Caller ID app Truecaller stated on Thursday 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 to see Truecaller selling its Chief Product Officer and MD of India operations, Rishit Jhunjhunwala, to CEO after the corporate’s co-founders determined to step again from day-to-day operations final yr.
Jhunjhunwala stated that whereas India stays a vital marketplace for Truecaller, the corporate additionally noticed progress in different areas.
“We’re proud that we now serve greater than 450 million customers globally. As earlier than, we proceed to see regular progress in our largest market, India, however the quickest relative progress is in markets outdoors of India. Thus far in 2025, we see sturdy progress tendencies in Latin America, South Africa, Kenya, Nigeria, Malaysia and the U.S., to say a couple of markets,” he wrote in a weblog publish.
Nevertheless, Truecaller’s prospects in India could be hindered. The nation’s telecom division is pushing cellular carriers to implement their very own caller ID methods, which might rival the Sweden-based firm’s product.
Truecaller stated all through This fall 2024, it maintained an energetic person base of practically 430 million customers. The corporate reported constructive outcomes for the quarter ended December 2024, with internet gross sales up 23% and revenue after tax up 29% from a yr earlier. The corporate’s inventory is up greater than 33% because the starting of this yr.
Earlier this yr, the corporate up to date its app to work higher with iOS. Earlier than that replace, due to working system degree restrictions from Apple, Truecaller’s reside caller ID characteristic wasn’t on par with its Android model.
Truecaller has additionally tried to diversify its choices with merchandise like name recording and transcription, in addition to an AI-powered assistant for name screening. It has additionally been making an attempt to enhance its SMS and chat consumer.
