Founder · Equal AI

Rajeev Ranjan

Co-founder & ex-Swiggy engineering director of Equal AI, an identity verification company based in Hyderabad.

Co-founder · ex-Swiggy engineering directorHyderabadIdentity Verification
Founded
2022
Hyderabad, Telangana, India
Raised to date
$40M
2 rounds on record
Latest round
Series B
$30M · Jun 2026

About

Rajeev Ranjan is Co-founder of Equal AI, an identity verification company based in Hyderabad, founded in 2022. Equal AI's most recent disclosed round was a Series B of $30M in Jun 2026.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2022
Equal AI
Identity Verification · Hyderabad

Equal is an Indian identity and data-sharing infrastructure company. It provides consent-based identity verification, background checks and KYC services, aggregating government and private data sources into a single verification layer for financial services and enterprise clients.

Funding
Jun 2026Series B$30MProsus Ventures & Tomales Bay Capital (co-leads), Think Investments, Valiant Fund, Sameer Nigam, Zubin Bharti Mittal, Sandhya Devanathan
2024Series A$10MProsus Ventures & Tomales Bay Capital (co-leads), Blume Ventures, DST Global, Quona, Gruhas, Binny Bansal, Kunal Shah, Karan Adani
Company profile →2 rounds on record

Journey with Equal AI

1 milestone
  1. Jun 2026Milestone

    Crosses 1M monthly active users within eight months of consumer launch; B2B layer processes 1B+ KYC transactions annually for 350+ clients. Read the story →

Also building Equal AI

KRKeshav ReddyFounder→

Coverage

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