Where is TrueID located?

TrueID is headquartered in Hyderabad, India. It is registered at H.No.4-2-170/14/15, Plot No.14(P) & 15(P),Phase-1, Venkusa Estates, Near M.B.Dargah, Kowkoo, r, Rangareddi, Hyderabad, Telangana, India, 500010.

Which legal entities is TrueID associated with?

TrueID is associated with TRUEID PRIVATE LIMITED.

How many employees does TrueID have?

As of Aug 31, 2025, TrueID has 35 employees, reflecting a 13% year-over-year growth in headcount.

Is TrueID a funded company?

TrueID is a funded company, having raised a total of $***** in its 1st and only funding round.

What is the annual revenue of TrueID?

Annual revenue of TrueID is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does TrueID rank among its competitors?

TrueID ranks 170th amongst 2280 active competitors, of which 396 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Evrotrust, which secured $7.61M in Nov, 2025.

Who are the top competitors of TrueID?

TrueID's top competitors include BitGo, Scandit and Kairos. Among them, Evrotrust secured the most recent funding round in November, 2025.

TrueID - 2026 Company Profile, Team, Competitors & Financials

TrueID is an unfunded company based in Hyderabad (India), founded in 2017. It operates as a Developer of multi-modal biometric authentication systems. TrueID has not raised any funding yet. The company has 2280 active competitors, including 396 funded and 247 that have exited. Its top competitors include companies like BitGo, Scandit and Kairos.

Company Details

Developer of multi-modal biometric authentication systems. It provides biometric modalities solutions comprising face, fingerprints and Iris for various types of ID authentication & verification. It offers civil ID, corporate ID, mobile ID, banking ID, law enforcement, ID solutions, & identity platform. It provides an integrated platform with biometric devices, software components, & matching systems.

Website: www.trueid.in/
Social
Email ID: *****@trueid.in
Phone Number: +91 **********
Registered Address: H.No.4-2-170/14/15, Plot No.14(P) & 15(P),Phase-1, Venkusa Estates, Near M.B.Dargah, Kowkoo, r, Rangareddi, Hyderabad, Telangana, India, 500010

Key Metrics

Founded Year

2017

Location

Hyderabad, India

Stage

Unfunded

Ranked

170^th among 2280 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

35 as on Aug 31, 2025

Similar Companies

BitGo & 2550 more

View TrueID's full profile

TrueID is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TRUEID PRIVATE LIMITED CIN: U72900TG2017PTC117287 , India, Active	May 23, 2017	₹10 - ₹50 Cr (As on Mar 31, 2025)	35 (As on Aug 31, 2025)

TrueID has not raised any funding rounds yet.

TrueID's Board of Directors

TrueID's board has 2 active members. Cheedella Chandra Sekhar Rao and Sreelakshmi Cheedella are independent board members.

Here is the list of TrueID's board of directors:

Name	Type	Representing	Status	Duration
Cheedella Chandra Sekhar Rao	Independent board member	-	Current	9y 2m
mlgcdcj	Independent board member	-	Current	5y 3m

TrueID's employee count trend

TrueID has 35 employees as of Aug 25. The total employee count is 13.0% more than what it was in Aug 24. Here is TrueID's employee count trend over the years:

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Top competitors of TrueID include BitGo, Scandit and Kairos. Here is the list of Top 10 competitors of TrueID, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BitGo 2013, Palo Alto (United States), Public	Platform that offers crypto based financial services	$170M	Goldman Sachs, Valor Equity Partners & 39 others	81/100
2nd	Scandit 2009, Zurich (Switzerland), Series D	Developer of smart data capture platform for various industry applications	$273M	Google Ventures, G2 Venture Partners & 15 others	78/100
3rd	Kairos 2011, Miami (United States), Series A	Provider of AI-powered identity verification, document authentication, and biometric solutions	$19.6M	500 Global, Beyond Capital Markets & 21 others	74/100
4th	Evrotrust 2015, Sofia (Bulgaria), Series B	AI based identity verification and e-Signing solution provider	$13.8M	3TS Capital Partners, BDB & 6 others	72/100
5th	Clear 2010, New York City (United States), Public	Provider of expedited identity verification services for airport security and more	$135M	T. Rowe Price, United Airlines & 22 others	71/100
6th	Yoti 2014, London (United Kingdom), Series B	Provider of privacy-focused identity and age solutions	$210M	HSBC, Nex.D & 12 others	71/100
7th	iProov 2011, London (United Kingdom), Series B	Platform offering digital identity verification services	$85.1M	Sumeru Equity Partners, Dhs & 39 others	70/100
8th	Mantra Softech 2006, Ahmedabad (India), Series A	Biometrics-based security and surveillance solutions	$14.2M	India SME Investments, Motilal Oswal Financial Services ... & 2 others	70/100
9th	HYPR 2014, New York City (United States), Series D	Provider of passwordless multi-factor authentication, identity verification, and risk management	$131M	RRE Ventures, Advent International & 14 others	69/100
10th	Microblink 2013, London (United Kingdom), Series A	Platform offering card scanning apps-based consumer payments	$60M	Silversmith	68/100
170th	TrueID 2017, Hyderabad (India), Unfunded	Developer of multi-modal biometric authentication systems	-	-	46/100