mini trucks. Raised 3.1M in an angel round of funding from a clutch of angel investors including family of Videocon Industries chairman Venugopal Dhoot; Ajay Bhatia, managing director of UAE-based Bhatia Brothers LLC; and Tarun Khandelwal in August 2017.
TruxApp has 34 investors. Key investors include Triyasoft, Venugopal Dhoot, Tarun Khandelwal, Ganpat Singhvi, and V C Bothra.
The valuation of TruxApp is $32.65M as of Nov 2016.