About Verifacts
Verifacts is a Business Services company based in Bengaluru (India) founded in 2003, and was acquired by Modern India in February 2014. Background verification services for employee and business screening are offered. The company has 297 employees. Its chief executive, as recorded, is Rajiv Sharma. Its website verifacts.co.in draws about 12 thousand monthly visits. Its Indian entity Verifacts Services Private Limited reported revenue of ₹17.25 Cr. Its focus areas include HR Services and Background Check. Its competitors include TalentBridge, Eduquity and Excellence4u; 2 of its 3 listed competitors have raised funding.
Company details
Verifacts was established in 2003 in Bengaluru, India, as a provider of background verification services. Customized checks are conducted across industries, from basic verifications to those tailored for specific sectors. Employee, partner, and client data are authenticated through thorough processes. Operations focus on delivering accurate and timely information to support risk mitigation and decision-making in personnel and business relationships.
- Headquarters Bengaluru, India
- Employees 297
- Stage Acquired
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website verifacts.co.in
- Social LinkedIn X Facebook Instagram
- Acquired by Modern India (Feb 2014)
- Legal Name Verifacts Services Private Limited
- Date of Incorporation 22 Mar, 2005
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹17.25 Cr
FY 2025 · -10% YoY
- Net Loss-₹1.71 Cr
FY 2025 · -10% margin
- EBITDA₹9.7 Lakh
FY 2025 · 1% margin
- Investors
- Employee Count297
- Acquired byModern India
(Feb 2014)
Associated legal entities of Verifacts
Verifacts operates through Verifacts Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Verifacts Services Private Limited CIN U74140KA2005PTC035878 | Active | 22 Mar 2005 | Bangalore, Karnataka | ₹17.3 Cr | 297 | 5 | View details |
Investors in Verifacts
Verifacts has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Modern India.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of real estate development, renewable energy, global sourcing, and HR services | 1933 | modernindia.co.in | Mumbai, India |
Investor details for Verifacts
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- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Verifacts Services Private Limited (Verifacts)
Verifacts Services Private Limited is the primary company behind Verifacts. The board of Verifacts Services Private Limited currently have 5 directors; the longest-serving is Vijaykumar Mahabirprasad Jatia, appointed in 2014. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vijaykumar Mahabirprasad Jatia DIN 00096977 | Director | 04 Feb 2014 | 12 yrs 9 mo | Verifacts Services Private Limited |
| Ashokraj Ramchandra Birla DIN 00049517 | Director | 04 Feb 2014 | 12 yrs 9 mo | Verifacts Services Private Limited |
| Sidhant Vijaykumar Jatia DIN 00097177 | Director | 04 Nov 2019 | 7 yrs | Verifacts Services Private Limited |
| Mudit Vijay Kumar Jatia DIN 00192012 | Director | 04 Nov 2019 | 7 yrs | Verifacts Services Private Limited |
| Kaiwan Dossabhoy Kalyaniwalla DIN 00060776 | Director | 06 Nov 2023 | 3 yrs | Verifacts Services Private Limited |
People of Verifacts
5 people are tracked at Verifacts (1 in leadership, 3 in board & advisors, 1 in team); the tracked headcount is 297.
| Name | Role | Group |
|---|---|---|
Rajiv Sharma | CEO | Leadership |
| Director | Board & advisors | |
S. D. Israni | Director | Board & advisors |
| Director | Board & advisors | |
| Chairman | Team |
Complete people profiles for Verifacts
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Financials of Verifacts
Figures of Verifacts Services Private Limited, the primary company behind Verifacts, for FY 2025. Revenue was ₹17.25 Cr (-10% year on year). Net loss was -₹1.71 Cr (-10% margin). EBITDA was ₹9.7 Lakh (1% margin). Revenue has grown at a compounded annual rate of -7% over three years and -4% over five years.
- ₹17.25 CrRevenue · FY 2025 · -10% YoY
- -₹1.71 CrNet loss · -10% margin
- ₹9.7 LakhEBITDA · 1% margin
- ₹50 LakhPaid-up capital
- 297Employees (provident fund records)
- -7%Revenue CAGR, 3 years
- -4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Verifacts Services Private Limited are on its company page.
Detailed financial statements for Verifacts
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of Verifacts
2 dated milestones of Verifacts across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Verifacts is founded.
- Exit Acquired by Modern India.
Competitors of Verifacts
Verifacts has 3 listed competitors in our database, 2 of them funded. They include TalentBridge, Eduquity and Excellence4u.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| talentbridge.co.in | 2008 | Bengaluru, India | $1.87M | 20 | Tailored recruitment solutions are delivered across diverse industries. | |
| eduquity.com | 2000 | Bengaluru, India | 736 | Human resource assessment and examination management solutions for enterprises | ||
| excellence4u.in | 2011 | Bengaluru, India | $10M | 43 | Technical assessment services are provided for the IT industry. |
Detailed competitors of Verifacts
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- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Verifacts
The website of Verifacts (verifacts.co.in) receives about 11.9K visits a month.
- Monthly visits11.9K
▼ 35.9% vs previous month
Websites whose visitors overlap most with Verifacts. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| signdesk.com | 100% | 248.2K | #147,526 | View details | |
| ongrid.in | 100% | 99.5K | #292,853 | View details | |
| diro.io | 92% | 37.8K | #673,322 | View details | |
| authbridge.com | 77% | 230.8K | #155,519 | View details | |
| cashfree.com | 62% | 5.8M | #7,665 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Verifacts
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- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Human Resource & Staffing Services
2 companies that operate in the same segment as Verifacts (Human Resource & Staffing Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Staffing and recruiting services connect employers with job candidates. | 2000 | Bengaluru, Karnataka, India | USD 28.39 M | USD 1.26 B | 2,470 | |
HR management, recruitment, and staffing services are provided. | 2015 | Bengaluru, Karnataka, India | USD 15.95 M |
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Frequently Asked Questions about Verifacts
Verifacts was founded in 2003.
Verifacts is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rajiv Sharma is the CEO of Verifacts, as recorded in our data.
Verifacts has 297 employees.
The primary company behind Verifacts, Verifacts Services Private Limited, reported revenue of ₹17.25 Cr for FY 2025, down 10% year on year.
Verifacts was established in 2003 in Bengaluru, India, as a provider of background verification services. Customized checks are conducted across industries, from basic verifications to those tailored for specific sectors. Employee, partner, and client data are authenticated through thorough processes. Operations focus on delivering accurate and timely information to support risk mitigation and decision-making in personnel and business relationships.
Verifacts's top competitors include TalentBridge, Eduquity and Excellence4u.
Verifacts has 1 investor. Key investors include Modern India.
Verifacts operates through Verifacts Services Private Limited.
Yes. Verifacts was acquired by Modern India in February 2014.
The legal entities of Verifacts currently have 5 directors, including Kaiwan Dossabhoy Kalyaniwalla, Sidhant Vijaykumar Jatia, Vijaykumar Mahabirprasad Jatia and others.