Caller ID app Truecaller mentioned on Thursday that it crossed the 450 million person mark earlier this week. The corporate mentioned that it added 50 million customers prior to now 10 months and 15.5 million customers for the reason that starting of 2025.
India is the corporate’s greatest person base, so it wasn’t shocking 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 mentioned 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 robust progress tendencies in Latin America, South Africa, Kenya, Nigeria, Malaysia and the U.S., to say a number of markets,” he wrote in a weblog put up.
Nevertheless, Truecaller’s prospects in India may be hindered. The nation’s telecom division is pushing cell carriers to implement their own caller ID systems, which may rival the Sweden-based firm’s product.
Truecaller mentioned all through This fall 2024, it maintained an lively person base of almost 430 million customers. The corporate reported positive results 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% for the reason that 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 stage 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 call screening. It has additionally been making an attempt to enhance its SMS and chat shopper.