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Truecaller

#7615

Rank

$381.9M

Marketcap

SE Sweden

Country

Truecaller
Leadership team

Mr. Alan Mamedi (Co-Founder, CEO & Director)

Mr. Nami Zarringhalam (Co-Founder, Chief Strategy Officer & Director)

Mr. Odd Bolin Ph.D. (Chief Financial Officer)

Products/ Services
Apps, Contact Management, Mobile, Mobile Apps, Search Engine
Number of Employees
100 - 500
Headquarters
Stockholm, Stockholms Lan, Sweden
Established
2009
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
TRUE-B.ST
Social Media
Overview
Location
Summary
Truecaller AB (publ), through its subsidiary, True Software Scandinavia AB, operates a communication platform for verifying contacts and blocking unwanted calls and messages worldwide. It enables safe and relevant conversations between people and for businesses to connect with consumers. Truecaller AB (publ) was founded in 2009 and is headquartered in Stockholm, Sweden.
History

TrueCaller is developed by True Software Scandinavia AB, a privately held company with a head office in Stockholm, Sweden, founded by Alan Mamedi and Nami Zarringhalam in 2009, but most of its employees are in India.It was initially launched on Symbian and Windows Mobile on 1 July 2009. It was released for Android and Apple iPhone on 23 September 2009, for BlackBerry on 27 February 2012, for Windows Phone on 1 March 2012, and for Nokia Series 40 on 3 September 2012.

As of September 2012, TrueCaller had five million users performing 120 million searches of the telephone number database every month. As of 22 January 2013, TrueCaller reached 10 million users. As of January 2017, TrueCaller had reached 250 million users worldwide. As of 4 February 2020, it crossed 200 million monthly user-base globally, of which 150 million were from India.On 18 September 2012, TechCrunch announced that OpenOcean, a venture capital fund led by former MySQL and Nokia executives , were investing US$1.3 million in TrueCaller to push TrueCaller’s global reach. TrueCaller said that it intended to use the new funding to expand its footprint in "key markets"—specifically North America, Asia and the Middle East.In February 2014, TrueCaller received US$18.8 million in funding from Sequoia Capital, alongside existing investor OpenOcean, TrueCaller chairman Stefan Lennhammer, and an unnamed private investor. It also announced a partnership with Yelp to use Yelp's API data to help identify business numbers when they call a smartphone. In October of the same year, they received US$60 million from Niklas Zennström's Atomico investment firm and from Kleiner Perkins Caufield & Byers.On 7 July 2015, TrueCaller launched its SMS app called TrueMessenger exclusively in India. TrueMessenger enables users to identify the sender of SMS messages. This launch was aimed at increasing the company's user base in India which are the bulk of its active users. TrueMessenger was integrated into the TrueCaller app in April 2017.In December 2019, TrueCaller announced it plans to go public in an IPO in 2022. TrueCaller has launched the Covid Hospital Directory keeping in mind the increasing cases of corona infection in India. Through this directory, Indian users will get information about the telephone number and address of Covid Hospital.

Mission
Truecaller’s mission is to bring trust and safety to the digital world by empowering people to move beyond the limitations of communication today.
Vision
Truecaller aims to be the most trusted communication tool in the world that enables people to independently shape their own useful and safe digital experience.
Key Team

Ms. Annika Maria Billberg (Head of IR & Communication)

Fatima Antonsson (Chief Human Resource Officer)

Mr. Fredrik Kjell (Chief Operating Officer)

Mr. Rishit Jhunjhunwala (Global Chief Product Officer & MD of Truecaller India)

Mr. Ola Espelund (Chief Corp. Affairs Officer)

Mr. Shiladitya Mukhopadhyaya (Global Head of Enterprise Solutions)

Mr. Ben Zhang (Chief Bus. Officer)

Recognition and Awards
Truecaller has been the recipient of several awards, including 'Outstanding App' at the GSMA Global Mobile Awards, 'Best App of the Year' at the Ooredoo App Awards, In 2018, Truecaller was named the ‘Best Calling & Messaging App’ at the Google Play Awards, and also voted as the ‘Crowd Favorite’ at the annual Android Developer’s Conference in the Google Play Awards for 2019.
References

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Truecaller
Leadership team

Mr. Alan Mamedi (Co-Founder, CEO & Director)

Mr. Nami Zarringhalam (Co-Founder, Chief Strategy Officer & Director)

Mr. Odd Bolin Ph.D. (Chief Financial Officer)

Products/ Services
Apps, Contact Management, Mobile, Mobile Apps, Search Engine
Number of Employees
100 - 500
Headquarters
Stockholm, Stockholms Lan, Sweden
Established
2009
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
TRUE-B.ST
Social Media