Truecaller, the world’s leading caller identification and spam-blocking platform, was founded in 2009 by Alan Mamedi and Nami Zarringhalam in Stockholm, Sweden. Today, Truecaller CEO Rishit Jhunjhunwala leads the company’s mission to build trust in communication for over 450 million monthly active users worldwide. Appointed Group CEO in January 2025, Jhunjhunwala succeeded co-founder Alan Mamedi after a decade at the company, rising from Head of Product to Managing Director of India to the top leadership role. Under his stewardship, Truecaller has continued its strong growth trajectory, with recurring revenues surging 46% year-over-year and the platform adding approximately one million new users every week.
Rishit Jhunjhunwala — Quick Facts
Truecaller Competitors
Truecaller operates in the competitive caller identification, communication, and fintech space. The key competitors of Truecaller include:
- Google Phone / Call Screen — Built-in caller ID on Pixel and Android devices
- Hiya — Caller ID and spam-blocking platform used by Samsung and AT&T
- Nomorobo — Robocall-blocking service for landlines and mobile
- CallApp — Caller ID and call recording app
- Whoscall — Caller identification app popular in East Asia
- Showcaller — Caller ID and blocking app
- Mr. Number — Call blocking and reverse phone lookup
Early Life & Education
Rishit Jhunjhunwala was born and raised in Bangalore, India in 1977. He grew up in India’s technology capital, which would later become the center of his career in the tech industry. Jhunjhunwala earned a degree in Business Management from Bangalore University, one of India’s premier public universities.
While not a graduate of IIT or IIM — India’s most prestigious engineering and management institutes — Jhunjhunwala’s career trajectory demonstrates that entrepreneurial drive and product instinct can be equally powerful credentials. His educational foundation in business management provided the strategic thinking skills that would prove essential throughout his career as a tech entrepreneur and product leader.
Career
Rishit Jhunjhunwala’s career spans over two decades in technology, product development, and entrepreneurship. Below is his complete career timeline:
Rishit Jhunjhunwala Career Timeline
Jhunjhunwala began his career in 2000 by co-founding Verity Technologies, a value-added telecom services startup in India. After running the startup for seven years, he joined July Systems as VP of Strategic Programs in 2007, working there until 2011. July Systems was later acquired and integrated into Cisco Spaces in 2018.
In 2011, he co-founded CloudMagic, a Bengaluru and Florida-based company that developed Newton Mail, a popular email client. This entrepreneurial experience in building consumer-facing technology products proved invaluable for his next move.
Truecaller CEO Role
Jhunjhunwala joined Truecaller in March 2015 as VP of Product and relocated to Stockholm, Sweden. Over the next seven years in Stockholm, he led significant app redesigns and helped develop key features including the spam activity indicator, call reason, schedule SMS, and SMS translate.
He was promoted to Chief Product Officer in June 2020, and in 2021 also took on the role of Managing Director of Truecaller India — the company’s single largest market, accounting for the majority of its user base. In 2022, he moved back to Bangalore to focus on the India operations while continuing to oversee global product strategy and the company’s two core revenue streams: advertising and Truecaller for Business.
On November 7, 2024, Truecaller announced that Jhunjhunwala would succeed co-founder Alan Mamedi as Group CEO effective January 9, 2025. Both Mamedi and co-founder Nami Zarringhalam transitioned from their operational roles to serve as strategic advisors and board members.
Leadership & Achievements
- User Growth to 454M+ — Truecaller surpassed 450 million monthly active users under Jhunjhunwala’s product leadership, adding approximately 1 million new users per week
- India Market Dominance — As India CEO, led the company to maintain its #1 position in caller ID in the world’s largest market for Truecaller
- Revenue Diversification — Drove recurring revenues (subscriptions + enterprise) to 45% of total revenue, reducing dependency on advertising
- Product Innovation — Led app redesigns and introduced key features including spam activity indicator, call reason, schedule SMS, and SMS translate
- Enterprise Growth — Truecaller for Business revenues grew 53% year-over-year in constant currencies during H1 2025
- Swedish Citizen — One of the few Indian-born tech executives to become a Swedish citizen, bridging two of Truecaller’s most important markets
Rishit Jhunjhunwala Wiki — Age, Family, & More
Truecaller CEO Rishit Jhunjhunwala (age 48) was born in 1977 in Bangalore, India. He is a Swedish citizen, having lived and worked in Stockholm from 2015 to 2022 before returning to Bangalore to lead Truecaller’s India operations.
