India's Most Valuable Companies 2022 edition · Source: Hurun India
Rank#378- Valuation
- ₹8,300 Cr
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About Perfios
Perfios is a Technology company based in Bengaluru (India) founded in 2008 by Velamur Rangachari Govindarajan, Debashish Chakraborty, and Kunnath Santosh. It provides financial technology solutions for data analysis and verification globally. It operates on a B2B and SaaS model. Perfios has raised $258.77 million across 8 funding rounds from investors including Bessemer Venture Partners, Warburg Pincus and Ontario Teachers' Pension Plan. The company has 898 employees. Perfios has completed 5 acquisitions, including Clari5, CreditNirvana and Fego. Perfios was last valued at $432.73 million in February 2022. Its website perfios.com draws about 1.4 million monthly visits. Its Indian entity Perfios Software Solutions Private Limited reported revenue of ₹683 Cr. Perfios offers products and services including Bank Statement Analyser, KYC/KYB, and Document Analysers. Its focus areas include FinTech, Investment Tech, Financial Databases and Private Company Data. Its competitors include IDfy and Transunion CIBIL; 1 of its 2 listed competitors has raised funding.
Company details
Perfios Software Solutions delivers AI-powered tools for banking, insurance, and fintech industries, focusing on document analysis, KYC verification, and fraud detection to streamline operations. The company operates through products like bank statement analyzers and compliance checks, serving clients such as banks and financial firms. Headquartered in India with a global presence across 18 locations, Perfios enhances efficiency in credit decisions and customer onboarding.
Recognitions & Rankings of Perfios
- Headquarters Bengaluru, India
- Employees 898
- Founders Velamur Rangachari Govindarajan, Debashish Chakraborty, Kunnath Santosh
- Stage Minicorn
- SectorsTechnology
- Website category Finance
- Website perfios.com/index.php
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Perfios Software Solutions Private Limited
- Date of Incorporation 29 May, 2008
- Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Key Metrics
- Annual Revenue₹683 Cr
FY 2025 · +20% YoY
- Net Profit₹108 Cr
FY 2025 · 16% margin
- EBITDA₹164 Cr
FY 2025 · 24% margin
- Total Equity Funding$258.77M (USD)
in 8 rounds
- Latest Funding Round$80M (USD), Series D
Mar 2024
- InvestorsBessemer Venture Partners
& 13 more
- Employee Count898
- Investments & AcquisitionsClari5
& 4 more
Associated legal entities of Perfios
Perfios is associated with 2 registered companies on The Company Check; the primary company is Perfios Software Solutions Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Perfios Software Solutions Private Limited CIN U72200MH2008PTC404503 | Active | 29 May 2008 | Mumbai, Maharashtra | ₹683 Cr | 898 | 13 | View details |
| Perfios Account Aggregation Services Private Limited CIN U74999KA2017PTC107213 | Active | 16 Oct 2017 | Bangalore, Karnataka | ₹7.1 Cr | 11 | 4 | View details |
Products & Services of Perfios
Perfios offers a comprehensive portfolio of products and services, including Bank Statement Analyser, KYC/KYB, and Document Analysers.
Bank Statement Analyser
Financial Analysis
Digitises and analyses bank statements for faster credit underwriting
KYC/KYB
Verification
Comprehensive tool for customer identity and business verification processes
Document Analysers
Document Processing
Automates digitisation and analysis of documents for credit underwriting
Apps and channels of Perfios
its YouTube channel Perfios has 1.41K subscribers and 30 videos.
Perfios
Open channelVideos from Perfios
The most watched videos on Perfios's YouTube channel, Perfios (1.41K subscribers). Click a video to play it here.
Sales Isn't A Job. It's A Mindset | Sridhar Narayana, CBO, Perfios
From Bootstrapped to India’s Largest SaaS Fintech | The Untold Story of Perfios
Digitization, Risk & The Human Factor in Banking | Ramaswamy Subramanian x Krishna Chaitanya
Fintech, First Principles & the Myth of the “Mini CEO” | Krishna Chaitanya x Gautam Mahesh
More on Perfios.
Funding Insights of Perfios
Perfios has successfully raised a total of $258.77M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $80 million completed in March 2024. 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 $258.77M
- Total Rounds 8
- Last Round Series D — $80M
- First Round $6.15M
(Mar 2017)
- Investors Count 14
All 8 funding rounds of Perfios with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2024 | $80M | Series D | – | Ontario Teachers' Pension Plan | – |
| Sep 2023 | $41.42M | Series D | – | Kedaara | |
| Oct 2022 | $6.08M | Debt – Venture | – | – | |
| Feb 2022 | $80.62M | Series C | $432.73M | Warburg Pincus, Ramgopal Subramani | |
| Nov 2021 | Angel Round | – | Nikhil Gopinath, Nikhil Gopinath | – | |
| Sep 2019 | $50M | Series B | – | Warburg Pincus, Bessemer Venture Partners | – |
| Feb 2018 | $576,298 | Series A | $24M | Bessemer Venture Partners | – |
| Mar 2017 | $6.15M | Series A | $••••• | Bessemer Venture Partners | – |
Valuation history
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $432.73M | •••••••• |
| Feb 2018 | $24M | •••••••• |
| Mar 2017 | $••••• | •••••••• |
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Full valuation and stage history of Perfios
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $432.73M (Feb 2022). 14 investors in total: 7 institutional and 7 angel.
