Tuesday, November 30, 2021

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IDfy: Raises INR 86 Crore in Series D Funding

IDfy Raises INR 86 Crore in Series D Funding

  • IDfy, a Mumbai, India-based ID verification and onboarding solutions company, raised INR 86 Crore in Series D funding
  • The round was led by TransUnion (NYSE: TRU) and Blume Ventures
  • The company plans to use this funding to strengthen its product offerings and expand its business and operations
  • Led by Ashok Hariharan, Founder & CEO, the company builds technology products and solutions that accurately authenticate entities
  • This helps businesses prevent fraud and engage with verified entities with the least amount of friction
  • The company is growing its business internationally. During the last six months, ID`fy has served companies in South East Asia and the Middle East
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