Truecaller, a Sweden-based company that is on a mission is to build trust everywhere by making communication safe and efficient, announced on Wednesday it has acquired India-based multi-bank payments app, Chillr. Speaking about Chillr joining their platform, the Truecaller team stated:
“Today, we are proud to announce that the Chillr team has joined the Truecaller family. The India-based company of Chillr, India’s first multi-bank payments app, was founded by Sony Joy, Anoop Sankar, Mohamed Galib and Lishoy Bhaskaran. It has been an innovator in the Indian mobile payment space since 2014. After spending a lot of time with their team, we’ve seen that we share a lot of synergies; values; culture; and thoughtfulness when it comes to paying attention to user experience. They have also a great foundation on the business side, establishing great partnerships and a good reputation in the industry. Their team of engineers and designers have a profound understanding of mobile payments, the social fabric of India, and a deep passion for products that they will now bring to Truecaller. We couldn’t be more excited!”
The group also reported that since launching Truecaller Pay in 2017, they have seen increasing number of use cases to make the lives of our users in India easier.
“By acquiring Chillr, we are reaffirming our commitment to mobile payments and plan to increase the adoption of it amongst our user base. We will, together, have a far bigger impact in this space through the foundation of the team’s expertise and a strong user base who trust our platform and uses it on a daily basis. Moving forward, the Chillr team will now become the Truecaller Pay team, leading the vision and execution for this feature.”
Truecaller went on to add that in the coming months, the Chillr app will be phased out while the company integrates many of their features and brand-new ones into its platform that will further make payments simple and more efficient for its users.