Deqode

Deqode is a software development and IT outsourcing firm founded in 2016 in India as Techracers. The company now operates 450+ engineers across seven cities in India (Indore, Pune, Bangalore, Delhi, Hyderabad) plus offices in the USA and Dubai. Over its 10 years in operation, Deqode has delivered 100+ applications, engineered 150+ products, and maintains a 95% client retention rate. The firm serves startups, SMEs, agencies, and large enterprises with a focus on product development, blockchain, cloud services, and DevOps.

Services and capabilities

Deqode organizes its work into several service lines. Under Digital Transformation, the company offers consulting, product engineering, legacy modernization, and custom software development. Its Blockchain division handles smart contract development, ICO and IEO launch services, and blockchain application development. The Cloud Services group covers cloud advisory, migration to AWS/GCP/Azure, and cloud-native application development. DevOps services span container orchestration, API management, and managed services.

The firm also maintains Deqode Labs, a dedicated division for Web3 and DeFi work. A separate practice focuses on business process management using Appian and Salesforce, including development, implementation, and infrastructure maintenance. QA services, annual maintenance and support, and managed IT services round out the portfolio.

On the staffing side, Deqode provides developers, digital scientists, business analysts, and technical leads for team augmentation. The company emphasizes a data-driven approach and human-centric design thinking in its consulting methodology.

Notable work

Deqode's case studies include work for Xneelo on web hosting infrastructure, Honeyfund (which raised over $600 million for users after platform enhancement), and projects in DeFi infrastructure and crypto payments automation. The firm has processed 23.7 million GB of data for business intelligence applications. Projects span fintech, travel, e-sports, supply chain, and decentralized finance. One supply chain modernization effort focused on efficiency gains for a logistics company. A prominent product modernization moved a legacy system to modern infrastructure.

Clients mentioned by name include Leda Health (a blockchain-focused fintech), Holiday Extras (travel services), SPI (a mobile app rebuild that achieved 2x download growth on the streamlined version), and Peggy (backed by CTO Adam Meghji, who cited Deqode's Ruby on Rails expertise and frontend mobile talent).

How they work

Deqode uses a consulting-first approach beginning with attentive listening to client challenges and objectives, followed by merging technical expertise with market insights to craft solutions. The company applies lean methodologies and emphasizes consistent communication through virtual meetings. Clients praise the team for establishing smooth workflows and providing clear roadmaps.

For staff augmentation, Deqode deploys vetted engineers who work exclusively for client ecosystems and product development. The firm has worked with 100+ companies to build engineering teams. Engagement models include consulting services, dedicated team deployment, and managed services. Pricing details are not publicly stated; the company invites project inquiries for custom proposals.

Team and credentials

Ankur Maheshwari is CEO; Latha Sharma is Chief Marketing Officer. The company was originally founded in 2016 and rebranded as Deqode in 2019. Team size is 450+ across multiple locations.

Deqode holds AWS, Google Cloud, and Azure partnerships and launched these in 2020. The firm secured a technical patent for Blaze Protocol (a block-lattice protocol) in 2018. In 2021, Deqode became a pioneer in DeFi and Web3. The company has been recognized by GoodFirms for IT outsourcing services and reports 200% year-on-year growth in 2022. By 2024, Deqode integrated AI into its service portfolio to offer AI-driven solutions.