IDfy Raises ₹2.2B in Series F primary financing Funding

Fresh capital backs acquisitions and international expansion for an identity-verification business already operating across seven countries.

Round size
₹2.2B
Stage
Series F primary financing
Headquarters
India
Announced
Feb 13, 2026

Verifying customers and counterparties

The platform helps enterprises check identities during onboarding, assess risk and manage data privacy. Banks and other financial businesses use these tools to investigate fraud and meet compliance requirements.

New capital and shareholder liquidity

The wider ₹476 crore transaction includes ₹220 crore invested in the company and ₹256 crore of secondary share purchases. The archive amount counts the fresh capital. Acquisitions are a central part of the planned expansion in India and overseas.

Where the funding goes

  • Strategic acquisitions
  • International expansion
  • Product development

Sources

  1. IDfy: funding announcement
  2. Economic Times: primary and secondary split
  3. IDfy: verification, onboarding and privacy products
  4. IDfy: company identity and Mumbai origin
  5. Entrackr: earlier board approval, before funding confirmation
03 / Related rounds

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