Keshav Reddy's Equal AI raises $30 million in round led by Prosus, Tomales Bay Capital

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The round also saw participation from Think Investments, Valiant Fund, PhonePe founder Sameer Nigam, and Zubin Bharti Mittal, among others. The lead investors had also co-led the company's $10 million Series A in November 2024, along with Reddy. The founder, son of GVK Group vice chairman Sanjay Reddy, has transitioned from managing physical assets to building digital platforms.