Equal AI Raises $30M
Equal AI, an Indian startup, raises $30M to develop an AI-powered call screening app, helping users manage unwanted calls and interactions.
Key points
- Equal AI, founded by unnamed founders, has developed an AI assistant to screen calls and provide users with the reason for the call.
- The app has gained over 1 million monthly active users and 300,000 daily active users since its launch last year on Android.
- The $30 million Series B funding was led by Prosus Ventures and Tomales Bay Capital, with participation from Think Investments and Valiant Fund.
- Individual investors include PhonePe's founder Sameer Nigam and Meta India's VP Sandhya Devanathan, among others.
- The app allows users to see call recordings, transcriptions, and summaries, and also provides quick reply options for common interactions.
Equal AI, an Indian startup, has raised $30 million in Series B funding to further develop its AI-powered call screening app. The app is designed to help users manage unwanted calls and interactions by providing them with the reason for the call. Since its launch last year on Android, the app has gained significant traction, with over 1 million monthly active users and 300,000 daily active users. The funding round was led by Prosus Ventures and Tomales Bay Capital, with participation from Think Investments and Valiant Fund. Individual investors include notable figures such as PhonePe's founder Sameer Nigam and Meta India's VP Sandhya Devanathan. The app's features include call recording, transcription, and summary, as well as quick reply options for common interactions.
Sources
The WireByte editorial team synthesises technology news from multiple primary sources, verifies the facts, and links every source. Articles are produced with AI assistance and reviewed under our editorial policy.