What Sofocle Technologies does

Sofocle Technologies is a privately held, for-profit software development company headquartered in Noida, India, founded in 2017. The company self-describes as a "core software development company, focused on building innovative blockchain based solutions," indicating a services-and/or-product orientation around distributed ledger technologies rather than a single verticalized application. With a headcount in the 51-100 range, Sofocle operates at a small-to-mid scale, with Ravi Chamria serving as Chief Executive Officer and no other leadership disclosed in the available data.

The underlying technology stack and specific product offerings are not disclosed in the source data: no products and services, APIs, integrations, certifications, patents, or proprietary platforms are documented. The company has raised one funding round, in January 2019 from Forge Innovation & Ventures, with the amount undisclosed. No pricing models, customer logos, customer segments, distribution channels, partnerships, awards, or operating geographies beyond the Noida base are provided.

The business model cannot be characterized with specificity from the input data. There is no publicly disclosed pricing, no revenue figures, no customer references, and no GTM motion enumerated. Given the absence of named products or platform offerings in the data, the most plausible reading is a services-led model (custom blockchain development for client engagements), but this is an inference rather than a documented fact, and Sofocle may also operate product lines or licensing arrangements that simply do not appear in the available material.

Name

Sofocle Technologies

Website

https://sofocle.com

Company type

Private

Founded year

2017

Headcount range

51–100 employees

Short description

Sofocle Technologies is a Noida, India-based private software development company founded in 2017 that builds blockchain-based solutions for its clients, operating with a 51-100 employee team.

Ownership category

akta.pro rank

Headquarters

HQ city

Noida

HQ country

India

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Core offering

Sofocle Technologies is a private software development company founded in 2017 and headquartered in Noida, India. It focuses on building innovative blockchain-based solutions for its clients. The company operates with 51–100 employees and delivers custom software products leveraging blockchain and distributed ledger technologies.

Differentiator

Problem solved

Functional benefit

Products and services

• Blockchain-based Solutions

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Expansion highlights1 record

Direct peers

• ConsenSys: Global blockchain software and infrastructure company offering enterprise blockchain development, tooling, and consulting. Directly comparable to Sofocle as a blockchain-focused software development firm, though at substantially larger scale.
• LeewayHertz: India-based (also with US presence) blockchain and AI software development company. Closest peer to Sofocle given the India delivery base and focus on blockchain solution development for enterprise clients.
• HashCash Consultants: Blockchain software development and consulting firm with operations in India and the US. Comparable in size and service mix to Sofocle, with a similar enterprise blockchain development focus.
• SoluLab: India-headquartered software development firm with a dedicated blockchain practice serving startups and enterprises. Comparable in size, geography, and blockchain-centric service offering.
• Altoros: Software development consultancy with a strong blockchain and distributed ledger practice. Comparable to Sofocle as a services-led blockchain development firm targeting enterprise clients.
• OpenXcell: India-based software development company offering blockchain solutions alongside broader app development. Comparable in geography and the inclusion of blockchain as a core service line.
• PixelCrayons: India-based custom software development firm with a blockchain development practice. Comparable as an India-based software services peer offering blockchain capabilities.

Broad incumbents

• Mphasis: Large Indian IT services company with a digital and blockchain practice. Comparable as an India-based incumbent offering blockchain development as part of a broader enterprise services portfolio.
• Infosys: Global Indian-headquartered IT services and consulting firm with an established blockchain practice. Comparable as a broad incumbent serving enterprise blockchain demand, against which smaller specialists like Sofocle compete.
• BairesDev: Large nearshore software development firm serving global clients across multiple technology stacks including blockchain. Comparable as a broader software development services player rather than a specialist.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/SofocleTech

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sofocle Technologies