Equal AI Secures $30 Million Series B Funding to Expand Consumer AI Services

Hyderabad-based consumer AI startup Equal AI has successfully raised $30 million in a Series B funding round, led jointly by Prosus Ventures and Tomales Bay Capital. The investors had previously backed the company’s $10 million Series A funding round in late 2024, reaffirming their confidence in Equal AI’s growth trajectory.

The latest round also attracted support from several notable investors, including Valiant Fund, Think Investments, PhonePe founder Sameer Nigam, Airtel family office representative Zubin Bharti Mittal, Skyflow co-founder Anshu Sharma, Meta’s India and Southeast Asia Vice President Sandhya Devanathan, and CtrlS Datacenters Chairman Sridhar Pinnapureddy.

Equal AI intends to use the newly raised capital to enhance its consumer-focused AI products and broaden the capabilities of its AI assistant across areas such as communication, financial services, shopping, lifestyle management, and concierge support.

Established in 2022 by Keshav Reddy, a former venture investor known for backing companies like Cred, Upstox, Hive, Genies, and Chipper Cash, Equal AI initially focused on providing consent-driven identity and data-sharing infrastructure for enterprises operating in banking, insurance, telecom, lending, and digital services sectors. The company later expanded into consumer AI with the launch of its AI-powered call assistant in October 2025.

Since entering the consumer market, Equal AI has experienced rapid growth, surpassing 1 million monthly active users and 350,000 daily active users within just eight months. Its platform enables users to identify unknown callers, filter spam calls, interpret caller intent, and complete actions on their behalf.

Beyond its consumer offerings, Equal AI’s enterprise division supports more than 350 clients and handles over 1 billion transactions annually through its identity and data infrastructure solutions.

With this new funding milestone, the company aims to strengthen its position in India’s growing consumer AI landscape and develop a comprehensive AI assistant platform tailored for smartphone users. The investment also reflects the increasing interest among investors in AI-driven consumer applications, particularly voice-enabled solutions designed for local market needs.

Voice Of Osiz

Equal AI’s successful $30 million Series B funding highlights the growing momentum of consumer-focused AI solutions in India. As AI assistants become more integrated into daily life, businesses have a significant opportunity to develop intelligent, user-centric applications that enhance productivity and convenience. The rapid adoption of Equal AI’s platform demonstrates the increasing demand for voice-enabled and personalized AI experiences. At Osiz, we see this trend accelerating innovation across industries, from fintech and e-commerce to customer service and digital communications. Companies investing in scalable AI infrastructure today will be better positioned to lead tomorrow’s digital economy. The funding also reflects strong investor confidence in AI-native products that solve real-world challenges. As a leading AI Development Company, Osiz helps businesses build advanced AI solutions that drive engagement, automation, and sustainable growth.

Source: Entrackr.com