Equal Identity Private Limited

Founded in 2022 and based in Hyderabad, India, Equal Identity Private Limited is a provider of identity verification software where users can share their IDs with various businesses through an equal ID gateway. In November 2024, Equal Identity Private Limited raised USD 10 million in Series A funding co-led by investors Prosus Ventures and Tomales Bay Capital, with participation from other investors Blume Ventures, DST Global, Gruhas Proptech, and Quona Capital. The series A funding values Equal Identity Private Limited at USD 80 million post-money. Equal's product suite includes a variety of services such as ID verification workflows, consumer and employee onboarding, digital login solutions, and face recognition technology.

The company also emphasises its business rule engine, which allows for automation and customisation of identity workflows. The offerings include an aggregation platform that integrates access to over 50 identity providers and 4000 APIs through a single connection. This functionality allows businesses to create custom, automated workflows tailored to their operational needs, addressing challenges such as consumer onboarding, KYC processes, and real-time ID verification. The firm serves across industries such as real estate, healthcare, education, IT services, and more.

The company will use the November 2024 funding to develop a general framework for enhancing India's data-sharing ecosystem, grow operations, and establish strategic alliances.