Jhunjhunwala is married to Niti Bhangar Jhunjhunwala, who is the Co-Founder and Partner at Kooan Creations and also works as a teacher. His father, Dayashankar Jhunjhunwala, worked at Rockwell India, and his brother Archit Jhunjhunwala is the Co-Founder and COO at Polymer Pavements India LLP.
The Jhunjhunwala family has a strong entrepreneurial tradition, with both Rishit and his brother having co-founded companies. Rishit keeps a relatively low public profile compared to many tech CEOs, preferring to focus on product development and business strategy rather than personal branding.
Rishit Jhunjhunwala Net Worth 2026 — Truecaller CEO Salary
Rishit Jhunjhunwala’s exact compensation package has not been fully disclosed in Truecaller’s public filings. As the CEO of a publicly listed technology company on Nasdaq Stockholm with over 450 million users, industry benchmarks suggest his total annual compensation is in the range of $1-3 million. Jhunjhunwala directly owns 0.019% of Truecaller’s shares, valued at approximately SEK 2.97 million (~$280,000) based on current market prices.
Truecaller Financial Summary (FY2025)
Truecaller CEO Email Address | Rishit Jhunjhunwala Contact
Below are the official contact details and social media profiles for Truecaller CEO Rishit Jhunjhunwala:
About Truecaller
Truecaller is a Swedish technology company founded in 2009 by Alan Mamedi and Nami Zarringhalam. The company operates the world’s largest caller identification and spam-blocking platform, serving over 454 million monthly active users. Truecaller is listed on Nasdaq Stockholm under the ticker TRUE B.
The company employs approximately 400-600 people with offices in Stockholm (headquarters), Bangalore, San Francisco, and Delhi. India is Truecaller’s largest market, accounting for the majority of its user base.
Frequently Asked Questions (FAQ)
Who is the current CEO of Truecaller?
The current CEO of Truecaller is Rishit Jhunjhunwala, who was appointed Group Chief Executive Officer effective January 9, 2025. He succeeded co-founder Alan Mamedi, who transitioned to a strategic advisory and board role after leading the company since its founding in 2009.
What is Rishit Jhunjhunwala’s net worth in 2026?
Rishit Jhunjhunwala’s exact net worth is not publicly disclosed. He directly owns 0.019% of Truecaller’s shares, valued at approximately SEK 2.97 million (~$280,000). As CEO of a publicly listed tech company with 450M+ users, industry benchmarks suggest total annual compensation in the $1-3 million range.
What is Truecaller CEO’s salary?
Truecaller does not separately disclose individual executive compensation below board level in its Swedish public filings. As Group CEO of a Nasdaq Stockholm-listed company with SEK 1.9 billion in annual revenue, Jhunjhunwala’s estimated total compensation is in the $1-3 million range, including base salary, performance bonuses, and equity grants (LTIP shares).
What is Truecaller CEO’s email address?
Truecaller CEO Rishit Jhunjhunwala’s email address is [email protected] (based on the corporate email format [email protected]). He can also be reached via Twitter/X at @rishj or through LinkedIn.
What did Rishit Jhunjhunwala do before becoming Truecaller CEO?
Before becoming Group CEO, Jhunjhunwala served as Truecaller’s Chief Product Officer and Managing Director of India. He joined the company in 2015 as Head of Product. Earlier in his career, he co-founded Verity Technologies (a telecom startup), served as VP at July Systems, and co-founded CloudMagic (which operated Newton Mail).
How many users does Truecaller have?
As of late 2025, Truecaller has over 454 million monthly active users worldwide, adding approximately one million new users every week. India is the company’s largest market, accounting for the majority of its user base.
Is Truecaller a profitable company?
Yes, Truecaller is a profitable company. In FY2025, the company reported net sales of SEK 1.9 billion (~$180 million), an EBITDA margin of 39.5%, and profit after tax of SEK 389 million. The company has SEK 1.0 billion in cash with zero financial debt.
Article last updated:February 2026March 4, 2026
Disclaimer: All information presented in this article has been compiled from publicly available sources, including Truecaller AB’s official press releases, Nasdaq Stockholm filings, and reputable news outlets. This content is provided for informational purposes only and does not constitute financial or investment advice.