Phonebook and caller identification app Truecaller has hit 200 million monthly active users (MAUs) globally.

It also turned profitable in the last four months, and continued to grow its revenues at 70 percent, the company announced.

Truecaller Premium has already crossed one million subscribers in India, and is projected to grow by 50 percent in coming months.

Sandeep Patil, Managing Director, Truecaller, said,“We will continue to grow revenues through investments in advertisement, subscriptions, credit and financial services.

It is also revamping Truecaller Priority that lets users identify relevant calls from businesses, and weeds out the spam calls. | To read full story, visit https://startuparound.com/read/1580810409.5959969/Truecaller-crosses-200M-monthly-users,-targets-IPO-in-three-years?ref=audio_experience