Truecaller hits 200 million users – TechCrunch

Summary (IA Generated)

Truecaller, one of the world’s largest caller-identification service providers, has amassed 200 million monthly active users and is increasingly proving that it can turn a profit, it said Tuesday. In India, Truecaller’s largest market, the service now has 150 million monthly active users, it said. Reaching the 200 million milestone gives the Swedish firm a significant lead over its Seattle-based chief rival Hiya, which as of October last year had about 100 million users. But unlike its rivals, Truecaller has expanded beyond its caller ID and spam monitoring service. […] Finances There are scores of startups in India today that are offering payments service to users. […] Truecaller generates more than half of its revenue from ads that it serves to its users.