Truecaller acquires Sequoia Backed Payment Startup Chillr
Sweden based caller identification app Truecaller has acquired payment startup Chillr to boost its payment business in the country, as announced at a press conference in Bengaluru on Wednesday.
The acquisition has come in just after the company announced to roll out credit and other financial services to Indian users in the coming months.
Chillr team members which include Anoop Sankar, Sony Joy, Mohamed Galib and Lishoy Bhaskaran will be absorbed into the company with co-founder Sony Joy serving as the vice president of Truecaller Pay.
Notably, Truecaller had ventured into digital payments last year in India with its UPI service. Co-founder Nami Zarringhalam had earlier informed that the company is incorporating payments as a core part of its offerings.
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