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Truecaller set to make deals with Chillr to foray into digital payments

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Sony Joy will be the vice-president of Truecaller Pay Technology News : Phone number search engine Truecaller on Wednesday announced a strategic investment into the payments space in India by acquiring Chillr, the country’s first multi-bank payments app. Truecaller co-founder and chief strategy officer Nami Zarringhalam said the founders of Chillr — Sony Joy, Anoop Sankar, Mohamed Galib and Lishoy Bhaskaran — will join Truecaller. Sony Joywill be the vice-president of Truecaller Pay. Zarringhalam said the company intended to leverage its full reach of over 150 million users in India as well as its 300-plus existing partnerships in the country. “By acquiring Chillr, we are reaffirming our commitment to mobile payments and strengthening our plans to raise its adoption amongst our user base,” Zarringhalam said. He, however, did not disclose the amount paid and the terms and conditions for acquiring the Chillr, which was launched in 2014. Truecaller has 65 emp...