Discover Emerging Tech
Entropy builds analytics and research software for tech investors to find emerging technologies before they go mainstream.
Entropy was founded in January 2018. Its roots trace back to AJF Innovations (ajf.in), incubated at CIBA in Goa, India. In June 2016, the founder began experimenting with keyword analysis of domain names and noticed an unusual rise in registrations related to crypto, blockchain, Ethereum, and Bitcoin. This discovery sparked deeper research into these technologies. By May 2017, what started as data curiosity evolved into a side project to track everything crypto through analytics and building the first prototypes of what would later become Entropy’s software products.
Over the years, starting from a single spreadsheet, Entropy evolved into multiple tools and products, from market correlation models to project discovery engines and blockchain experiments, and along the way, it built both a digital assets portfolio and a software business.
Startup Phase: In January 2018, Entropy became a full-time startup based in Mindspace, Mumbai. It gained credibility with early releases like the Blockchain Trend Tracker, which surfaced correlations between real-world events and blockchain adoption metrics.
With an increasing focus on blockchain and crypto data, the venture embraced cutting-edge engineering and data science practices.
Growth Phase: In March 2020, Entropy released Entropy X, helping early adopters discover new crypto protocols and startups before they go mainstream. The tool quickly gained traction and established Entropy as a key player in the analytics space.
In 2021, Entropy’s software solutions business was incorporated in India and the USA, becoming a multinational brand.
Scale-up Phase: Launched in July 2024, Entropy Nodes is a blockchain data lab. It builds API wrappers around blockchain nodes to enable seamless, structured, and high-performance data queries across multiple chains. Designed as the backbone for Entropy X and future products, Nodes will continue to evolve as a playground for blockchain experimentation, from decentralised ledger data and multi-chain interoperability to infrastructure tools.
Looking ahead, Entropy will expand its data capabilities, integrating sources like domain registration keywords, company databases, startup directories, trademarks, patents, and academic whitepapers to uncover deep relational insights and strengthen its role as a platform to Discover Emerging Tech.