Equal names retired justice B.N. Srikrishna as chairman

Equal, India’s data sharing platform along with its investee OneMoney, has appointed retired Supreme Court justice B.N. Srikrishna as chairman of their newly formed advisory board. The Board will assist both companies in advancing secure, consent-driven data sharing, ensuring alignment with compliance to regulatory norms, and encouraging ethical data practices in the ever-changing digital environment.

Equal, founded by Keshav Reddy and Rajeev Ranjan in 2022, made an investment in August 2024 in OneMoney, an RBI NBFC-AA licence holder, leading the account aggregator domain and serving over 200 financial information users.

As chairman, he will lead both Equal and OneMoney’s initiatives to maintain highest standards for security, compliance and consent-driven data sharing practices in the digital economy.

Speaking on being appointed as the chairman, Srikrishna said, “Their commitment to enabling secure, compliant and consent-driven data sharing aligns closely with my work in safeguarding privacy and fostering trust in technology based democratisation of products and services. As chairman of the Advisory Board, I look forward to collaborating on solutions that balance individual rights and aspirations, economic growth and stability of the society.”

“Together, we aim to create frameworks that not only drive innovation but also set global benchmarks for ethical data usage and business practices,” he adds.

Apart from Srikrishna, the advisory board consists of Jagdish Capoor, former RBI deputy governor, Rakesh Mohan, former RBI deputy governor, Anand Sinha, former RBI deputy governor, J. Satyanarayana, former chairman of UIDAI, Ajay Prakash Sawhney, Former Secretary, Ministry of Electronics and IT, P.H. Ravikumar, Founding CEO of NCDEX, Anitha Ramachandran, Independent Director on multiple Boards, and Sunil Kulkarni, Fintech expert and advisor with over three decades of leadership in digital banking and payment solutions.

Speaking on the appointment, Reddy, founder of Equal highlighted on the empowerment of Indians, “At Equal, we are committed to empowering Indians to live better lives through better access to credit, employment and healthcare. Having Justice Srikrishna at the helm of our Advisory Board, along with such an esteemed group of experts, reinforces our commitment to innovation, accountability, and making India a global leader in trusted data practices.”