Truecaller has appointed former Flipkart Executive Sandeep Patil as the Managing Director for its India operations. He will be the part of the global management team effective May 28, 2019.
The move comes as the Swedish spam identification app gets ready to launch its institutional lending business in the country.
Based in Bengaluru, Sandeep will be responsible for spearheading business strategies to expand the company’s footprint and accelerate revenue growth globally. He will be overseeing the teams based in Delhi, Mumbai and Bengaluru.
Sharing his excitement about the new endeavor, Sandeep said, “I am incredibly excited about joining Truecaller. We have a unique opportunity here to provide distinctive and empowering services that can improve the lives of our customers and drive their economic development. We consider India our home market where we want to deepen our presence, engagement and relevance. I look forward to further strengthening our innovative organisation and collaborating with the ecosystem to take Truecaller to greater heights.”
Besides working in Flipkart, Sandeep has also had a stint at McKinsey & Company, London. He holds an MBA from the London Business School and a B.Tech. from the Indian Institute of Technology, Mumbai.
Alan Mamedi, CEO and Co-Founder, Truecaller said, “It is great to have a leader like Sandeep on board. More than 100 million of our daily active users are based in India, making it the most important market for us. We are very excited to have Sandeep join our global management team and to elevate the organisation to connect deeply with customers, employees and partners alike. Sandeep’s expertise and experience in consumer technology, financial services, and his strong global strategic experience will definitely help Truecaller fast track many of our ambitious plans and take it to the next level.’’
India is Truecaller’s largest market, accounting for 60-70% of global revenue and the user base Truecaller has about 100 employees in India, more than in Sweden, where it is based.