Regulatory tech startup IDfy raises Rs 86 crore in Series D round from TransUnion, Blume Ventures.
Administrative innovation startup IDfy has brought Rs 86 crore up in its Series D round of subsidizing drive by TransUnion and Blume Ventures, the firm declared on Thursday.
Administrative innovation startup IDfy has brought Rs 86 crore up in its Series D round of subsidizing drive by TransUnion and Blume Ventures, the firm declared on Thursday.
The Mumbai-based startup works in building items and arrangements that verify elements for organizations to forestall extortion just as assist them with drawing in with confirmed elements. The arrangements incorporate Know Your Customer checks, worker and vendor onboardings.
The startup intends to utilize the recently implanted assets to reinforce its item contributions and extend its business and tasks, it said in the public statement. The firm is additionally growing its business universally collaborating with firms in South East Asia just as the Middle East to give vendor onboarding administrations.
The organization professes to have performed in excess of 70 million confirmations for more than 500 organizations which additionally incorporates firms like Amazon, Airbnb, HDFC Bank, Dream11, and Visa. The firm counts institutional financial backers MegaDelta Capital, BEENEXT, Dream Incubator, NB Ventures, and Blume Ventures as existing patrons.
