Truecaller cuts 70 jobs as net sales fall 27%
NewsBytes | May 9, 2026 12:39 AM CST
Truecaller subscriptions rise 27%
CEO Rishit Jhunjhunwala pointed to India's ban on real-money gaming apps, instability in the Middle East, and changes from ad partners like Google as reasons for the decline.
On a brighter note, subscription revenue grew by 27% and now makes up nearly one-third of total sales.
Truecaller is doubling down on paid features like AI Assistant and Family Protection to keep users interested, even as competition from telecom companies heats up.
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