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Truecaller Wants To Raise Over $100 Million In Stockholm IPO
Experts suggest that the upcoming IPO could take the company’s valuation to $3 billion.
Truecaller, a smartphone app that identifies unknown callers has announced that it would like to raise $116 million in an initial public offering (IPO) on Nasdaq Stockholm.
The company will be listing its Class B shares (common stocks or preferred stocks offering fewer advantages than Class A) by the end of the fourth quarter of this year.
“One of our objectives this year has been to prepare Truecaller for an IPO. Thanks to the strong feedback that we’ve received from potential investors, it feels very exciting to take the next step in this process,” commented Alan Mamedi, CEO of Truecaller.
When Truecaller completed a previous funding round in 2018, the company was valued at more than $680 million. Now, some experts are saying that the upcoming IPO could take its valuation to $3 billion.
The money raised in the IPO will be used for future growth, for general corporate purposes, and to provide strategic flexibility for opportunistic acquisitions, as explained by Truecaller in the official press release.
Truecaller was founded back in 2009, and it currently has more than 400 employees. Its user base is almost 300 million large, and most of its monthly active users (92 percent) are located in India. In fact, 720,000 of its 1.2 million Premium subscribers were from India, according to May 2020 statistics. Another major market for Truecaller is the MENA region where traditional phone directories have little presence.
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Unlike many other similar solutions, Truecaller is a complete communication solution that eliminates the needs to switch to other apps, providing a spam-free inbox for text messages and an intelligent dialer that can reveal the names of unknown numbers.
The Premium version of Truecaller brings to the table a number of other features, including the ability to record phone calls and track upcoming bills and other important items.
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DJI Teases Dual-Camera Osmo Pocket 4P For 2026 Launch
Though most technical claims for the new gimbal come from industry leaks rather than DJI’s own announcement.
DJI has teased a dual-camera version of its Osmo Pocket gimbal, confirming that the Osmo Pocket 4P will launch in 2026. The teaser image is the company’s first preview of the device, following months of speculation about a more advanced model in its pocket camera range.
The image shows a slightly larger device than the existing Osmo Pocket 4, with two camera modules mounted above a compact three-axis gimbal. Reports suggest one camera may use a 1-inch sensor paired with a wide-angle lens, while the second may carry a 3x zoom lens — though DJI has not officially confirmed any of these details.
According to leaks circulating ahead of the launch, the Osmo Pocket 4P could support 4K video at up to 240 frames per second, offer 14 stops of dynamic range and include 10-bit D-Log color support. Those features are commonly used by filmmakers who require greater flexibility during color grading and post-production. Reports also point to Hasselblad color tuning, continuing a partnership that has already appeared in some of DJI’s drone cameras, along with up to 128GB of built-in storage that would reduce reliance on external memory cards during longer shoots.
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The device is expected to retain features from the existing Osmo Pocket 4, including a three-axis mechanical gimbal, updated ActiveTrack subject tracking and a flip-out touchscreen display. The Osmo Pocket line is aimed at content creators, vloggers, and independent filmmakers seeking compact equipment that can produce usable footage without a larger camera system.
DJI has not provided pricing or a specific launch date beyond the 2026 window. Industry observers expect the Osmo Pocket 4P to cost more than the standard Pocket 4 because of the dual-camera setup and expanded recording capabilities, though no figures have been disclosed. So far, most of the technical detail circulating around the product remains tied to leaks rather than official confirmation.
