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Homegrown startup Naam looks to challenge Truecaller with privacy-focused caller ID app

YourStory

YourStory · 1y ago

Homegrown startup Naam looks to challenge Truecaller with privacy-focused caller ID app

Jaipur-based startup Naam.ai is offering an Indian-made alternative to caller identification app Truecaller. Naam uses AI to identify potentially fraudulent numbers by scraping through its database of over 500 million phone numbers. Unlike Truecaller, Naam's app is much lighter, at just 5.9 MB, and it offers all features, including automatic spam identification blocking, for free. The company plans to monetise through avenues such as verified caller ID programmes, where companies pay a fee to be designated a verified caller. Naam is currently seeking $2-3m in investment to fund its growth to 10 million users over the next three years.

Related News

Truecaller brings real-time caller ID to iPhone users | TechCrunch

TechCrunch · 7m ago

Truecaller brings real-time caller ID to iPhone users | TechCrunch

Truecaller has introduced real-time caller ID for iPhone users, leveraging Apple's new Live Caller ID Lookup in iOS 18. Previously available only for Android, this feature now allows real-time identification on iOS, enhancing user experience. This update comes after Truecaller's co-founders stepped down from operations. Despite only 750,000 of its 2.6 million paying subscribers on iOS, 40% of premium revenue is iOS-based, highlighting its significance. Truecaller plans further iOS app advancements.

Truecaller adds a new AI feature to detect and block more spam calls

TechCrunch · 1y ago

Truecaller adds a new AI feature to detect and block more spam calls

Truecaller, the popular caller ID app, has released an update for Android users that uses AI to block all calls that don't come from approved contacts or that the AI determines might be spam. This update, known as "Max," is only available for Android as Apple does not allow similar services on iOS. The move comes at a crucial time for Truecaller, as it recently experienced a decline in revenue and faces competition from a proposed Indian caller ID service. Truecaller hopes that the AI-powered feature will attract more premium subscribers.

How people's reluctance to take phone calls is affecting companies and gig workers in particular

Economic Times

Economic Times · 1y ago

How people's reluctance to take phone calls is affecting companies and gig workers in particular

The surge in spam calls and fear of scams have led to a widespread tendency to ignore calls from unknown numbers. This has resulted in important transactional calls going unanswered, causing inconvenience for both consumers and businesses. To adapt to this change, companies are exploring alternative communication methods such as in-app messaging and VoIP calls. Verified business caller ID services like Truecaller and CallerApp are being used to increase call pickups, while some large enterprises are building in-app calling capabilities. This change in phone habits, favoring texting over calling, is driven by the younger generation's desire for efficiency and privacy.

Truecaller spends $140 mn on dividends, buybacks amid share slump

The Arc Web

The Arc Web · 1y ago

Truecaller spends $140 mn on dividends, buybacks amid share slump

Caller ID app Truecaller has spent $141 million on dividends and share buybacks over the past 18 months during a period of business slowdown. The company recently announced a special dividend of $54.4 million (SEK 590 million) for its shareholders, along with plans to give 25% of its profit after tax as dividends each year. Additionally, Truecaller has completed a share buyback, spending $86.5 million (SEK 940 million) to cancel a 7.5% stake. Despite the positive news, Truecaller's market capitalisation has dropped to $1 billion, and its shares are currently 35% lower than the IPO price in 2021.

Truecaller launches a web client for its Android users

TechCrunch · 1y ago

Truecaller launches a web client for its Android users

Truecaller has introduced a web version of its popular caller ID application, initially available to Android users in India. The new feature, called Truecaller for Web, allows Android users to link their devices to the web client on a PC or Mac via a QR code, bringing features such as SMS and chat mirroring, call notifications, and number search functionality to the desktop. The web version aims to offer convenience and improved functionality for Truecaller users, with plans to expand support to other territories in the future.

Truecaller partners with Khyaal to protect senior citizens from scams

Economic Times

Economic Times · 23d ago

Truecaller partners with Khyaal to protect senior citizens from scams

Truecaller has partnered with Khyaal, an app focused on senior citizens, to safeguard them against scams. The collaboration offers Truecaller's advanced caller identification and spam protection at a discounted rate for Khyaal members. Together, they will provide educational content about identifying scams and organizing workshops through the Khyaal app. This initiative includes educational sessions, interactive workshops, and safety events to enhance digital safety for seniors, empowering them with the knowledge and tools needed to stay protected.

Truecaller launches AI-based feature "Truecaller Assistant" for call management

Startup News FYI

Startup News FYI · 2y ago

Truecaller launches AI-based feature "Truecaller Assistant" for call management

Truecaller, the caller identification app, has introduced an innovative AI-driven feature named “Truecaller Assistant,” designed to assist users in handling incoming calls. This feature, which operates in Hindi, English, and the Indianised ‘Hinglish’ languages, can answer calls on the user’s behalf, providing a convenient way to manage their calls.

Ecom Express partners with Truecaller to drive secure communication with customers

Economic Times

Economic Times · 5m ago

Ecom Express partners with Truecaller to drive secure communication with customers

Ecom Express has partnered with Truecaller to enhance secure and reliable communication with customers in India. By utilizing Truecaller's Verified Business Caller ID, Ecom Express aims to reduce call rejection rates and improve trust, ensuring customers can easily recognize verified calls through company identifiers like name, logo, and a verified badge. This partnership seeks to enhance customer communication and operational efficiency by reducing missed or disregarded calls.

Truecaller announces AI-powered call recording feature in India

Economic Times

Economic Times · 1y ago

Truecaller announces AI-powered call recording feature in India

Swedish caller identification app Truecaller has launched an AI-powered call recording feature in India. Available with the Truecaller Premium subscription, the feature allows users to record and transcribe incoming and outgoing calls. The AI integration enables detailed transcriptions and generates call summaries, improving productivity during conversations. The call recording solution is priced starting at INR 75 per month and supports English and Hindi languages. Truecaller aims to provide users with greater control and flexibility in managing their conversations.

Swedish Spam Blocker Truecaller Takes on AI Voice Clones

Livemint

Livemint · 7m ago

Swedish Spam Blocker Truecaller Takes on AI Voice Clones

Truecaller, a Swedish spam-blocking app, is tackling rising digital fraud through AI voice cloning, which scammers use to mimic voices for phone fraud. The company combats this by analyzing caller voices for AI generation. Chief Executive Rishit Jhunjhunwala highlights the significance of acquiring CallHero Ltd. and potential AI acquisitions to enhance detection capabilities. Truecaller plans to leverage iOS’s ecosystem for growth and maintains data protection in line with EU standards. Despite challenges, the company’s shares have risen significantly.

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