What is the revenue of Truecaller?

What is the revenue of Truecaller?

Revenue rose to 312.8 million Swedish crowns ($36.48 million) from 136.5 million crowns a year earlier while monthly active users rose 20\% from a year earlier to around 292 million.

Does Truecaller sell data?

As their official statement , they don’t steal data neither selling anywhere these data. For betterment of truecaller service ,they use your data including messages etc .

How does Truecaller business work?

The first and the most obvious way for Truecaller to earn money is by offering premium services. It has two packages for you – Truecaller Premium and Truecaller Gold. Firstly, they provide you an ad-free experience and a badge to your profile which you can flaunt for being premium.

Is Truecaller really free?

Although the app is mostly free to use, Truecaller has a premium and gold membership option on different prices that gives its users many more tools and features along with the basic ones. Millions of users are having a paid membership with Truecaller and paying on a monthly or annual basis.

Who is the CEO of Truecaller?

Alan Mamedi
Alan Mamedi is the co-founder and CEO of Truecaller. Prior to co-founding Truecaller, Alan co-founded Möbeljakt.se and Jobbigt.se. He also founded Bidding.se in 2006.

Who is the owner of Truecaller?

TrueCaller is developed by True Software Scandinavia AB, a privately held company with a head office in Stockholm, Sweden, founded by Alan Mamedi and Nami Zarringhalam in 2009, but most of its employees are in India.

Why we should not use Truecaller?

Truecaller attempts to stop people from spamming you. But in doing so it actually makes spamming people easier, even if you may not realise it. Since the very beginning of Truecaller it has been clear to almost everyone with sense to connect dots that this is a dangerous app.

What is the blue tick in Truecaller?

It is an indication of a Truecaller user. People who have a blue avatar badge next to their name has installed and created a profile in Truecaller.

What is blue tick mark in Truecaller?

When a user sets up their Truecaller profile with their true name, if Truecaller’s intelligent technology agrees with the name, the user will be rewarded with a Verified Badge that is shown on their profile when they call, or with reverse number lookup. This alerts other users that the name shown is a real name.

What is the disadvantage of Truecaller?

The problem with Truecaller is that it leaks phone numbers, brings them into public. It has become a phone directory for the 21st century. But unlike the directories of the last century this one contains details of cell phone numbers, which are more personal and pervasive compared to landline numbers.

How much does Truecaller charge per month?

Truecaller earns the biggest part of its revenue by charging for its premium services. Instead of fix monthly of annual charges, Truecaller provides a lot of facilities for premium members. Premium services of Truecaller are starting from $0.99 per month. It depends on what facilities or services you want to avail.

What is the revenue model of Truecaller?

Earlier the revenue model of Truecaller was freemium. Initially, Truecaller imported national phone directory available into the system but the amount of data was not sufficient and the quality of data was low. Consequently, a shift was made to a collaborative model where the users are a part of building up the content in the service.

Why do I need a Facebook account to use Truecaller?

If you use Truecaller, you know that it asks you to sign up using Facebook, Yahoo, or Google accounts. These social media platforms already have a fair picture of you and your community in the digital space. When you sign up using these, you give access to this community to Truecaller.

Will Truecaller’s IPO go well?

In December 2019, Truecaller announced its plans to go public in an IPO in 2022. Truecaller has Openocean, Sequoia capital, Atomico investments, and Kleiner Perkins Caufield & Byers as their investors. Given the current situation, the IPO plans may stretch out to a bit longer than expected. But I wonder how well it will go.