Tuesday
November 12
2024

ID Verification Company Equal Bags $10 Million in First Institutional Raise

By Pratik Bhakta
Hyderabad-based identity verification startup Equal has secured $10 million (about Rs 84 crore) in its first institutional fundraising, led by Prosus Ventures, Tomales Bay Capital and its founder Keshav Reddy.
After the round, the startup achieved a valuation of $80 million, the company said in a statement.
Photo courtesy of George Prentzas.

Source: The Economic Times (link opens in a new window)

Categories
Investing, Technology
Tags
business development, digital identity, regulations, startups