TruScholar is an EdTech startup based in India and founded in 2019. The company's slogan, "Blockchain powered digital credential & digital badge issuance platform," encapsulates their core offering. TruScholar addresses the pressing demand for secure digital credentials and Digital Badges across various sectors such as Institutes, Edtech, Universities, Academies, Training Institutes, and Corporates. Utilizing blockchain technology, TruScholar facilitates the creation of tamper-proof digital certificates and badges while ensuring the authenticity of these credentials from anywhere in the world. The platform's decentralized and transparent network safeguards the institutions' credentials for their lifetime, effectively eliminating the risk of fake credentials. The recent Pre Seed Round investment of INR28.00M on 25 November 2021 from SucSEED Indovation demonstrates the confidence of investors in TruScholar's potential. The company's approach has garnered support from noteworthy industry players, including insights from co-founders of EdTech companies and deans & vice-chancellors of established universities. In addition to addressing the issue of fake credentials, TruScholar aims to enhance institutions' storage & retrieval of records, identity representation, KYC enrollment of students, social media engagement, communication with partner universities, and overall reputation. By integrating innovation, TruScholar seeks to revolutionize institutions in India, aligning with the government's policy think-tank Niti Aayog and the NEP 2020's inclusion of blockchain technology to address the challenge of fake credentials.
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