Add-on Acquisition • Internet Software and Services

Truecaller Acquires TrustCheckr

On October 6, 2023, Truecaller acquired internet software and services company TrustCheckr

Acquisition Context

This is Truecaller’s 2nd transaction in the Internet Software and Services sector.
This is Truecaller’s 3rd transaction in India.

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M&A Deal Summary
Date	October 6, 2023
Target	TrustCheckr
Sector	Internet Software and Services
Buyer(s)	Truecaller
Deal Type	Add-on Acquisition

Target Company

TrustCheckr

Mysore, India

TrustCheckr is a SaaS platform that helps businesses verify customer information and detect risk of fraud based on phone numbers and digital signals. TrustCheckr was founded in 2017 and is based in Mysore, 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	4 of 4
Sector: Internet Software and Services	2 of 2
Type: Add-on Acquisition	3 of 3
Country: India	3 of 3
Year: 2023	2 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2023-04-11	Mayhem Studios Bengaluru, India Mayhem Studios is focuses on developing mobile games for the Indian market. Mayhem Studios was founded in 2022 and is based in Bengaluru, India.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2023-04-11

Mayhem Studios

Bengaluru, India

Mayhem Studios is focuses on developing mobile games for the Indian market. Mayhem Studios was founded in 2022 and is based in Bengaluru, India.

Buy

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