TrueFan AI
formerly TrueFanTrueFan AI is an artificial intelligence company in Gurugram, India, founded in 2020. It has raised $14.3M across 2 rounds, most recently a $10.0M Series A in June 2026.
AI Video Solutions for Enterprises
- Headquarters
- Gurugram
- Employees
- 51–200
- Founded
- 2020
- Business Model
- B2B
- Website
- truefan.ai
- Total Funding
- $14.3M
- Last Round
- $10.0M Series AJun 2026
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 4 investors for this company. The full record is or through the API.
About
TrueFan AI is a Gurugram-based enterprise generative-AI video platform founded in January 2020 by Devender Bindal, Nimish Goel, and Nevaid Aggarwal, initially as a celebrity-fan engagement service before pivoting to an enterprise model in 2024. The platform turns a single studio recording into thousands of hyper-personalised, localized videos across more than 175 languages for marketing, sales, and customer engagement use cases. TrueFan AI serves more than 100 enterprise customers, including brands such as Goibibo, and reported roughly Rs 17.1 crore (about $2 million) in FY25 revenue, up 131% year-on-year. In June 2026 the company raised $10 million in a Series A round led by Baring Private Equity Partners India and Z3 Partners, with participation from IAN Alpha Fund and 3Lines Venture Capital, at a $40 million post-money valuation.
Summary
It lists 51–200 employees. It has raised $14.3M in total across 2 rounds, most recently a $10.0M Series A round in Jun 2026. Investors include Baring Private Equity India, Mayfield Fund and Z3Partners.
Tech & App Stack
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Funding History
Jun 2026
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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