Add-on Acquisition • Internet Software and Services

Truecaller Acquires Chillr

On June 13, 2018, Truecaller acquired internet software and services company Chillr

Acquisition Context

This is Truecaller’s 1st transaction in the Internet Software and Services sector.
This is Truecaller’s 1st transaction in India.

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M&A Deal Summary
Date	June 13, 2018
Target	Chillr
Sector	Internet Software and Services
Buyer(s)	Truecaller
Deal Type	Add-on Acquisition

Target Company

Chillr

Mumbai, India

Backwater Technologies Pvt. Ltd. is a bank payments app. Book hotel rooms & flights, enjoy personalized deals and do much more directly from your Chillr app. Backwater Technologies Pvt. Ltd. was founded in 2014 and is based in Mumbai, India.

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Buyer Overview 1

Buyer

Truecaller

Stockholm, Sweden

Category	Company
Founded	2009
Sector	Internet Software and Services

DESCRIPTION

True Software Scandinavia AB is used for verifying callers. Truecaller finds contact details globally given name or telephone number. True Software Scandinavia AB was founded in 2009 and is based in Stockholm, Sweden.

Deal Context for Buyer	#
Overall	1 of 4
Sector: Internet Software and Services	1 of 2
Type: Add-on Acquisition	1 of 3
Country: India	1 of 3
Year: 2018	1 of 1

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2022-01-13	CallHero New Westminster, British Columbia, Canada CallHero develops a unique technical solution for both Android and iPhone, which helps users verify and answer calls with the help of a digital assistant, a Smart Agent. CallHero is based in New Westminster, British Columbia.	Buy	$5M

DATE

TARGET

DEAL TYPE

VALUE

2022-01-13

CallHero

New Westminster, British Columbia, Canada

CallHero develops a unique technical solution for both Android and iPhone, which helps users verify and answer calls with the help of a digital assistant, a Smart Agent. CallHero is based in New Westminster, British Columbia.

Buy

$5M

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Internet Software and Services M&A - Add-on Acquisition M&A Deals - India M&A - 2018 M&A