New Delhi, Oct. 8 -- TrusTerra, an AI-powered marketplace focusing on used electric vehicles in India, has raised Rs.9 crore in a pre-seed funding round. The round was led by Finvolve and India Accelerator, with participation from GrowthCap Ventures and strategic angel investors, including leaders from the EV and fintech sectors.

At the heart of TrusTerra's platform is the TruEV Score, the country's first AI-driven metric that assesses used EV battery health. This score is intended to serve as a benchmark for resale value and financing decisions, aiming to build trust among buyers, sellers, and lenders in the fragmented pre-owned EV market.

The investment will support the company's efforts to widen its web and mobile marketplace presenc...