IDfy funding, investors and company details

IDfy is an emerging Information Technology startup from Mumbai, working in the space of An integrated identity verification platform providing KYC, KYB, background checks, and fraud prevention solutions. Founded by Ashok Hariharan, Vineet Jawa, Hatim Baheranwala, Narayanswamy Hariharan.

Company: Baldor Technologies Private Limited
Sector: Information Technology
Location: Mumbai
Founders: Ashok Hariharan, Vineet Jawa, Hatim Baheranwala, Narayanswamy Hariharan

Company overview

IDfy operates as an integrated identity verification platform providing KYC, KYB, background checks, and fraud prevention solutions. Core activities include API-based document analysis, facial biometrics, database cross-referencing, video KYC onboarding, risk assessment via AI/ML models, criminal record scans, and compliance tools for AML and privacy governance. It supports employee verification, merchant onboarding, real-time fraud detection, no-code workflow customization through IDfy360, and enterprise-grade dashboards for actionable insights across onboarding, monitoring, and reporting.

Funding rounds

Latest round (Series F): ₹476.00 Cr. ($ 52.44 Mn), 2026-02-13. Investors: Neo Asset Management, Blume Ventures, Analog Partners, Elev8 Venture Partners, Indiamart, Kae Capital
Past round (Series E): $ 27.00 Mn (₹225.05 Cr.), 2024-03-06. Investors: Tenacity Ventures