Investors in Perfios
Perfios has secured backing from 14 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Bessemer Venture Partners, Warburg Pincus and Ontario Teachers' Pension Plan.
All
Venture Fund
Institutional
Angel
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on growth companies | kedaara.com | Ebene City, Mauritius | ||
Multi-stage private equity investments are pursued across diverse sectors. | 1966 | warburgpincus.com | New York, United States | |
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Venture debt is provided to growth-stage companies for business scaling. | strideventures.global | Delhi, India | ||
Venture debt financing is extended to companies across multiple sectors. | 2008 | innovencapital.com | Mumbai, India | |
Pension funds focused on multiple sectors | 1990 | otpp.com | Toronto, Canada | |
| 1000632564ontario.tcc.mode | ||||
GS Gaurav Samdaria | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_9ee85033fc8b48b48 | ||
OS Omkar Shirhatti | Co-founder of Karza Technologies, angel investor in Indian startups | unknown_0203e2b751f3452ea | ||
AK Alok Kumar | Angel investor, ex-Google, focused on tech startups in India. | unknown_ad3fb3058b4e45c3b |
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Investor details for Perfios
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Perfios Software Solutions Private Limited (Perfios)
Perfios Software Solutions Private Limited is the primary company behind Perfios. The boards of the 2 registered companies of Perfios currently have 12 directors; the longest-serving is Debasish Chakraborty, appointed in 2008. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Debasish Chakraborty DIN 02131142 | Director | 29 May 2008 | 18 yrs 4 mo | Perfios Software Solutions Private Limited |
| Velamur Rangachari Govindarajan DIN 00012771 | Whole-time director | 29 May 2008 | 18 yrs 4 mo | Perfios Software Solutions Private Limited |
| Vishal Vijay Gupta DIN 01913013 | Director | 22 Dec 2017 | 8 yrs 10 mo | Perfios Software Solutions Private Limited |
| Sunil Satyapal Gulati DIN 00016990 | Director | 09 Jan 2020 | 6 yrs 9 mo | Perfios Account Aggregation Services Private Limited |
| Ram Narayanan Colathur DIN 00211906 | Director | 31 Jan 2020 | 6 yrs 8 mo | Perfios Software Solutions Private Limited |
| Rama Subramaniam Gandhi DIN 03341633 | Director | 31 Jan 2020 | 6 yrs 8 mo | Perfios Software Solutions Private Limited |
| Varun Telaprolu DIN 09154314 | Director | 07 Feb 2024 | 2 yrs 8 mo | Perfios Software Solutions Private Limited |
| Darius Dhunjishaw Vakil DIN 07483613 | Director | 28 Mar 2024 | 2 yrs 6 mo | Perfios Software Solutions Private Limited |
| Nishant Sharma DIN 03117012 | Director | 03 Jun 2024 | 2 yrs 4 mo | Perfios Software Solutions Private Limited |
| Srikanth Rajagopalan DIN 08671078 | CEO | 01 Jul 2024 | 2 yrs 3 mo | Perfios Account Aggregation Services Private Limited |
| Thampy Koshy DIN 09479938 | Director | 08 Jul 2025 | 1 yr 3 mo | Perfios Account Aggregation Services Private Limited |
| Nitin Chugh DIN 01884659 | Managing Director | 16 Jun 2026 | 4 mo | Perfios Software Solutions Private Limited |
People of Perfios
236 people are tracked at Perfios (48 in leadership, 2 in board & advisors, 186 in team); the tracked headcount is 898.
| Name | Role | Group |
|---|---|---|
| Co-Founder, Executive Chairman | Leadership | |
Debashish Chakraborty | Co-Founder, Board Member | Leadership |
Kunnath Santosh | Co-Founder | Leadership |
Sumit Nigam | Chief Technology Officer | Leadership |
Payal Jaiswal | Director | Leadership |
Ajit Terdalkar | Head of India Sales | Leadership |
Vijay Menon | Head - Asean Business | Leadership |
Dharmesh K. | Associate Director | Leadership |
Anupam Mohanty | Director Engineering Data Science | Leadership |
Sabyasachi Goswami | CEO | Leadership |
Vijay Y H | Head of Finance | Leadership |
Kunal Kishan | Director | Leadership |
Sridhar Narayan | Chief Business Officer | Leadership |
Viral Vora | Associate Director | Leadership |
Harshdeep Singh | Director - Emerging Accounts | Leadership |
Pramod Veturi | CEO, International Business | Leadership |
Alok Kumar | Head Of Engineering | Leadership |
Nauka Saxena | Head Sales & Account Management - Emerging Markets | Leadership |
Neha Goenka | Associate Vice President Sales | Leadership |
Srinivas K V | Executive Vice President | Leadership |
216 more people are available in the full profile.
