# TrueFan AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/truefan-ai

- Industry: Software
- Headquarters: Gurgaon, India
- Website: www.truefan.in
- Total disclosed funding: $14M
- Latest round: Series A (Jun 4, 2026)
- Investors on record: 6

## About

Based in New Delhi, India, and Founded in 2020. and co-founded by Nimish Goel (CEO), Devender (Dev) Bindal, and Nevaid Aggarwal. Hogwarts E-learning Universe Private Limited d,b,a TrueFan AI focuses on delivering personalized video messages for brands. In September 2026, TrueFan AI raised an undisclosed amount of venture funding from Bajaj Finserv. TrueFan offers a platform that enables the creation of personalized celebrity video messages, enhancing user engagement by incorporating dynamic elements such as names, locations, and visuals. The service caters to various marketing needs, allowing businesses to connect with audiences through celebrity endorsements and tailored content. TrueFan has a diverse clientele that includes over 120 industry leaders and more than 1 lakh users globally, serving markets across North America, Europe, and Asia. For the year 2023, TrueFan AI generated revenue of INR 171 million in year 2025. The company is planning to use the September 2026 funding to expand AI-powered and multilingual communication and improve digital onboarding.

## Funding rounds

- Series A, Jun 4, 2026, $10M — Baring Private Equity Partners, Indian Angel Network, 3Lines Venture Capital, Z3Partners
- Seed, Mar 5, 2020, $4.4M — Mayfield Fund, Saama Capital

## Investors

- Mayfield Fund (https://capitalatlas.ai/funds/mayfield-fund) — Seed
- Saama Capital (https://capitalatlas.ai/funds/saama-capital) — Seed
- Baring Private Equity Partners — Series A
- Indian Angel Network (https://capitalatlas.ai/funds/indian-angel-network) — Series A
- 3Lines Venture Capital (https://capitalatlas.ai/funds/3lines-venture-capital) — Series A
- Z3Partners (https://capitalatlas.ai/funds/z3partners) — Series A
