Online directory service Truecaller is looking to raise $100 million in funding from as yet unnamed companies (possibly new and existing investors including Google and Twitter), reports TechCrunch. The report says that the funding would value Truecaller at $1 billion. The funds will be used to grow the product, expansion and build an office in the US. Truecaller has reportedly hired Morgan Stanley to lead the process. It has raised around $80 million to date. The company’s 2014 Sweden filings indicate that it posted net sales of SEK 6.7 million (~$780,000) and a net loss of SEK 84.6 million ($9.8 million), which was up by almost 400% compared to 2013 figures. It makes money through in-app purchases for premium features along with advertising. Truemessenger SMS app: Earlier last month, Truecaller launched an Android messaging app called Truemessenger which claimed to…
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