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
Recent funding
Series F
Feb 2026
$53M
Equity
May 2024
$11M
Equity
Mar 2024
$27M
Series D
Oct 2021
$11M