Verifacts

Bengaluru, India Founded: 2003 • Age: 23 yrs Acquired By Modern India
Background verification services for employee and business screening are offered.
Annual revenue $3.0M Latest available
Total funding - Funding intelligence
Employees 297 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Verifacts

Verifacts is a company based in Bengaluru (India) founded in 2003 was acquired by Modern India in February 2014. The company has 297 employees as of April 05, 2024. Verifacts operates in a competitive market with competitors including TalentBridge, ATA, Eduquity, Thomas and Candorful, among others.

  • Headquarter Bengaluru, India
  • Employees 297 as on 05 Apr, 2024
  • Sectors
    Business Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Verifacts Services Private Limited
  • Date of Incorporation 22 Mar, 2005
  • Jurisdiction Bangaluru, Karnataka, India
Operational Areas
Business Services → Workforce & Human Resource Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3 M (USD)
    15.93
    as on Mar 31, 2023
  • Net Profit
    $100.26 K (USD)
    -32.35
    as on Mar 31, 2023
  • EBITDA
    $343.92 K (USD)
    14.43
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    297

    as on Apr 05, 2024

  • Acquired by
    Modern India

    (Feb 04, 2014)

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People of Verifacts

Headcount 500-1000
Employee Profiles 1
Board Members and Advisors 3
Employee Profiles
People
Vijay Kumar Jatia
Chairman

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Board Members and Advisors
people
Sidhant Jatia
Director
people
S. D. Israni
Director
people
Mudit Jatia
Director

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Teams

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Funding Insights of Verifacts

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Detailed funding history for Verifacts

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Investors in Verifacts

Verifacts has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Modern India.

All
Institutional
Investor Description Founded Year Domain Location
Provider of real estate development, renewable energy, global sourcing, and HR services
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Investor details for Verifacts

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Investments & Acquisitions by Verifacts

Investments
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Investment portfolio details for Verifacts

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Financial Statements - Verifacts

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Detailed financials for Verifacts

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Verifacts Comparisons

Verifacts Primary company
Description
Background verification services for employee and business s...
Location
Bengaluru, India
Founded Year
2003
Annual Revenue
$3 M (USD)
Net Profit
$100.26 K (USD)
EBITDA
$343.92 K (USD)
Employees
297
As of 2024
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Peer comparison for Verifacts

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Verifacts

Verifacts 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 TalentBridge, ATA, Eduquity, Thomas and Candorful, among others.

Company Name Domain Founded year HQ Location Description
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Tailored recruitment solutions are delivered across diverse industries.
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Computerized testing and talent assessment services are provided by ATA.
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Human resource assessment and examination management solutions for enterprises
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Candidate assessment services are provided for recruitment purposes.
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Interview coaching and career consulting services are provided.
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Detailed competitors of Verifacts

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Latest news on Verifacts

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Complete news archive for Verifacts

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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 current CEO of Verifacts.

As of Apr 05, 2024, the latest employee count at Verifacts is 297.

Annual revenue of Verifacts is $3M as on Mar 31, 2023.

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 Thomas, ATA and TalentBridge.

Verifacts has 1 investor. Key investors include Modern India.

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