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Truecaller crosses 200 million MAUs globally, will be IPO ready in 3 years

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Truecaller has crossed 200 million monthly active users worldwide, and "will be ready for IPO in three years", the company announced in a press release on February 4. The Sweden-headquartered smartphone app also claims to have been profitable over the last 4 months and attributes the growth in revenue generation to the increase in advertising sales and premium subscriptions in India. "This is a concrete milestone on our path to build a financially-sustainable independent company that will be ready for IPO in three years." — Sandeep Patil, Managing Director, Truecaller Users in India: It has 150 million users in India, Truecaller told us. Although it currently has more than a million premium subscriptions and expects a 50% growth in the "coming months", Indian numbers for premium subscriptions aren't available as "there is no break up of premium India vs global",…

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