Truecaller – Yours True-ly, Viceroy Research

Author: Viceroy Research Published on: October 5, 2022 Published in: Truecaller TRUEB:SS

October 5, 2022 – On October 3, 2022 – Truecaller released a press statement in response to Viceroy’s report, Truecaller’s True Colors, on October 3, 2022. As expected, Truecaller’s statement fell squarely within the clutches of Catch-22 (the greatest catch there is).
Here at Viceroy, we like to keep one in the barrel in case management decide to persist with nonsense narratives.

As of latest available filings, Truecaller is subject to tax proceedings in Sweden and investigations in India. This is disclosed in Truecaller’s own prospectus.
Truecaller’s prospectus highlights every single risk Viceroy have identified as a real risk to its business.
Management proactively install safeguards to prevent minors from downloading its app, but refuse to acknowledge that most of its phone book, including minors, consists of non-consenting, non-user data.
Management acknowledge a huge privacy breach while preaching the “privacy focused” nature of its public phone-book.

This report will scrutinize Truecaller’s logical gymnastics, mutually exclusive arguments, and healthy dose authoritative bias.

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