The caller id app Truecaller stated that it crossed the 450 million person mark earlier this week. The corporate stated that it added 50 million customers prior to now 10 months and 15.5 million customers because the starting of 2025.
India is the corporate’s greatest person base. So it wasn’t stunning when Truecaller promoted Chief Product Officer and MD of India operations, Rishit Jhunjhunwala, to the CEO place after the corporate’s co-founders determined to step again from day-to-day operations final 12 months.
Jhunjhunwala stated that whereas India stays a important marketplace for Truecaller, it additionally noticed progress in different areas.
“We are proud that we now serve more than 450 million users globally. As before, we continue to see steady growth in our largest market, India, but the fastest relative growth is in markets outside of India. So far in 2025, we see strong growth trends in Latin America, South Africa, Kenya, Nigeria, Malaysia, and the US, to mention a few markets,” he talked about in a weblog publish.
Truecaller’s progress and place in India is likely to be challenged as the nation’s telecom division is pushing cell carriers to implement its personal caller ID system, which might rival the Sweden-based firm’s product.
The corporate stated that all through This autumn 2024, it maintained an energetic person base of practically 430 million customers. The corporate had constructive outcomes for the quarter ending December, with internet gross sales up 23% and revenue after tax up 29% year-over-year. The corporate’s inventory is up greater than 33% year-to-date on the time of writing.
Earlier this 12 months, the corporate additionally built-in its caller ID product to work higher with iOS. Till then due to working system degree restrictions from Apple, the stay caller ID characteristic wasn’t on par with its Android equal.
Truecaller has additionally targeted on creating worth past simply caller ID by introducing merchandise like name recording and transcription and an AI-powered assistant for name screening. It has been attempting to enhance its expertise as an SMS and chat shopper.
