Helloverify

Noida, India Founded: 2012 • Age: 14 yrs
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About Helloverify

Helloverify is a company based in Noida (India) founded in 2012 by Karan Mirchandani and Varun Mirchandani. Helloverify has raised $150 thousand across 2 funding rounds from investors including Lead Angels, Y Combinator and DCVC. The company has 503 employees. Helloverify operates in a competitive market with competitors including Perfios, Signicat, Onfido, IDfy and Checkr, among others.

  • Headquarter Noida, India
  • Employees 503
  • Founders Karan Mirchandani, Varun Mirchandani
  • Sectors
    Financial Services
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website helloverify.com
  • Social LinkedIn Facebook
  • Legal Name Hello Verify India Private Limited
  • Date of Incorporation 13 Mar, 2018
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹87.62 Cr

    FY 2024 · +16% YoY

  • Net Profit
    ₹7.22 Cr

    FY 2024 · 8% margin

  • EBITDA
    ₹17.96 Cr

    FY 2024 · 20% margin

  • Total Equity Funding
    $150K (USD)

    in 2 rounds

  • Investors
  • Employee Count
    503

Funding Insights of Helloverify

Helloverify has successfully raised a total of $150K across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $150,000
  • Total Rounds 2
  • First Round $150,000

    (Jun 2018)

  • Investors Count 4

All 2 funding rounds of Helloverify with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2019–Seed–Lead Angels, DCVC
Jun 2018$150,000Seed–Y Combinator
–
Valuation history

4 investors in total: 4 institutional.

Investors in Helloverify

Helloverify has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Lead Angels, Y Combinator and DCVC.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investment in high-growth startups and angel funding services in India.
2014leadangels.inMumbai, India
Early-stage startups are accelerated via funding and educational programs.
–ycombinator.comMountain View, United States
Venture capital firm focused on multiple sectors
–dcvc.comPalo Alto, United States
Angel investments in early-stage ventures are managed by VentureSouq.
–venturesouq.comDubai, United Arab Emirates
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Investor details for Helloverify

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Board of directors of Hello Verify India Private Limited (Helloverify)

Hello Verify India Private Limited is the primary company behind Helloverify. The board of Hello Verify India Private Limited currently have 2 directors; the longest-serving is Karan Sonu Mirchandani, appointed in 2018.

DirectorDesignationAppointedTenureEntity
Karan Sonu Mirchandani
DIN 00101768
Director13 Mar 20188 yrs 6 moHello Verify India Private Limited
Varun Mirchandani
DIN 00077148
Director13 Mar 20188 yrs 6 moHello Verify India Private Limited

People of Helloverify

64 people are tracked at Helloverify (12 in leadership, 52 in team); the tracked headcount is 503.

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
Natassha Chaurasia
General Manager Enterprise SalesLeadership
Vikas Sharma
Deputy General Manager OperationsLeadership
Kumar Dhananjay Rakesh
General Manager - Enterprise BusinessLeadership
Rijvendra Parihar
General Manager - Enterprise SalesLeadership
Amit Sutradhar
General Manager Enterprise SalesLeadership
Pradeep Verma
Deputy General ManagerLeadership
Sharmil Jain
Sr. General Manager & Vertical HeadLeadership
Anuj Sharma
General ManagerLeadership
Amit Kumar Aggarwal
Head - Products And TechnologyLeadership
Jai Khare
General Manager-client Servicing And Key Account ManagementLeadership
Kamal Kishore
Team LeadTeam
Gunjan Deep Singh
Deputy ManagerTeam
Ravinder Kushwah
Accounting ManagerTeam
Pankaj Kumar Singh
Assistant Manager FinanceTeam
Sandeep Negi
Assistant ManagerTeam
Tanya Arora(Tanuja)
Business Team LeadTeam
Saurabh C.
Project LeadTeam
Aman Singh
Senior Test EngineerTeam

44 more people are available in the full profile.

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Complete people profiles for Helloverify

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Financials of Helloverify

Figures of Hello Verify India Private Limited, the primary company behind Helloverify, for FY 2024. Revenue was ₹87.62 Cr (+16% year on year). Net profit was ₹7.22 Cr (8% margin). EBITDA was ₹17.96 Cr (20% margin). Revenue has grown at a compounded annual rate of +48% over three years and +20% over five years.

  • ₹87.62 CrRevenue · FY 2024 · +16% YoY
  • ₹7.22 CrNet profit · 8% margin
  • ₹17.96 CrEBITDA · 20% margin
  • ₹3.40 CrPaid-up capital
  • 503Employees (provident fund records)
  • +48%Revenue CAGR, 3 years
  • +20%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Hello Verify India Private Limited are on its company page.

