IDfy

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IDfy - overview

Established

2011

Location

Mumbai, Maharashtra, India

Primary Industry

Software

About

Based in Mumbai, India, and founded in 2011 by co-founders Ashok Hariharan (CEO), Kaushik Shah, Wriju Ray, Vineet Jawa, and Narayanswamy Hariharan, Baldor Technologies Private Limited, doing business as IDfy, operates as a provider of identity verification platforms, offering verification solutions to various industries, including banking, employment, and e-commerce. In February 2026, IDfy raised INR 4. 76 billion in series F led by Neo Asset Management, with participation from other Analog Capital, Kae Capital and Blume Ventures, Elev8 Venture Partners, and IndiaMART InterMESH Ltd also participated in the round. The company provides an identity verification platform that offers comprehensive verification solutions to businesses.


The platform's services include customer verification, employee background verification, vendor identity verification, and user identity verification. Moreover, the firm offers solutions such as API integration for smarter decision-making, video KYC solutions, and merchant onboarding identity verification. Additionally, the company also provides services such as compliance and fraud prevention.


Current Investors

New Enterprise Associates, Dream Incubator, NB Ventures

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Application Integration Software, Monitoring & Security Software

Website

www.idfy.com/

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Series F

Total Amount Raised

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