True Balance
Gurgaon
About True Balance
True Balance is a digital wallet owned and operated by Balancehero India Private Limited (BHI), that enables users to access utility bill payment, loan recharge, insurance, and other financial products. With 70 million users, True Balance aims to serve India with utility payments financial platform for the unbanked users to serve their money for living requirements. Affinit is a non-banking financial company (NBFC) licensed by the Reserve Bank of India (RBI), provides digital financial services through TrueBalance. It was launched in 2014 by Mr. Charlie Lee as CEO, an alumnus of the University of Chicago.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 101 – 250
- Estimated revenue: $1K – $10K
- Total funding: $282.7M
- Funding stage: Late Stage Venture
- Last round: Debt Financing (Mar 2026)
- Website: truebalance.io
- Phone: (0120)-4001028
Industries & Categories
Apps, Financial Services, FinTech, Mobile Payments, Personal Finance
Social Profiles
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