IDfy
Mumbai-based identity verification and background-check platform ("TrustStack") that builds technology products to authenticate individuals and entities, helping businesses prevent fraud with minimal friction through KYC, KYB, video KYC and employee background verification.
IDfy: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 13 Feb 2026 | Series F | Rs 476 Cr (~$53 Mn) | Neo Asset Management Analog Capital Blume Ventures Elev8 Venture Partners IndiaMART Kae Capital | source |
| 6 Mar 2024 | Series E | $27 Mn | Elev8 Venture Partners KB Investment Tenacity Ventures | source |
| 21 Oct 2021 | Series D | Rs 86 Cr (~$11.5 Mn) | Blume Ventures TransUnion | source |
| 27 Aug 2020 | Series A | INR 16 Cr (~$2.1 Mn) | Dream Incubator Millenna FVCI III NB Ventures | source |
| 1 Jan 2015 | Undisclosed | INR 18 Cr | Beenos Blume Ventures Faktory Ventures New Enterprise Associates | source |
| 1 Jan 2012 | Seed | Undisclosed | Blume Ventures | source |
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Who founded IDfy?
IDfy was founded by Ashok Hariharan, Vineet Jawa, Hatim Baheranwala in 2011.
How much funding has IDfy raised?
IDfy has raised $95.74 Mn across 6 tracked funding round(s), most recently on 2026-02-13. Figures are compiled from cited public sources.
Who are the investors in IDfy?
Investors in IDfy include Neo Asset Management, Analog Capital, Blume Ventures, Elev8 Venture Partners, IndiaMART, Kae Capital, KB Investment, Tenacity Ventures.
What does IDfy do?
Mumbai-based identity verification and background-check platform ("TrustStack") that builds technology products to authenticate individuals and entities, helping businesses prevent fraud with minimal friction through KYC, KYB, video KYC and employee background verification.
Where is IDfy headquartered?
IDfy is headquartered in Mumbai, Maharashtra, India.
What is IDfy's business model?
IDfy's core value proposition centers on Frictionless onboarding, verifiable identities, Fighting fraud at scale with least friction, 500+ risk signals, Plug & play integration.
How does IDfy make money?
IDfy's cited revenue streams include Professional fees for verification services.