Truecaller turns profitable, crosses 200 mn monthly user-base globally
Phone directory app Truecaller on Tuesday said it has achieved profitability over the last four months with India contributing significantly to the growth. The Stockholm-based company has also crossed the 200 million monthly active users (MAUs)-mark globally. Of this, 150 million were from India.
“The aggressive growth in advertising sales and premium subscriptions in India have been a driving force in revenue generation,” Truecaller said in a statement.
Premium subscriptions have grown immensely since it was launched a year back, it added.
“It has already crossed the 1-million mark and projected to grow by another 50 per cent in coming months,” according to the statement.