Popular caller-identification provider Truecaller has accumulated 250 million month-to-month active users and two hundred million each day active users, demonstrating an expanded tempo of boom in current quarters at the same time as a global pandemic has harm maximum groups, it stated on Wednesday.
The service, run through eponymous Stockholm-based company, lets in customers to avoid junk mail calls by using figuring out the callers and additionally filters similar texts. The service is famous in lots of parts of the world, however India, where anyone receives dozens of such calls every month, is Truecaller’s biggest marketplace.
Even as Apple and Google have advanced the caller ID feature of their cellular working structures in current years and brought several other steps to slash junk mail calls, Truecaller’s services continue to be unmatched.
Truecaller had two hundred million monthly lively users in February this 12 months, and it reached one hundred million day by day active users milestone in April 2018. More than 150 million of its monthly energetic consumer base are in India. In truth, Truecaller is the handiest app not made by means of Google or Facebook at the listing of pinnacle 10 most used apps in the usa, in keeping with cell insights company App Annie (statistics of which an industry exec shared with TechCrunch).
In recent years, Truecaller has expanded its platform to feature messaging and payments offerings, which has also allowed it to increase the scope to monetize customers. The organisation informed TechCrunch that its revenue grew 90% in the zone that ended in September, compared to the same duration last 12 months. Earlier this year, the corporation launched a new product that lets in corporations to authenticate users on their apps with out giving them a call.
The eleven-12 months-old, Sequoia Capital-sponsored company is likewise making ready to go public inside the next years, its co-founder and leader executive Alan Mamedi advised TechCrunch in an interview early this 12 months.
On Wednesday, Truecaller additionally announced it has appointed Fredrik Kjell as its new Chief Operating Officer. Kjell formerly served as Chief Product Officer at Kindred Group, a web playing company.
“With Fredrik’s robust operational heritage from previous purchaser corporations, and good sized experience in a big publicly traded employer, we consider he can be a outstanding addition to the agency and the worldwide government crew. We’re on an interesting journey to take Truecaller to the subsequent degree, and that is a superb step in the direction of it,” said Mamedi in a announcement.