How much funding has TrusTerra raised?

TrusTerra has raised ~$1.05M (₹9 Crore) in total funding. Their latest funding round was Pre-Seed. Key investors include Finvolve, India Accelerator, GrowthCap Ventures.

Where is TrusTerra headquartered?

TrusTerra is headquartered in Gurugram, Haryana, India. The company has a team of 11-50 people.

What does TrusTerra do?

TrusTerra operates in the AI in Climate / Energy sector. TrusTerra is an AI-powered marketplace for used electric vehicles (EVs), aiming to bring trust and transparency to the pre-owned EV market in India. TrusTerra's main value proposition is to eliminate the uncertainty and 'resale anxiety' associated with used EVs by providing a standardized, data-driven assessment of vehicle health, thereby creating a more trustworthy and efficient market.

When was TrusTerra founded?

TrusTerra was founded in 2024. It is based in Gurugram, Haryana, India.

How much funding has TrusTerra raised?

TrusTerra has raised ~$1.05M (₹9 Crore) in total funding. Key investors include Finvolve, India Accelerator, GrowthCap Ventures.

Who is the CEO of TrusTerra?

Tanvir Singh is the CEO of TrusTerra. The company was founded in 2024.

Where is TrusTerra located?

TrusTerra is headquartered in Gurugram, Haryana, India.

What funding stage is TrusTerra at?

TrusTerra is currently at the Seed stage.

How many employees does TrusTerra have?

TrusTerra has approximately 11-50 employees.

TrusTerra

Category: AI in Climate / Energy

TrusTerra is an AI-powered marketplace for used electric vehicles (EVs), aiming to bring trust and transparency to the pre-owned EV market in India. TrusTerra was founded in 2024. The company is led by Tanvir Singh. Based in Gurugram, Haryana, India. Team size: 11-50. Total funding raised: ~$1.05M (₹9 Crore). Latest round: Pre-Seed. Key investors include Finvolve, India Accelerator, GrowthCap Ventures.

Founded: 2024
Headquarters: Gurugram, Haryana, India
Team size: 11-50
Total funding: ~$1.05M (₹9 Crore)

Value proposition

TrusTerra's main value proposition is to eliminate the uncertainty and 'resale anxiety' associated with used EVs by providing a standardized, data-driven assessment of vehicle health, thereby creating a more trustworthy and efficient market.

Products and solutions

AI-driven marketplace for used EVs, TruEV Score™: A proprietary AI-powered rating system that assesses the health and fair value of used EVs, TerraCash™: Instant diagnostics and liquidity service for same-day bids and payouts, TerraBid™: Certified dealer auction marketplace with financing, warranties, and assured buyback options

Unique value

TrusTerra is unique due to its dedicated focus on the pre-owned EV market in India, a segment that is currently fragmented and lacks standardization. Their approach of building a complete ecosystem that connects consumers, dealers, financiers, and insurers on a single platform is a key differentiator.

Target customer

The platform serves a wide range of customers in the used EV ecosystem, including individual buyers and sellers, dealerships, financing institutions (banks and NBFCs), and insurance companies.

Industries served

Automotive (Used Electric Vehicles), Financial Services (Vehicle Financing), Insurance (Vehicle Insurance)

Technology advantage

The core technological advantage is the proprietary AI-powered engine that generates the 'TruEV Score™'. This score provides a standardized and transparent measure of an EV's condition, which is a significant business advantage in a market where trust is a major issue. This data-driven approach helps in establishing fair resale values and building confidence among all stakeholders.

How they differentiate

TrusTerra differentiates itself by focusing exclusively on the used electric vehicle (EV) market and utilizing an AI-powered platform. A key feature is its proprietary 'TruEV Score™', which assesses the health of used EVs to provide transparency and build trust with consumers. This specialized, tech-driven approach contrasts with competitors who are general used car marketplaces.

Main competitors

Droom, CarDekho, CARS24

Key partnerships

Finvolve (Investor), India Accelerator (Investor), GrowthCap Ventures (Investor), Building strategic partnerships with OEMs, NBFCs, banks, and dealers to expand its ecosystem.

Notable customers

Not publicly available.

Major milestones

Successfully raised ₹9 Crore in a pre-seed funding round., Launched its AI-backed marketplace for used EVs., Developed and introduced the proprietary 'TruEV Score™' for assessing the health of used electric vehicles., Won 'Auto-Tech Startup of the Year' and 'AI Mobility Startup of the Year' at the ET AutoTech Awards 2026 (June 2026).

Growth metrics

Onboarded 150+ dealers, evaluated 2,000+ used EVs, and facilitated ₹3+ Crore in transactions (as of Oct 2025 pre-seed announcement).

Market positioning

TrusTerra is positioned as a niche, specialized marketplace for pre-owned electric vehicles in India. It aims to be a trusted platform for buying and selling used EVs by leveraging technology to address issues of quality, transparency, and price discovery that are unique to the EV market.

Geographic focus

India

Patents and IP

No public patents found; key intellectual property is the proprietary 'TruEV Score™' (trademarked assessment framework).

About Tanvir Singh

Co-founder of Mooving (built it into India's 4th-largest Battery-as-a-Service company); previously founded and exited Solar Cube (solar solutions)

More AI in Climate / Energy companies

Official website: https://www.trusterra.in/