๐๐ผ๐ ๐ฑ๐ถ๐ฑ ๐ง๐ฟ๐๐ฒ๐ฐ๐ฎ๐น๐น๐ฒ๐ฟ ๐ฏ๐๐ถ๐น๐ฑ ๐ฎ ๐๐๐ฟ๐ผ๐ป๐ด ๐ฝ๐ฟ๐ฒ๐๐ฒ๐ป๐ฐ๐ฒ ๐ถ๐ป ๐๐ป๐ฑ๐ถ๐ฎ? Truecaller is a Swedish software company founded in 2009, specializing in caller identification, spam blocking, and communication management. Headquartered in Stockholm, Sweden, with a strong presence in India, Southeast Asia, and Africa. Business model includes ad-supported free services, premium subscriptions, and enterprise solutions under Truecaller for Business. As of December 31, 2024, reported approximately 429.4 million monthly active users (MAUs), an increase of 55.4 million from 2023. Net sales in Q4 2024 increased by 23% to SEK 522.8 million, up from SEK 424.7 million in Q4 2023. EBITDA rose by 19% to SEK 201.1 million, with an EBITDA margin of 38.5%. Net profit grew by 29% to SEK 150.4 million. Recurring revenues from Truecaller for Business and Premium subscriptions increased by 42%, making up 29% of total revenue. Advertising revenue grew by 17% compared to Q4 2023. Truecaller was listed on Nasdaq Stockholm in 2021. Key competitors include Googleโs Caller ID, Appleโs spam detection features, and various regional spam-filtering apps. Focuses on AI-driven fraud detection, call verification, and business communication solutions. Partnerships with telecom operators and government agencies to enhance scam prevention and regulatory compliance. Strong growth in business services, enabling enterprises to verify calls and improve customer engagement. Expanding fintech services in some regions, offering digital lending and payment features. Alan Mamedi and Nami Zarringhalam co-founded the company in 2009. Founders received Svenska Dagbladetโs honorary award, SvD Affรคrsbragd, in 2022. In February 2025, Rishit Jhunjhunwala became CEO after the co-founders stepped down from operational roles. Follow vishakha Jangir for more such business insights.
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