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TruScholar logo — Blockchain powered digital credential & digital badge issuan...

TruScholar

Blockchain powered digital credential & digital badge issuance platform.

Founded 2019 India Mumbai, India 53 employees Pre-Seed Total: $30.25M EdTech, Education

General Information

Company Name TruScholar
Founded Year 2019
Location India Mumbai, India
Employees 53
Industries EdTech, Education
Funding Stage Pre-Seed
Social

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About TruScholar

TruScholar is an EdTech startup based in India and founded in 2019. The company's slogan, "Blockchain powered digital credential & digital badge issuance platform," encapsulates their core offering. TruScholar addresses the pressing demand for secure digital credentials and Digital Badges across various sectors such as Institutes, Edtech, Universities, Academies, Training Institutes, and Corporates. Utilizing blockchain technology, TruScholar facilitates the creation of tamper-proof digital certificates and badges while ensuring the authenticity of these credentials from anywhere in the world. The platform's decentralized and transparent network safeguards the institutions' credentials for their lifetime, effectively eliminating the risk of fake credentials. The recent Pre Seed Round investment of INR28.00M on 25 November 2021 from SucSEED Indovation demonstrates the confidence of investors in TruScholar's potential. The company's approach has garnered support from noteworthy industry players, including insights from co-founders of EdTech companies and deans & vice-chancellors of established universities. In addition to addressing the issue of fake credentials, TruScholar aims to enhance institutions' storage & retrieval of records, identity representation, KYC enrollment of students, social media engagement, communication with partner universities, and overall reputation. By integrating innovation, TruScholar seeks to revolutionize institutions in India, aligning with the government's policy think-tank Niti Aayog and the NEP 2020's inclusion of blockchain technology to address the challenge of fake credentials.

Business keywords: Blockchain technology, Digital credentials, Digital badges, EdTech, University transformation, Credential issuance, Institutional digital transformation, Authentication, Verification processes, Decentralization, Brand protection, KYC enrollment, Innovation, Integration, Education technology

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round INR28.00M 1
SucSEED Indovation
SucSEED Indovation
25 Nov 2021
Pre Seed Round INR2.25M 1
VINNERS
VINNERS
30 Aug 2020

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FAQ About TruScholar

Blockchain powered digital credential & digital badge issuance platform.
TruScholar was founded in 2019.
TruScholar is headquartered in Mumbai, India.
TruScholar operates in EdTech and Education. Its work centres on Blockchain technology, Digital credentials, Digital badges and EdTech.
TruScholar has approximately 53 employees.
TruScholar has completed 2 funding rounds, raising a total of $30.25M. The latest funding stage is Pre-Seed.
Top alternatives and competitors to TruScholar include Accredible, Parchment, An Instructure Company, Digitary by Parchment, Everspring, SchoolNest. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
TruScholar and Accredible are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for TruScholar, https://bouncewatch.com/company/truscholar, updated 14 November 2024. When citing, please name BounceWatch and link this page.

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