Truecaller explores listing on Indian bourses as it goes beyond caller ID

Caller identification service provider Truecaller is exploring the option of listing on the Indian stock exchanges as it works towards meeting the requirements for the same over the next three years. If successful, it would become the first international tech start-up to list in India.

“We are thinking it through (listing in India). The risk profile that we have from a corporate perspective is strong India exposure with a European governance on top. It could IPO very well on Nasdaq or London, but India is also in consideration because India is our largest market,” Sandeep Patil, MD, Truecaller, told BusinessLine.

Patil is the company’s first Managing Director and is based in India, in a move that highlights Truecaller’s growing focus on the country’s market.