Truebil raises $1 mn from Japan-based Spiral Ventures

Used car marketplace Truebil raised $1 million in a fresh funding round from Japan-based Spiral Ventures. Truebil had raised $14 million in Series B funding in a mix of equity and debt in January. Founded by IIT alumni Suraj Kalwani, Ravi Chirania, Shubh Bansal, etc. in 2015, it follows integrated online and offline model for buying and selling pre-owned cars.