About Equal
Equal is a company based in Hyderabad (India) founded in 2022 by Rajeev Ranjan and Keshav Reddy. Equal has raised $10.21 million across 2 funding rounds from investors including Prosus, Quona and Gruhas. Equal offers products and services including ID Verification Workflows, Personalised ID Verification APIs, and Connect Login. Equal operates in a competitive market with competitors including BitGo, LifeLock, Yoti, HYPR and Microblink, among others.
- Headquarter Hyderabad, India
- Founders Rajeev Ranjan, Keshav Reddy
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Sectors
Industrial Goods & ManufacturingFinancial Services Technology
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Phone
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Website
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Social
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- Legal Name Equal Identity Private Limited
- Date of Incorporation 07 Jan, 2022
- Jurisdiction Shaikpet, Telangana, India
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Annual Revenue
$86.6 K (USD)0as on Mar 31, 2023
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Net Profit
-$623 K (USD)-733146as on Mar 31, 2023
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EBITDA
-$903.29 K (USD)-811132.65as on Mar 31, 2023
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Total Equity Funding
$10.21 M (USD)
in 2 rounds
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Latest Funding Round
$10.04 M (USD), Series A
Sep 18, 2024
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Investors
Prosus
& 31 more
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Employee Count
Not available
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Products & Services of Equal
Equal offers a comprehensive portfolio of products and services, including ID Verification Workflows, Personalised ID Verification APIs, and Connect Login.
Platform for custom workflows in ID verification processes
APIs for tailored identity checks and fraud prevention
System for secure consumer login and profile management
Funding Insights of Equal
Equal has successfully raised a total of $10.21M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10.04 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Equal
Equal has secured backing from 32 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Prosus, Quona and Gruhas.
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Multiple sectors are targeted for venture capital investments.
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Seed and early-stage investments are made across sectors in India.
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Tech companies are invested in by this venture capital firm.
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Investor details for Equal
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Investments & Acquisitions by Equal
Investment portfolio details for Equal
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- Transaction dates
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Financial Statements - Equal
Detailed financials for Equal
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Equal Comparisons
Peer comparison for Equal
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Competitors of Equal
Equal operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BitGo, LifeLock, Yoti, HYPR and Microblink, among others.
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Crypto-based custody, trading, and lending services are provided to institutions.
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Identity theft is protected and prevented through cyber monitoring services.
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Identity verification solutions are provided for multiple industries digitally.
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Passwordless multi-factor authentication and identity assurance solutions are provided.
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Platform offering card scanning apps-based consumer payments
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AI-based identity verification and electronic signing are provided for businesses.
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Detailed competitors of Equal
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Latest news on Equal
Complete news archive for Equal
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Frequently Asked Questions about Equal
Equal was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Equal is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Equal is a funded company, having raised a total of $10.21M across 2 funding rounds to date.
Annual revenue of Equal is $86.6K as on Mar 31, 2023.
Equal was founded in 2022 in Hyderabad, India, as a provider of identity verification solutions. Services include consumer onboarding, KYC checks, digital logins, and employee background verification, with integration to multiple identity providers. Custom workflows and automated processes are supported, alongside fraud detection and consent management for compliance. The platform serves sectors such as banking, finance, and healthcare, with documentation and API libraries available for integration.
Equal offers ID Verification Workflows, Personalised ID Verification APIs, and Connect Login.
Equal has 32 investors. Key investors include Prosus, Quona, Gruhas, WeeTech Solution, and Tomales Bay Capital.