Wednesday 20 September 2017

Truebil enters Bangalore through offline store ‘Truebil Direct’;

Truebil enters Bangalore through offline store ‘Truebil Direct’; offers a seamless experience to pre-owned car users 
Truebil Direct stores to offer 1-year comprehensive service warranty along with 1-year roadside assistance and 1 free service
Currently houses 100 best quality and best priced pre-owned cars in their showroom
40 high-quality pictures are uploaded for every car focusing on each and every minute details for a hassle-free experience

Bangalore, September 18th, 2017: India's only curated, authentic and verified virtual marketplace for pre-owned cars, Truebil has set afloat its online operations and offline dark store Truebil Direct in Bangalore. The newly launched store at Mantri Square Mall, Malleshwaram offers complete selling assistance and ensures a hassle-free buying experience with seamless transactions. Truebil allows buyers to shortlist cars from a list of meticulously inspected and certified cars and avail end-to-end services on their purchase in exchange for an old car. The sellers can also list their pre-owned vehicles along with complete selling assistance for an instant sell-off at the best price quotes.
Buyers can shortlist and buy the best quality branded cars directly from the Truebil Direct stores with a 1-year comprehensive service warranty, 1-year Roadside assistance, and 1 Free service. The newly launched Truebil direct store at Bangalore presently houses 100 best quality and best price pre-owned cars
Commenting on the launch of Truebil Direct in Bangalore, Shubh Bansal, Co-founder and Chief of Marketing said, “Although it is still an unorganized market, Indians are slowly warming up to the idea of new technologies and buying used cars online. This is bringing a substantial progress in the country's automobile ecosystem and an opportunity 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 are migrants relocating for jobs in MNCs, primarily IT companies. They prefer buying used cars over brand new cars. The audience is tech savvy and open to accepting new technology and products immediately, therefore the city looks like a promising market.”

Each car at Truebil Direct undergoes an intensive inspection by the in-house auto engineers and carries a detailed inspection report. For every car, 40 high-quality pictures are uploaded by the company, focusing on each dent/scratch so that consumers do not have to travel to places, just to have a look.
In the pre-owned car segment, Bangalore ranks second in terms of the largest market in India selling cars after Delhi.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. After Bangalore, Truebil now intends to foray into all the major metro cities followed by the tier 2 cities.

About Truebil
Incepted in March 2015, Truebil is India's only curated, authentic and verified marketplace for pre-owned cars. Based out of Mumbai, it aims to make the process of buying and selling pre-owned automobiles surprisingly easy by posting pictures and a detailed inspection report of each car on its platform, while the buyers can shortlist the cars online and avail end-to-end services of the entire buying process. The objective of the transaction-centric platform is to eliminate hassles and inefficiency caused during car purchases from the used automobile ecosystem and to ensure absolute transparency for the buyers. Truebil has been funded twice by Kalaari Capital, Kae Capital and Shunwei Capital in 2016 and 2017.

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