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IDfy

Skyline Icon, 8th Floor, Unit No. 801, 802, 803, 804, Chimatpada, Marol, Andheri East, Mumbai, Maharashtra, 400059, India

Overview

Founded in 2011, IDfy offers an integrated TrustStack platform that enables enterprises to handle identity verification, fraud detection, and privacy compliance in a single workflow. The company serves more than 500 enterprise clients across over 10 sectors and processes in excess of 500 million verification checks each year. IDfy’s operations span seven countries, including India, markets in Southeast Asia, and the Middle East. With the accelerating adoption of digital transactions and new regulations like India’s Digital Personal Data Protection Act, demand for its services continues to grow. The firm posted operating revenue of ₹186 crore in FY25, up from ₹145 crore in FY24, and recorded a ₹1.6 crore net profit after a prior fiscal loss. Proceeds from its latest funding will support strategic acquisitions, international expansion, and further product development, positioning the company for continued growth in the global regtech arena.

Total raised
$102M
Funding rounds
5
Latest round
Series F
Latest activity
Feb 2026

Industries

  • Fraud Detection
  • Information Services
  • Information Technology
  • Machine Learning
  • Risk Management
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Recent funding

  1. Series F

    Feb 2026

    $53M

  2. Equity

    May 2024

    $11M

  3. Equity

    Mar 2024

    $27M

  4. Series D

    Oct 2021

    $11M

Team

  • Ashok Hariharan

    Co-Founder & CEO

    LinkedIn
  • Vineet Jawa

    Co Founder & Director

    LinkedIn
  • Ashish Sahni

    CTO

  • Wriju Ray

    Chief Business Officer

    LinkedIn