When was Truein founded?

Truein was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Truein located?

Truein is headquartered in Pune, India. It is registered at FLAT NO. C-1203, MALPANI GREENS, SURVEY NO. 206/1/2, KASPATE WASTI, WAKAD, Pune, PUNE, Maharashtra, India, 411057.

Who is the current CEO of Truein?

Ankit Tanna of Truein. They have also founded 1 company.

Which legal entities is Truein associated with?

Truein is associated with YUGSTART TECHNOLOGIES PRIVATE LIMITED.

How many employees does Truein have?

As of Aug 31, 2025, the latest employee count at Truein is 27.

Is Truein a funded company?

Truein is a funded company, having raised a total of $2.5M across 5 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on May 23, 2018.

How much is Truein worth?

The latest valuation of Truein is ₹***** as of Apr 26, 2024.

When was the latest funding round of Truein?

Truein's latest funding was a $***** Seed round on Jun 01, 2023, with participation from 1 investor.

What is the annual revenue of Truein?

Annual revenue of Truein is less than ₹10 Cr as on Mar 31, 2025

Where does Truein rank among its competitors?

Truein ranks 37th amongst 749 active competitors, of which 47 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Findd, which secured $21M in May, 2026.

Who are the top competitors of Truein?

Truein's top competitors include WorkJam, SIMPRO and Parsable. Among them, Findd secured the most recent funding round in May, 2026.

Truein - 2026 Company Profile, Team, Funding, Competitors & Financials

Truein is a seed company based in Pune (India), founded in 2017 by Ankit Tanna. It operates as a Provider of AI-based contingent workforce management platform for time & attendance management. Truein has raised $2.5M in funding from Upekkha, with a current valuation of ₹*****. The company has 749 active competitors, including 47 funded and 55 that have exited. Its top competitors include companies like WorkJam, SIMPRO and Parsable.

Company Details

Provider of AI-based contingent workforce management platform for time & attendance management. It uses facial recognition technology to identify and record attendance for employees and contract workers. It offers tools for time off management, employee scheduling, job-based time tracking, location-based time tracking and more. It offers provides solutions for report and analytics. It is the tool available on the subscription-based pricing model.

Website: truein.com
Social
Email ID: *****@truein.com
Phone Number: +91 **********
Registered Address: FLAT NO. C-1203, MALPANI GREENS, SURVEY NO. 206/1/2, KASPATE WASTI, WAKAD, Pune, PUNE, Maharashtra, India, 411057

Key Metrics

Founded Year

2017

Location

Pune, India

Stage

Seed

Total Funding

$2.5M in 5 rounds

Latest Funding Round

Seed, Jun 01, 2023, $*****

Post Money Valuation

₹***** as on Apr 26, 2024

Investors

Upekkha & 16 more

Ranked

37^th among 749 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

27 as on Aug 31, 2025

Similar Companies

WorkJam & 990 more

View Truein's full profile

Truein is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
YUGSTART TECHNOLOGIES PRIVATE LIMITED CIN: U74900PN2015PTC156703 , India, Active	Oct 06, 2015	0 - ₹10 Cr (As on Mar 31, 2025)	27 (As on Aug 01, 2025)

Truein has raised a total funding of $2.5M over 5 rounds. Its first funding round was on May 23, 2018. Its latest funding round was a Seed round on Jun 01, 2023 for $*****. 1 investor participated in its latest round. Truein has 3 institutional investors and 14 angel investors.

Here is the list of recent funding rounds of Truein:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 01, 2023	9461809	Seed	9459302	4146643	8019952	7242817
Nov 23, 2020	2897569	Seed	1506471	4327707	9753834	Story Ventures
Mar 16, 2020	4930893	Angel	5719024	4508028	5536865	Kishor Kumar & 12 more

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View details of Truein's funding rounds and investors

The founders of Truein is Ankit Tanna. Ankit Tanna is the CEO of Truein.

Here are the details of Truein's key team members:

Ankit Tanna: Co-Founder & CEO of Truein and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Truein's Board of Directors

Truein's board has 3 active members. Ankit Tanna and Jigar Pujara are part of team and Aayushi Ankit Tanna is independent board member.

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

Name	Type	Representing	Status	Duration
Ankit Tanna	Team	-	Current	10y 6m
Jigar Pujara	Team	-	Current	6y 9m
Aayushi Ankit Tanna	Independent board member	-	Current	4y 2m

View details of Truein's Founder profiles and Board Members

Truein's employee count trend

Truein has 27 employees as of Aug 25. The total employee count is 8.0% more than what it was in Aug 24. Here is Truein's employee count trend over the years:

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Top competitors of Truein include WorkJam, SIMPRO and Parsable. Here is the list of Top 10 competitors of Truein, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	WorkJam 2014, Montreal (Canada), Series D	Provider of a platform for frontline workforce management and engagement	$167M	Inovia Capital, SLW & 12 others	76/100
2nd	SIMPRO 2002, Broomfield (United States), Series D	Cloud-based field service management software solution	$397M	Level Equity, K1 Investment Management	70/100
3rd	Parsable 2013, San Francisco (United States), Acquired	Provider of collaboration software solutions for industrial workers	$133M	Lightspeed Venture Partners, Activate Capital ... & 21 others	66/100
4th	Indeavor 1996, Madison (United States), Early Stage	Platform offering workforce management software solutions	$590K	-	63/100
5th	Humanforce 2002, Sydney (Australia), Series B	Provider of human capital management suite for frontline and flexible workforces	$16.1M	Accel-KKR	60/100
6th	Findd 2016, Provo (United States), Series B	AI based platform offering workforce management solutions	$21M	PaceZero, Unbundledcapital	60/100
7th	IDENTEC SOLUTIONS 1999, Lustenau (Austria), Series B	Provider of hardware and software solutions for field operations	$35.3M	Gamma Capital Partners, Arax Capital Partners ... & 1 others	60/100
8th	Reflexis Systems 2001, Dedham (United States), Acquired	AI-based workforce management software for multiple industries	$77.2M	Great Hill Partners, Sageview Capital & 3 others	59/100
9th	Skedulo 2013, United Kingdom, Series C	Field workforce management software	$255M	Blackbird Ventures, SoftBank Vision Fund & 8 others	59/100
10th	Toggl 2006, Tallinn (Estonia), Funding Raised	Developer of time tracking software for team productivity and profitability	-	-	58/100
37th	Truein 2017, Pune (India), Seed	Provider of AI-based contingent workforce management platform for time & attendance management	$2.5M	Story Ventures, Upekkha & 15 others	44/100

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Founders (largest shareholder) own 71.93%, Funds own 6.26%, Angels own 20.90% and Other People own 0.87%. The net worth of Truein's founders is INR 24.9Cr as of May 05, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	71.93%	24.9Cr	7885141	2602597	8444888	9456513
Ankit Tanna	3160386	6501319	2461874	3640242	1635853	6477942
Fund	6.26%	2.17Cr	631071	710650	257238	200542
Upekkha	2878	1493	9606	6039	2812	8658
Angel	20.90%	7.25Cr	1324772	3219509	2860454	2660346
Kishor Kumar	94905	15637	27733	64106	16031	29298
Maheshkumar Parsottambhai Rupapara	1530	4684	7857	9323	6133	6536
Other People	0.87%	30.3L	0	0	0	0
Total	99.96%	34.7Cr	6607666	5935987	8330337	1294121