Equal AI Raises $30M Series B to Help Indians Screen Unwanted Calls

Executive Briefing

• Secures $30M Series B led by Prosus Ventures and Tomales Bay Capital, bringing total funding to over $42M.
• Reaches 1 million monthly active users and 300,000 daily active users since launching last year on Android.
• Deploys AI to screen unknown calls, display caller intent, and offer quick-reply options read aloud to callers.
• Supports over 10 Indian languages, addressing code-mixing behavior common among local users.
• Plans to expand into iOS, known-number screening, proactive outbound calls, and a paid subscription tier.
• Faces competition from Google, Apple, and Truecaller, but differentiates by avoiding third-party platform dependency.