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Complete people profiles for Perfios
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Financials of Perfios
Figures of Perfios Software Solutions Private Limited, the primary company behind Perfios, for FY 2025. Revenue was ₹683 Cr (+20% year on year). Net profit was ₹108 Cr (16% margin). EBITDA was ₹164 Cr (24% margin). Revenue has grown at a compounded annual rate of +72% over three years and +55% over five years.
- ₹683 CrRevenue · FY 2025 · +20% YoY
- ₹108 CrNet profit · 16% margin
- ₹164 CrEBITDA · 24% margin
- ₹6.36 CrPaid-up capital
- 898Employees (provident fund records)
- +72%Revenue CAGR, 3 years
- +55%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Perfios Software Solutions Private Limited are on its company page.
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Detailed financial statements for Perfios
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Investments & Acquisitions by Perfios
Perfios has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Clari5, CreditNirvana and Fego.
Acquisitions
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based solutions for hospital claims and patient management are offered. | ihx.in | Bengaluru, India | 2009 | Apr 2025 | •••• | |
AI/ML-driven debt management platform is offered for financial institutions. | creditnirvana.ai | Bengaluru, India | 2018 | Mar 2025 | •••• | |
Financial crime management solutions for banks are provided. | clari5.com | Bengaluru, India | 2006 | Feb 2025 | •••• | |
Provider of open banking APIs | fego.ai | Chennai, India | 2020 | Sep 2023 | •••• | |
AI-powered financial data analysis and decision support are provided. | karza.in | Mumbai, India | 2015 | Feb 2022 | $80M |
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Timeline of Perfios
9 dated milestones of Perfios across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Perfios is founded.
- Funding First funding round of $6.2M.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Karza.
- Acquisition Acquires Fego.
- Funding Latest funding round, Series D, of $80.0M.
- Acquisition Acquires Clari5.
- Acquisition Acquires CreditNirvana.
- Acquisition Acquires IHX.
Competitors of Perfios
Perfios has 2 listed competitors in our database, 1 of them funded. They include IDfy and Transunion CIBIL.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| idfy.com | 2011 | Mumbai, India | $56.03M | 587 | Identity verification, background screening, and fraud prevention solutions are provided. | |
| transunioncibil.com | 2000 | Mumbai, India | 865 | Credit scores and reports are supplied for loan assessments. |
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Detailed competitors of Perfios
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Web traffic of Perfios
The website of Perfios (perfios.com) receives about 1.4M visits a month and ranks #44,157 among all websites worldwide, #2,822 in Finance.
- Monthly visits1.4M
▲ 20.8% vs previous month
- Unique visitors551.6K
per month
- Global rank#44,157
among all websites
- Category rank#2,822
Finance · Finance
Visitor engagement
- Bounce rate27%
- Pages per visit3.5
- Average visit1 min 57 sec
- DevicesDesktop 22% · Mobile 78%
Similar websites
Websites whose visitors overlap most with Perfios. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| paisabazaar.com | 100% | 10.7M | #5,741 | View details | |
| jagoinvestor.com | 97% | 26.3K | #1,182,212 | View details | |
| idfcfirstbank.com | 93% | 3.9M | #11,461 | View details | |
moneywatch.bnet.com | moneywatch.bnet.com | 92% | – | ||
| cibil.com | 87% | 7.8M | #5,690 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Perfios (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Perfios
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Frequently Asked Questions about Perfios
Perfios was founded in 2008 and raised its 1st funding round 9 years after it was founded.
Perfios is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Perfios is a funded company, having raised a total of $258.77M across 8 funding rounds to date. The company's 1st funding round was a Series A of $6.15M, raised on Mar 2017.
Perfios has 898 employees.
The primary company behind Perfios, Perfios Software Solutions Private Limited, reported revenue of ₹683 Cr for FY 2025, up 20% year on year.
Perfios Software Solutions delivers AI-powered tools for banking, insurance, and fintech industries, focusing on document analysis, KYC verification, and fraud detection to streamline operations. The company operates through products like bank statement analyzers and compliance checks, serving clients such as banks and financial firms. Headquartered in India with a global presence across 18 locations, Perfios enhances efficiency in credit decisions and customer onboarding.
Perfios's top competitors include IDfy and Transunion CIBIL.
Perfios offers Bank Statement Analyser, KYC/KYB, and Document Analysers.
Perfios has made 5 acquisitions, including Clari5, CreditNirvana, and Fego.
Perfios has 14 investors. Key investors include Bessemer Venture Partners, Warburg Pincus, Ontario Teachers' Pension Plan, InnoVen Capital, and Kedaara.
The valuation of Perfios is $432.73M as of Feb 2022.
Perfios is associated with 2 legal entities: Perfios Software Solutions Private Limited, Perfios Account Aggregation Services Private Limited.