True Bids is a team of seasoned consultants and auction professionals with deep expertise in asset recovery, salvage management, and claims settlement.
TrueBids , founded by Sarika Sharma brings decades of experience in handling complex claims related to fire, marine, and miscellaneous incidents. We work closely with individual and corporate clients, offering strategic guidance aimed at minimizing losses, streamlining salvage disposal, and ensuring seamless claim settlements.
Building a strong reputation within the insurance industry, True Bids has expanded its scope to cater to manufacturers by providing a structured platform for the disposal of idle and damaged assets through forward eAuctions. Leveraging our domain knowledge, we also introduced reverse eAuctions, enabling fast, cost-effective procurement solutions across a wide range of sectors.
Our team represents a blend of industry expertise and diverse professional backgrounds. What unites us is a shared mission — to create a fair, transparent, and scalable marketplace for the exchange of salvage, scrap, and a broad spectrum of goods and services.
As pioneers in professional salvage and asset liquidation, True Bids has consistently delivered outstanding results. Through our eAuction platform and curated listings, we have helped businesses across industries recover maximum value from surplus assets. Today, True Bids manages multiple auctions annually, driving value and efficiency for both buyers and sellers.
