Truecaller surpasses 450 million users as growth accelerates in Nigeria, other markets 

The Sweden-based company said it added 50 million new users in the past 10 months alone and approximately 15.5 million new active users since the beginning of 2025.

India remains Truecaller’s largest and most important market.

However, the company said it is now seeing its fastest growth in emerging markets across Africa and Latin America.

Newly appointed CEO Rishit Jhunjhunwala highlighted strong user acquisition in Nigeria, Kenya, South Africa, Malaysia, and the United States in a recent blog post.

“What started off as a quite basic Caller-ID has over the years transformed to become a loved communication platform that solves many different communication needs.  

“We are proud that we now serve more than 450 million users globally. 

“We continue to develop safe communication that goes way beyond just a caller-ID and we constantly add new functionality to protect our users before, during, and after a phone call or SMS,” says Rishit Jhunjhunwala.

Financially, Truecaller reported impressive Q4 2024 results with net sales growing 23% year-over-year and profit after tax jumping 29%. The company’s stock has performed strongly, rising 33% year-to-date.

Truecaller is a global platform for verifying contacts and blocking unwanted communication to enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers.

However, the company must navigate increasing competition and potential regulatory hurdles, particularly in its key Indian market.