Aequalis

What Aequalis does

Aequalis (legal entity: Aequalis Software Solutions Private Limited) is an India-based private company founded in 2010 and headquartered in Chennai, Tamil Nadu, that delivers custom blockchain software solutions and consulting services to enterprise clients. The company's core offering is blockchain-based supply chain tracking, identity verification, tamper-proofing, and traceability implementations spanning use cases from farm-to-fork food safety to drug formulation-to-dispensing pharmaceutical tracking and fiat/crypto transaction flows. Technology delivery is multi-platform, covering frameworks such as Hyperledger and Ethereum, and the firm claims a delivery team of 100+ blockchain-focused specialists supported by an enterprise field-sales motion.

The company operates a professional services model, with quote-based, customized engagements per enterprise client and no publicly disclosed pricing tiers. It serves eight vertical segments — Food & Beverage, Financial, Life Sciences, Human Resources, Agriculture & Animal Husbandry, Public Services, Healthcare, and Manufacturing & Retail — and reports 200+ projects completed, 65+ clients, and operations across 12+ countries. Referenceable client evidence is limited to a named Goldman Sachs Vice President testimonial (UK) and ETHA, a money-transfer platform.

Aequalis is a privately held, bootstrapped firm: no funding rounds, acquisitions, regulatory actions, patents, certifications, or management team beyond co-founder/CTO Gopal Haris are disclosed. Marketing is primarily passive, relying on the company website, case studies, and client referrals rather than structured digital channels. The website copyright references activity from 2010 to 2019, and there is no disclosed revenue, leaving limited visibility into current operating momentum.

Name

Aequalis

Legal name

Aequalis software solutions private limited

Website

https://aequalis.io

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Aequalis is a Chennai-based private company, founded in 2010, that delivers custom blockchain software solutions and consulting for enterprise supply chain tracking, identity verification, and traceability across eight industry verticals.

Ownership category

akta.pro rank

Product category

Blockchain Consulting and Custom Software Solutions

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Finance Services (6199)

akta.pro primary industry

Supply Chain & Inventory/Warehouse Receipt Tokenization (FSADAEAH)

akta.pro secondary industries

Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH), Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance) (FSAPAJAI), Blockchain Analytics & Transaction Monitoring (FSADALAB), Digital Asset Risk, Security & Audit Tooling (Smart Contract Audit, Threat Monitoring) (FSAGAMAJ)

Keywords

• Blockchain consulting services
• Supply chain tracking
• Custom software development
• Identity verification solutions
• Blockchain platform development

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Blockchain Consulting and Software Development: Professional services and custom software development for blockchain implementations across supply chains and value chains

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Aequalis provides custom blockchain-based software solutions and consulting services focused on supply chain tracking, identity verification, tamper-proofing, and traceability. The firm builds transaction-level visibility across value chains for enterprises in food and beverage, financial services, pharmaceuticals, healthcare, agriculture, manufacturing, retail, public services, and human resources.

Product overview

Aequalis offers a unified blockchain-based software platform focused on supply chain tracking and verification solutions. Their core product enables end-to-end transaction tracking across multiple industries including food & beverage, pharmaceuticals, healthcare, financial services, agriculture, and manufacturing. The company provides specialized services for proof of identity, tamper-proofing, product traceability, and counterfeit monitoring. While they mention an AI-driven recruitment tool in their careers section, no detailed product modules or named platform components are explicitly listed on their main website pages.

Differentiator

Problem solved

Functional benefit

Products and services

• Blockchain Supply Chain Tracking Solutions

Quantifiable outcome

• 98% on-time delivery rate
• +1 more outcomes

Named customers2 records

Segments8 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core and supporting.

• Blockchain Platforms PartnerscoreTechnology or IntegrationPlatform partnerships for blockchain development including Hyperledger, Ethereum, and other enterprise blockchain frameworks. Partners enable multi-platform blockchain solutions for client implementations.
• Technology PartnerssupportingTechnology or IntegrationTechnology partners providing complementary infrastructure and tools for blockchain solution development and deployment.
• Development PartnerssupportingStrategic or Co-development PartnerStrategic development partnerships for co-building blockchain solutions and expanding delivery capabilities.

Scale indicators5 records

Recent moves5 records

Expansion highlights1 record

Direct peers

• R3: Enterprise blockchain software firm focused on Corda and DLT for financial services and supply chain, with a services plus platform model — overlapping Aequalis's financial and supply chain verticals with comparable consulting-and-implementation delivery.
• ConsenSys: Largest pure-play Ethereum/blockchain software and consulting firm, offering enterprise blockchain solutions, developer tooling, and identity/traceability primitives — directly comparable to Aequalis's blockchain services and platform-agnostic delivery model.
• HashCash Consultants: India-headquartered blockchain development and consulting firm serving financial services and supply chain globally — directly comparable service portfolio, geographic base, and mid-tier enterprise positioning.
• LeewayHertz: India-based blockchain and software development firm offering enterprise consulting, smart contract development, and supply chain solutions — closest direct competitor given shared geography, services model, and target verticals.

Emerging players

• Zeeve: Enterprise blockchain infrastructure and managed services platform with supply chain and traceability solutions — comparable to Aequalis's blockchain service offerings but with a more productized, platform-oriented approach.
• Kaleido (Blockdaemon): Enterprise blockchain platform provider offering managed nodes, chain APIs, and supply chain tooling — comparable to Aequalis's enterprise blockchain enablement focus but with a more productized platform model.

Broad incumbents

• Accenture Blockchain: Global consulting giant with a dedicated blockchain practice serving financial services, life sciences, and supply chain — directly overlapping Aequalis's vertical mix and enterprise delivery model at much larger scale.
• IBM Blockchain Services: IBM's enterprise blockchain practice delivers Hyperledger-based consulting, identity (IBM Verify), and supply chain (Food Trust) solutions at scale — a broad incumbent competing for the same enterprise blockchain RFPs Aequalis targets.
• Wipro Blockchain: Wipro's blockchain services arm delivers enterprise DLT solutions across supply chain, finance, and healthcare — same verticals, same Indian delivery base, materially larger scale.
• Infosys Blockchain Practice: Indian IT services major with an established blockchain consulting arm serving global enterprises — competing head-to-head with Aequalis on cost-competitive enterprise blockchain implementation engagements.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/_Aequalis

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 Aequalis