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Truebil Launches Online Operations in Bangalore

Launched in March 2015 by 7 ex-IITians, Truebil was established to solve the inconvenience faced while buying used cars in terms of information asymmetry and the lack of authenticity.

India's virtual marketplace for pre-owned cars, Truebil has set afloat its online operations in Bangalore. With an aim to establish a hassle-free procedure of buying and selling pre-owned automobiles, the one-of-its kind online marketplace allows buyers to shortlist from a list of meticulously inspected and certified cars and avail end-to-end services on their sale/purchase. Meanwhile, the sellers can list their pre-owned vehicles along with complete selling assistance for an instant sell-off at the best price quotes.

Launched in March 2015 by 7 ex-IITians, Truebil was established to solve the inconvenience faced while buying used cars in terms of information asymmetry and the lack of authenticity. Truebil eliminates the hassles and inefficiency caused during car purchases from the used automobile ecosystem and ensures absolute transparency for the buyers.

Potential buyers can shortlist and buy best quality Truebil cars directly from its offline experience stores, Truebil Direct, with 1-year comprehensive service warranty, 1-year Roadside assistance, and 1 Free servicing. Once purchased, Truebil takes care of all the end-to-end hassles of paperwork, loan and insurance. Being a one-stop online portal for buying and selling of used automobiles, Truebil offers a long list of services to its users including Free Inspection and valuation, Quick sell guarantee, Free car buying consulting, Paper Transfer, Loan, Insurance and Car Spa.

Shubh Bansal, Co-founder and Chief of Marketing and Growth said, “Although it is still a highly unorganized market, Indians have started opening up to new technologies and buying used cars online. There is substantial progress in the country's automobile ecosystem and this is the right time to expand our horizons. We deemed Bangalore as the perfect start for our expansion spree as a lot of people in the city are young and migrants relocating for jobs in MNCs. They prefer buying used cars over brand new cars and Truebil facilitates a hassle-free buying experience for those who are eyeing to buy a value-for-money vehicle.”

Unlike other used car dealers, Truebil establishes its pioneering status as the leading provider of unique value propositions for used vehicle buyers and sellers making the process more convenient for customers who wish to sell their cars urgently and get upfront quotes for the same. Moreover, for those sellers who find it cumbersome to entertain potential buyers at their homes, there is the option of Truebil’s unique park-and-sell service at the Truebil Direct offline stores where the company offers complete selling assistance.

Truebil handholds its sellers and buyers throughout the entire transaction process to ensure a satisfied consumer experience. This unique provision is driving Truebil towards a 20% growth MoM with more than 3000 verified cars registered on its portal.


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