Truecaller adds 23.3 million users in India during first quarter of CY24

India continues to remain one of the biggest markets for Truecaller as the region accounted for the bulk of its user base. For the first quarter of CY2024 ended March 31, 2024 the user base of the firm touched 272.6 million. An addition of 23.3 million users compared to Q1 of CY23.

Net sales of the company increased by 8 per cent in India reaching SEK 316.8 million in the first quarter, compared to SEK 292.2 million in the corresponding quarter of the previous year.

Truecaller’s user base in India also continued to grow. The average number of active users (MAU) increased by 39 million to approximately 383.4 million monthly active users, out of which 272.6 million monthly active users are in India alone.