Business EconomyPosted at: Jun 26 2025 12:19AM


Hyderabad-based Equal joins elite WEF list alongside Google, Spotify and Airbnb

Hyderabad, June 25 (UNI) Hyderabad-based Equal, one of India's leading secure data sharing platforms, was chosen by the World Economic Forum (WEF) for its 2025 list of ‘Technology Pioneers’, a global cohort of 100 companies driving transformation across industries.
Founded by Keshav Reddy and Rajeev Ranjan in 2022, the company is one of the 100 companies worldwide and 10 from India selected by WEF from thousands of applicants.
With this selection, Equal joined the elite league of past WEF Pioneer alumni, including Google, Spotify and Airbnb, the company said in a release here today.
The company provides infrastructure for KYC, fraud prevention, and financial data sharing across sectors like lending, insurance, and employment. Equal holds a strategic stake in OneMoney, India’s largest RBI-licensed Account Aggregator.
Equal processed over 101 million transactions in March 2025 and is currently operating at an annual run rate of over one billion transactions, up from 75,000 in FY2024. It serves 250+ clients including some of India’s largest financial institutions, connects with 50+ ID repositories, and operates with a 97 per cent KYC success rate.
Equal Founder Keshav Reddy said “We are honoured to be recognised by the World Economic Forum. This acknowledgment reinforces our belief that consent-based, secure data sharing is foundational to India’s digital future. Over the last year, we’ve seen how access to verified data can meaningfully transform lives, from helping a gig worker get credit for the first time to enabling faster health insurance claims for families in need. As we look ahead, we’re focused on building robust, AI-led infrastructure that makes personal data truly work for every Indian, responsibly, transparently, and at scale.”
India has made a strong showing this year, with 10 startups making it to the WEF list, a testament to the country’s growing influence in the global innovation landscape.
Apart from Equal, other Indian startups featured in the 2025 cohort include Agnikul Cosmos, CynLr, Dezy, Digantara, Exponent Energy, Freight Tiger, GalaxEye, SolarSquare, and The ePlane Co.
As a WEF Technology Pioneer, Equal and its peers will contribute to global discussions on digital trust, data privacy, and financial inclusion. The company has been invited to the WEF’s Annual Meeting of the New Champions in Tianjin, China to be held from June 24–26, 2025.
UNI KNR RN
Tags: #Hyderabad-based Equal joins elite WEF list alongside Google# Spotify and Airbnb
More News

Apollo Tyres launches 'Aspire 5', eyes global market

26 Jun 2025 | 1:33 PM

Kochi, June 26 (UNI) Apollo Tyres Ltd, a leading tyre maker and a trusted partner to leading global automakers, launched its newest Ultra-High Performance (UHP) tyre, Apollo Aspire 5, positioned at ‘adventure meeting comfort’.

see more..
Amazon launches five new Fulfilment Centres ahead of Prime Day 2025

Amazon launches five new Fulfilment Centres ahead of Prime Day 2025

26 Jun 2025 | 1:10 PM

Hyderabad, June 26 (UNI) With Prime Day 2025 starting next month, Amazon today announced the launch of five new Fulfilment Centres (FCs), further adding to its robust operations network in India.

see more..
Rupee rises by 17 paise against USD

Rupee rises by 17 paise against USD

26 Jun 2025 | 10:38 AM

Mumbai, June 26 (UNI) The Rupee today appreciated by 15 paise to 85.90 in the opening session, on weak dollar demand from bankers and importers, amid easing West Asian tension.

see more..
Sensex rises by 123 21 points

Sensex rises by 123 21 points

26 Jun 2025 | 10:38 AM

Mumbai, June 26 (UNI) The BSE Sensex today rose by 123.21 points to 82,878.17 in early trade, tracking mixed global market cues amid cautiousness over the fragile Israel-Iran ceasefire, traders said.

see more..

AP: Kakinada Co-op town Bank makes Rs 15 64 Cr net profit

26 Jun 2025 | 1:39 AM

Kakinada, June 25 (UNI) The Kakinada co-operative town bank, ever since its inception forty five years ago has been making profits consistently and in the financial year ending March 31st it made a net profit of Rs.15.64 Crores, a top official said here today.

see more..