Arun Sarin, the former Vodafone CEO, has made a capital investment in the mobile communications app
Sarin would be bringing with him his global experience and network, using which he would focus on supporting and advising the company on the overall strategy, said a statement from Vodafone.
The Sweden-based company is known to offers services related to caller ID, spam detection and search to its customers.
"Over the last few years, we have grown at an exponential rate both in terms of business and user base, while also having the opportunity to work with companies like Sequoia Capital, Atomico, and KPCB, who have put their trust in us through investments and board roles," Alan Mamedi, CEO & co-founder of Truecaller said.
"We are delighted to have Arun Sarin on our advisory board providing us with required strategic direction at a time when the industry is going through a massive transformation," Mamedi added.
Founded in 2009 by Alan Mamedi and Nami Zarringhalam, Truecaller has recently launched a new app, which includes improved features like a built-in dialer, and has also rolled out a developer-focused tool called
Arun Sarin holds a B.Tech degree in Metallurgical Engineering from IIT, Kharagpur, and an MBA from the Haas School of Business at the University of California. He is also on the board of directors of several MNCs like Cisco Systems, Ola Cabs, Charles Schwab and Blackhawk Networks.
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