Rishit Jhunjhunwala (Swedish Businessman) Biography

Quick Info

Profession	Businessman
Nationality	Swedish
Birthplace	Bangalore
Date of Birth	29/03/1977
Age	49 years

Latest News about Rishit Jhunjhunwala

09/01/2025

Rishit Jhunjhunwala officially assumed the role of Group CEO of Truecaller, effective January 9, 2025. He replaced founders Alan Mamedi and Chief Strategy Officer Nami Zarringhalam, who stepped down from operational roles to focus on board duties and strategic advisory responsibilities. Jhunjhunwala brought over a decade of experience as Head of Product and three years as Managing Director of Truecaller India to the position.

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Bio/Wiki

Known For	Being the CEO of Truecaller

Physical Stats & More

Eye Color	Black
Hair Color	Black

Educational Qualification(s)

College/University	Bangalore University, Bengaluru
Educational Qualification	Graduation in Business Management

Relationships & More

Marital Status	Married
Wife	Niti Bhangar Jhunjhunwala (Co Founder and Partner at Kooan Creations, teacher)

Family

Father	Dayashankar Jhunjhunwala (worked at Rockwell India)
Siblings	Brother - Archit Jhunjhunwala (Co-Founder and COO at Polymer Pavements India LLP)
Spouse	Niti Bhangar Jhunjhunwala

Career

Overview	Rishit Jhunjhunwala began his professional journey by co-founding Verity Technologies in January 2000 and remained involved until June 2007. He then took on the role of VP of Strategic Programs at July Systems, a mobile internet technology company, where he worked for around four years. In 2011, he co-founded CloudMagic, further establishing his presence in the tech industry. In 2015, he joined Truecaller as VP of Product, was promoted to chief product officer and managing director, and ultimately became the CEO in 2024. In March 2015, he joined Truecaller as VP of Product, was promoted to Chief Product Officer and Managing Director of Truecaller India, and became Group CEO effective January 9, 2025.
Holdings in Truecaller	12,436 shares and 250,000 warrants from LTIP 2021 30,000 warrants and 90,000 restricted share units from LTIP 2022 84,000 stock options from LTIP 2023 108,169 shares, 45,000 restricted share units (RSU) from LTIP 2022, 55,334 stock options from LTIP 2023, 550,000 stock options from LTIP 2024, 400,000 RSUs from LTIP 2025:1 and 1,000,000 RSUs from LTIP 2025:2

Overview

Rishit Jhunjhunwala began his professional journey by co-founding Verity Technologies in January 2000 and remained involved until June 2007.
He then took on the role of VP of Strategic Programs at July Systems, a mobile internet technology company, where he worked for around four years.
In 2011, he co-founded CloudMagic, further establishing his presence in the tech industry.
In 2015, he joined Truecaller as VP of Product, was promoted to chief product officer and managing director, and ultimately became the CEO in 2024.
In March 2015, he joined Truecaller as VP of Product, was promoted to Chief Product Officer and Managing Director of Truecaller India, and became Group CEO effective January 9, 2025.

Holdings in Truecaller

12,436 shares and 250,000 warrants from LTIP 2021
30,000 warrants and 90,000 restricted share units from LTIP 2022
84,000 stock options from LTIP 2023
108,169 shares, 45,000 restricted share units (RSU) from LTIP 2022, 55,334 stock options from LTIP 2023, 550,000 stock options from LTIP 2024, 400,000 RSUs from LTIP 2025:1 and 1,000,000 RSUs from LTIP 2025:2

Some Lesser Known Facts

1. Despite being born and raised in India, Rishit Jhunjhunwala later became a citizen of Sweden.
2. He has a diverse background in entrepreneurship, having co-founded several startups throughout his career.
3. He lived and worked in Sweden from 2015 to 2022.
4. He was appointed as Group CEO of Truecaller in November 2024, replacing founders Alan Mamedi and Nami Zarringhalam who transitioned to board duties and strategic advisory roles.

Rishit Jhunjhunwala Businessman Swedish Bangalore