TraceX Technologies Offers Blockchain Traceability Platform

Bengaluru-based TraceX Technologies, launched in 2019, offers an end-to-end blockchain-backed platform and an AI compliance tool, Clara, to capture, verify and share farm-to-fork supply-chain data. The 20-person startup reported ~₹3 crore revenue in FY25, works with 230,000 farmers and 30+ enterprise clients, and targets ₹4.5 crore ARR in FY26 while addressing EUDR compliance, digital product passports and Scope 3 carbon reporting.
Key Points
- 1Deploys blockchain ledger to record chain-of-custody for farm-to-fork traceability transactions
- 2Addresses compliance gaps for EUDR, digital product passports and verifiable sustainability reporting
- 3Enables enterprises to substantiate sourcing claims, calculate Scope 3 emissions, and generate audit-ready documentation
Scoring Rationale
Moderate novelty and practical relevance for supply-chain practitioners, but limited industry-wide scope and reliance on a single company profile.
Sources
Public references used for this report.
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