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Detailed financial statements for Helloverify

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Timeline of Helloverify

3 dated milestones of Helloverify across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Helloverify is founded.
  2. Funding First funding round of $150K.
  3. Funding Latest funding round, Seed,.

Competitors of Helloverify

Helloverify operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Perfios, Signicat, Onfido, IDfy and Checkr, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
perfios.com2008Bengaluru, India$258.77M–
Provides financial technology solutions for data analysis and verification globally.
signicat.com2006Trondheim, Norway$2.09M150
Software solutions for identity management are provided via APIs.
onfido.com2012London, United Kingdom$242.38M516
Identity verification solutions are provided, including document and biometric authentication.
idfy.com2011Mumbai, India$56.03M587
Identity verification, background screening, and fraud prevention solutions are provided.
checkr.com2014San Francisco, United States$679.74M1,043
AI platform for employee background verification is utilized.
digio.com.br2016Sao Paulo, Brazil––
Mobile platform offering credit cards
hidglobal.com1991Austin, United States––
Cloud-based physical identity and access management systems are developed.
encompasscorporation.com2011Glasgow, United Kingdom$197.68M206
Corporate Digital Identity and KYC solutions are provided by Encompass.
kriya.co2010London, United Kingdom$451.59M130
Diversified business loans, payments, and authentication solutions are provided online.
unico.io2007Sao Paulo, Brazil$337.34M–
Digital identity solutions company providing facial biometrics and digital admission solutions
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Detailed competitors of Helloverify

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Web traffic of Helloverify

The website of Helloverify (helloverify.com) receives about 28.8K visits a month.

  • Monthly visits
    28.8K

    ▼ 33.6% vs previous month

Similar websites

Websites whose visitors overlap most with Helloverify. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
kount.com
100%
104.2K#336,201View details
verifi.com
96%
30.1K#813,011View details
youtube.com
46%
30.4B#2View details

Latest news on Helloverify

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Complete news archive for Helloverify

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Similar companies to Helloverify

10 companies that operate in the same segment as Helloverify (Regulatory & Compliance Tech), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based anti-money laundering solutions are provided for compliance.
2014London, England, United KingdomUSD 167.21 MUSD 45.67 M443
CLEAR is focused on secure identity verification for seamless experiences.
2010New York, New York, United StatesUSD 135 MUSD 900.78 M4,019
Automated and expert-led identity verification services are provided.
2010Munchen, Bayern, GermanyUSD 40 M–29
AI-based fraud prevention for e-commerce payments is provided.
2013New York, New York, United StatesUSD 232.02 MUSD 346.08 M693
AI-powered data and decision intelligence solutions are provided for businesses.
2016London, England, United KingdomUSD 546.08 M––
Facial recognition and AI video analysis solutions are provided.
2011Beijing, ChinaUSD 1.98 B––
Compliance management solutions for financial institutions
2014New York, New York, United StatesUSD 461 M––
Identity verification, background screening, and fraud prevention solutions are provided.
2011Mumbai, Maharashtra, IndiaUSD 103.31 M––
Software solutions for identity management are provided via APIs.
2006Trondheim, Trøndelag, NorwayUSD 2.09 MUSD 72.04 M150
AI-driven image recognition for emotion and activity analysis is provided.
–Boston, Massachusetts, United StatesUSD 59.7 M–40
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Frequently Asked Questions about Helloverify

Helloverify was founded in 2012 and raised its 1st funding round 6 years after it was founded.

Helloverify is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Varun Mirchandani is the current CEO of Helloverify. They have also founded this company.

Helloverify is a funded company, having raised a total of $150K across 2 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Jun 2018.

Helloverify has 503 employees.

The primary company behind Helloverify, Hello Verify India Private Limited, reported revenue of β‚Ή87.62 Cr for FY 2024, up 16% year on year.

Helloverify was founded in 2012 in Noida, India, as an online platform focused on applicant tracking within the human resources technology sector. Verification tools for addresses, court records, past employment, education, references, credit, and criminal databases are integrated. Automation for decision-making and analytical insights on background checks are provided. Services are tailored to industries such as manufacturing, education, gig economy, healthcare, and hospitality.

Helloverify's top competitors include Perfios, IDfy and Signicat.

Helloverify has 4 investors. Key investors include Lead Angels, Y Combinator, DCVC, and VentureSouq.

Helloverify operates through Hello Verify India Private Limited.

The legal entities of Helloverify currently have 2 directors, including Karan Sonu Mirchandani, Varun Mirchandani.

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