Indian-Origin Executive Rishit Jhunjhunwala to take the helm as Truecaller CEO in 2025

By Srishti ms  |  First Published Nov 8, 2024, 2:40 PM IST

Truecaller, the globally recognized caller identification and spam blocking platform, has announced that Rishit Jhunjhunwala will step into the role of CEO on January 9, 2025. Currently serving as Chief Product Officer and Managing Director of Truecaller India, Jhunjhunwala has played a pivotal role in shaping the company’s product offerings and expanding its footprint in India.

In yet another notable achievement for Indians globally, Swedish caller ID platform Truecaller has named Rishit Jhunjhunwala as its next group chief executive officer (CEO). This appointment marks a significant milestone for Jhunjhunwala, who has been with Truecaller since 2015 and currently serves as the company’s Chief Product Officer and Managing Director for India. He will assume the role on January 9, 2025, succeeding CEO Alan Mamedi, who, along with co-founder Nami Zarringhalam, will step down from operational duties to focus on long-term strategy and board advisory roles by mid-2025.

Jhunjhunwala’s elevation to CEO underscores the impressive contributions of Indian professionals in the global technology landscape. He has been a pivotal force within Truecaller, holding several leadership positions that have helped shape the company’s growth and impact. Initially joining as Head of Product in 2015, he became Chief Product Officer in 2020 and took on the role of Managing Director of Truecaller India in 2021. With a strong track record of spearheading product innovations and driving key revenue streams, he has played an essential role in Truecaller’s strategic direction and growth.

Jhunjhunwala's impressive background in business and technology marks his path to this prestigious role. Born in 1977, he holds a degree in business management from Bangalore University. Prior to joining Truecaller, he held the position of Vice President at July Systems and co-founded Cloud Magic. His unique blend of technical and managerial expertise made him an ideal choice for CEO as Truecaller moves into a new phase of its evolution.

The leadership transition comes at a pivotal time for Truecaller, as the company aims to strengthen its presence and services globally. Co-founders Mamedi and Zarringhalam, in their letter announcing the change, expressed their confidence in the new leadership and emphasized their commitment to advancing the company's strategic growth through their board roles. They will remain with Truecaller as advisors through June 2025 to ensure a seamless transition and continued stability.

Jhunjhunwala’s appointment signals Truecaller’s dedication to strengthening its leadership as the company seeks to build on its strong market presence and continues to innovate in digital identification and safety solutions. His experience in leading product development and driving revenue through advertising and business services aligns with Truecaller’s strategic goals as it looks to expand further.

For Jhunjhunwala, this role not only signifies a new chapter in his career but also highlights the growing impact of Indian-origin leaders in global tech spaces. As Truecaller gears up for this leadership change, Jhunjhunwala’s tenure as CEO is poised to further the company's growth and solidify its standing as a leader in digital communication safety.

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