TL;DREqual AI raised $30M led by Prosus to screen phone calls in India. The AI answers, asks why someone is calling, and shows a summary. 1M+ monthly users.
Equal AI, an Indian startup that built an AI assistant to answer phone calls on your behalf, has raised $30 million in a Series B led by Prosus Ventures and Tomales Bay Capital. Think Investments and Valiant Fund also participated, alongside individual investors including PhonePe founder Sameer Nigam and Meta’s India and Southeast Asia VP Sandhya Devanathan. Total funding now exceeds $42 million.
The problem is simple and enormous. Indian consumers receive a relentless stream of calls from delivery drivers, insurance agents, financial service companies, scammers, and recruiters. “If you are buying car insurance, you might get 20 calls over a week, and that is hard to tackle for a human,” founder Keshav Reddy told TechCrunch.
Equal AI’s Android app screens unknown calls by answering them with an AI agent that asks why the person is calling. It shows the user a summary of the reason on screen, along with quick reply options like “Leave the delivery near the door” or “Give it to the neighbor.” The AI reads the selected reply back to the caller. Users can also type a custom message. Every call is recorded with a transcription and summary available in the app.
