🦊/Companies

TruScholar

Founded 2019 · 65 employees on LinkedIn · 4 known investors

Find your way into TruScholar

192 people in our graph share verified history with the TruScholar team — schools, employers, funds. One of them is your warm intro.

Venktesh Shuklaunlockedknows Mayur Zanwar · together at TiE (overlapped)
×3knows the team · via TiE
×6knows the team · via University of Wisconsin-Madison
knows the team · via The Institute of Chartered Accountants of India
knows the team · via Institute of Management Technology, Ghaziabad

TruScholar provides digital credential solutions for universities to issue, verify, and manage student certificates and academic records. The platform helps institutions comply with education standards, integrate with existing systems, and improve accreditation outcomes through blockchain-secured credentials.

Founders & leadership

TruScholar was founded in 2019 by Mayur Zanwar and Samit Singhai.

MZMayur Zanwar
Mayur ZanwarinFounder/DirectorMayur Zanwar is a Chartered Accountant with experience in taxation and finance who transitioned into blockchain technology, completing a professional course in blockchain from IMT Ghaziabad. He founded TruScholar in 2020 to provide secure, verifiable digital credentials and co-founded Asset Chain to develop blockchain solutions for corporate licenses and supply chain applications.
SSSamit Singhai
Samit SinghaiinFounder/DirectorSamit Singhai is founder and director of TruScholar, which provides digital credential solutions for universities to issue, verify, and manage student certificates and academic records using blockchain technology. He also holds a leadership role at Kasturi Metal Composite Ltd, a steel fiber manufacturer preparing for an SME IPO.

Investors · 4

Also in the syndicate · 3

PadUp VenturesSucSEED Indovation FundVinners

Funding

SEC filings, press & company announcements
  • Undisclosed amountPre-Series AApr 2026

    PadUp Ventures, SucSEED Indovation Fund, Vinners

    Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

TruScholar operates a blockchain-based digital credential platform used by educational institutions and corporate bodies to issue and verify academic and professional records. The credential types it supports include certificates, badges, marksheets, diplomas and degrees, which are issued as tamper-proof records that recipients can verify and share, for example on professional networking profiles such as LinkedIn.

The platform is positioned around Indian higher-education compliance requirements: it markets itself as compliant with NAD (National Academic Depository) and ABC (Academic Bank of Credits) standards under the National Education Policy (NEP) 2020, and presents verified credentialing as a way for institutions to improve NAAC ratings and reduce administrative overhead in certificate management. Integration options advertised include an API and Zapier.

Business model

TruScholar sells its credential issuance and verification platform to institutions and organizations, which use it to issue digital credentials to their students, members or employees; the company's site directs prospective customers to book a demo.

Traction

The company reports being trusted by over 500 institutions and corporations, with named deployments including Utkal University, Loyola Institute of Business Administration, D Y Patil International University, Global Association for Corporate Services and Unique Skill Development Center.

Full profile — market position, technology, go-to-market, geography

Market position

TruScholar states it is trusted by more than 500 institutions and corporations, and publishes customer testimonials from Utkal University, Loyola Institute of Business Administration, D Y Patil International University, the Global Association for Corporate Services, and Unique Skill Development Center.

Technology

The platform uses blockchain technology to secure digital credentials, producing records described as tamper-proof and independently verifiable, and offers integration with institutional systems through an API and Zapier.

Go-to-market

Direct sales to institutions supported by a demo-request funnel on the company website, with named university and association references used as proof points.

Universities and colleges, skill-development and training providers, and corporate or professional associations that issue certificates and academic records, primarily in India.

Geography

The company's customer references and regulatory focus (NEP 2020, NAD/ABC, NAAC) are centered on India, while credentials are marketed as globally verifiable and shareable.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Institutions and corporations servedJan 2025500 customers

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

In the news

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does TruScholar do?
TruScholar is an India-focused platform that issues blockchain-secured, verifiable digital credentials for educational institutions and corporations.
Who founded TruScholar?
TruScholar was founded by Mayur Zanwar, Samit Singhai in 2019.
Who are TruScholar's investors?
TruScholar's investors include SucSEED Indovation.