# Equal AI raises $30 M Series B to expand AI call‑screening app in

**Published:** 2026-06-12T07:21:16.422Z  
**Topic:** Equal AI raises $30M to screen calls so Indians don’t have to  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/d93ed8f4-4668-428b-a843-575f37a655bd

Equal AI secured $30 million in a Series B led by Prosus Ventures and Tomales Bay Capital, aiming to grow its AI call‑assistant for Indian smartphone users.

Equal AI, an Indian AI‑powered call‑screening startup, announced a $30 million Series B funding round co‑led by Prosus Ventures and Tomales Bay Capital [1]. The capital will be used to broaden its consumer AI assistant across communications, financial services, lifestyle and concierge functions.

**Key takeaways**
- Series B round of $30 million led by Prosus Ventures and Tomales Bay Capital [1]  
- Over 1 million monthly active users and 350,000 daily active users eight months after launch [1]  
- The app screens calls, shows caller intent and lets users reply with preset or custom messages [2]  
- Funding round includes strategic investors such as PhonePe founder Sameer Nigam and Airtel family‑office member Zubin Bharti Mittal [2]  
- The company plans to add known‑number screening, iOS support and a paid subscription tier [2]  

## Funding boost and product growth  

Equal AI’s Series B follows a $10 million Series A in November 2024, also co‑led by Prosus Ventures and Tomales Bay Capital [1]. The new round brings total capital raised to more than $42 million, according to the company [2]. Investors participating this time include Valiant Fund, Think Investments, PhonePe founder Sameer Nigam, Airtel family‑office member Zubin Bharti Mittal, Skyflow co‑founder Anshu Sharma, Meta India and Southeast Asia VP Sandhya Devanathan, and CtrlS Datacenters chairman Sridhar Pinnapureddy [1][2].  

Founded in 2022 by former venture capitalist Keshav Reddy, Equal AI originally offered consent‑based data‑sharing infrastructure for enterprises in banking, lending, insurance and telecom [1]. In October 2025 the company launched its AI‑powered call assistant, which now serves more than 1 million monthly active users and 350,000 daily active users across India [1][3]. The app identifies callers, blocks spam, interprets intent and can perform actions such as sending a delivery address or booking appointments [2]. It records calls, provides transcriptions and summaries, and offers quick‑reply options like “Leave the delivery near the door” [2].  

## Roadmap and competitive landscape  

Equal AI plans to extend screening to known contacts, roll out an iOS version and introduce a subscription tier with additional features [2]. The startup’s technology combines speech recognition, automatic speech recognition and speech generation models, with multilingual support for over ten Indian languages to handle code‑mixing [2].  

The market includes established call‑screening products from Google and Apple, as well as Indian competitor Truecaller, which is adding AI features, and U.S. privacy startup Cloaked [2]. Prosus Ventures’ global co‑head Thiago Viana highlighted Equal AI’s local context advantage as a differentiator [2].  

## Why it matters  

The funding underscores growing investor confidence in AI‑native consumer applications tailored to India’s massive smartphone base. By automating call handling and enabling AI‑driven actions, Equal AI aims to reduce the time users spend managing spam and routine communications, potentially reshaping daily phone interactions for millions. The next steps—expanding language coverage, adding iOS support and monetising through subscriptions—will test the startup’s ability to scale beyond call screening into a broader AI assistant platform.

## Sources
1. Entrackr — [Equal AI raises $30 Mn Series B round led by Prosus and Tomales Bay Capital](https://entrackr.com/news/equal-ai-raises-30-mn-series-b-round-led-by-prosus-and-tomales-bay-capital-12029860)
2. TechCrunch — [Equal AI raises $30M to screen calls so Indians don’t have to](https://techcrunch.com/2026/06/11/equal-ai-raises-30m-to-screen-calls-so-indians-dont-have-to/)
3. Analyticsinsight — [Equal AI secures US$ 30M Series B funding, co-led by Prosus Ventures and Tomales Bay Capital, to scale India’s AI Assistant](https://www.analyticsinsight.net/press-release/equal-ai-secures-us-30m-series-b-funding-co-led-by-prosus-ventures-and-tomales-bay-capital-to-scale-indias-ai-assistant)

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Cite as: TrendWatcher, "Equal AI raises $30 M Series B to expand AI call‑screening app in", https://www.trendwatcher.in/article/d93ed8f4-4668-428b-a843-575f37a655bd