Truebil Raises Series A $5M From Kalaari, Tekton and Inventus

BENGALURU: Truebil, an online market for buying and selling second hand cars, has raised a Rs 35 crore series A funding from venture capital investors Kalaari Capital, Inventus Capital and San Francisco-based Tekton Ventures. The rounds also participation from existing investor, Kae Capital.

The Mumbai-based startup, whose founders include former Housing employees, is focused on peer to peer sales of cars unlike large classified players like CarDekho and CarTrade.