Truecaller, one of the world’s largest caller-identification service providers, has amassed 200 million monthly active users and is increasingly proving that it can turn a profit, it said Tuesday. The company also noted that India is its largest market with 150 million active users. From a report: Reaching the 200 million milestone gives the Swedish firm a significant lead over its Seattle-based rival Hiya, which had about 100 million users as of October last year. But unlike its rivals, Truecaller has expanded beyond its caller ID and spam monitoring service. In recent years, it has added messaging and payments services in some markets. Both of these are gaining adoption, said Truecaller co-founder and chief executive Alan Mamedi (pictured above) in an interview with TechCrunch. The payments service, currently available only in India, would soon be expanded to some African markets, said Mamedi. In India, Truecaller plans to offer lending service in a few weeks, he said.

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Source: Slashdot – Truecaller Hits 200 Million Users