Stake Purchase • Digital Media

Truecaller Invests In Mayhem Studios

On April 11, 2023, Truecaller invested in digital media company Mayhem Studios

Investment Context
  • This is Truecaller’s 1st transaction in the Digital Media sector.
  • This is Truecaller’s 2nd transaction in India.

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Investment Summary

Date April 11, 2023
Target Mayhem Studios
Sector Digital Media
Investor(s) Truecaller
Deal Type Stake Purchase

Target Company

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.
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Investor Overview 1

Investor

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 Investor #
Overall 3 of 4
Sector: Digital Media 1 of 1
Type: Stake Purchase 1 of 1
Country: India 2 of 3
Year: 2023 1 of 2
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-06 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.

Buy -

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