East MOVINE co-founder launched Trusterra, India’s first AI-operated EV Platform | Vampire

Maving’s co-founder and top executive, Tanveer Singh, has launched a trust with co-founder Saurabh Arora, Madhu Reddy and Chanakya Aggarwal, marking a major lead for India’s fast growing electric mobility sector. Posted as the country’s first AI-operated platform for pre-owned EVS, Trustra wants to solve the major challenges of trust, standardization and resale value in the EV market used by Trust.

India’s EV region is estimated to cross an annual sales of 10 million units by 2030, yet the resale penetration is less than 2%. This difference has created confusion for buyers, heavy depreciation for vendors, and to be hesitated with dealers to engage in the section. Trustra is designed to close this difference with a transparent, data-powered and standardized evaluation framework that makes EV transactions reliable and liquid.

Trustra co-founder Tanveer Singh said, “EVS is not a side market, they are markets.” “To electrify economically, a reliable resale backbone is important for India. We are building backbones to ensure that each EV owner can unlock the reasonable price, making backbones to ensure that each dealer can trade with confidence, and each buyer can buy with confidence.”

Electric’s founder Avinash Sharma said, “Lack of a reliable resale structure has been one of the biggest obstacles for widespread EV adoption in India.” “Trustra’s AI-supported approach with Truevy Score ™ has the ability to unlock both the consumer and the dealer, and the EV will play an important role in strengthening the ecosystem.”

Trusterra has Truev Score ™ in the heart, an ownership AI-driven evaluation system that measures EV’s battery health, range stability and the remaining useful life (rul). Like the credit score for EVS, it ensures proper pricing, strengthens the buyer’s confidence, and creates clarity for dealers and financial institutions. Applying the score is two powerful solutions: Terrakash ™, a rapid clinical and liquidity service that allows EV owners to immediately assess the health of his vehicle and receive bids with payment within 24 hours, and Teribid ™, a certified dealer auction platform that offers only quality EVS in the market, offering extended warrants, offering extended warrants only, Also affects.

The company is already engaged to validate its AI-supported diagnostic and scoring approaches with the already leading EV OEMs, NBFCs, insurers and dealer networks and displays Truevic Score ™ in action.

Initially focusing on Delhi NCR, Trustra plans to expand to major EV hubs like Bengaluru, Pune and Hyderabad. The platform will serve both B2C customers (including individual owners and buyers, Gig workers) and B2B clients (fleet, dealers, banks, leasing companies). Over the next 3-5 years, Trustra aims to facilitate 1 million pre-east-pasted EV transactions, while targeting the market cap of 500 crores within the first two years of operation. This ambition reflects both the confidence of the team in the creation of opportunity in the EV ecosystem used in the ecosystem and the rebellion spine of India for electric mobility.