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Hyderabad-based identity verification startup Equal raises $10 million

  • Hyderabad-based identity verification startup Equal has raised $10 million in its first round of institutional funding.
  • The funding round was led by Prosus Ventures, Tomales Bay Capital, and Equal's founder, Keshav Reddy.
  • Equal's valuation has reached $80 million after the investment.
  • The company plans to utilize the funds to scale up operations, form strategic partnerships, and develop a comprehensive framework for India's data-sharing ecosystem.

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