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Updated: Is Truecaller Raising Funding From Sequoia Capital India Or Not?

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Update: It looks like Truecaller has now changed its earlier stand and Kim Fai Kok had directed us to a boilerplate response:

“Truecaller does not respond to rumors and speculation. We would proactively reach out to the media on all the new developments at Truecaller and would urge the media to refrain from going by speculation.”

Earlier (January 7, 2013): “I’m surprised to read this. This is not true”, Kim Fai Kok, Marketing Manager at Truecaller has told MediaNama, following our request for a confirmation of a report in NextBigWhat yesterday, which said that Truecaller had raised money from Sequoia Capital India, citing sources.

Prior to this, the Sweden-based global phone directory service raised an investment of $1.3 million from the VC firm Open Ocean in September 2012. It claims to have 40 million users globally, of which 22 million users are in India.

Last month, Truecaller had partnered Twitter to allow users of its Android app in the country view whether a mobile number is connected to a Twitter account and follow them directly or send them a tweet right from the Truecaller app. iOS integration was expected later this year. It had also introduced web profiles through which landline and non-smartphone users could create their respective profiles with requisite information like physical address, Facebook and Twitter accounts and others.

In July 2013, Truecaller had also partnered Innoz to allow users look up for mobile and landline numbers via SMS. Users were charged Rs 1 per query and offered information like person’s name, their service provider, region and service type (GSM or CDMA).

Mobile app Phone Warrior that recently raised $550,000 seed investment from Lightspeed Venture Partners is also planning to launch a similar directory app shortly and claims to have one million users at present.

Also readIssues The TrueCaller Hacking Raises About Apps & Their Makers

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