Mumbai based Truebil, an online marketplace for used cars, has raised $3 million in a follow-on round of series A funding from Chinese venture capital firm Shunwei Capital. The startup will use the funding for improving its technology and hiring. The company had earlier raised $5.5 million in Series A round of funding from Kalaari Capital, Inventus Capital and San Francisco-based Tekton Ventures in February last year. It had also secured a seed round worth $500,000 from Kae Capital and angel investor Anupam Mittal. Truebil mentions that it recently launched Truebil Direct, an offline platform for pre owned cars based on an inventory model, other than launching its B2C dealer digitization platform ‘Truebil Privilege Partner’. On the consumer front, Truebil, also available as an Android app, offers a platform which that recommends based on user input. Users can search by…
- Freedom Offer: Get Rs. 1000 Off On Our Subscription Plans August 15, 2022
- In comments on IT Rules, NLUD’s CCG flags ‘Corporate Censorship’ and unequal ‘grievance redressal’ August 12, 2022
- TLDR: Google’s fact-check, WhatsApp privacy, Kids’ data on Instagram, Microsoft in ONDC, GST on online gambling, more August 12, 2022
- IT Rules 2021: Now Google concerned about SRB mechanism for social media platforms August 12, 2022
- Summary: What are RBI’s new rules for digital lending apps and service providers? August 11, 2022
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?
A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'
India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...
Why ‘group privacy’ should be recognised, and how ‘non-personal’ data becomes a regulatory blindspot
There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...