About Verifast
Verifast is a Technology company based in Bengaluru (India) founded in 2023 by Tanmay Sethi, Utkarsh Trivedi, and Ashutosh Vishwakarma. AI tools for enhancing e-commerce conversions and customer support efficiently. It operates on a SaaS and B2B model in Technology and Retail sectors. Its chief executive, as recorded, is Tanmay Sethi. Its Indian entity Verifast Tech Labs Private Limited reported revenue of ₹61.9 Lakh. Verifast offers products and services including AI Agents and Shopify App. Its focus areas include AI Tech, E-commerce Solutions, AI Agents and Consumer.
Company details
Verifast provides custom AI agents that help e-commerce businesses increase conversions through personalized recommendations and automated query handling in multiple languages. It operates by probing customer needs, suggesting products, and streamlining support without live agents. The platform serves industries like health, fashion, and personal care, enabling global brands to improve customer satisfaction and sales metrics.
- Headquarters Bengaluru, India
- Founders Tanmay Sethi, Utkarsh Trivedi, Ashutosh Vishwakarma
- SectorsTechnologyRetail
- Website verifast.tech
- Legal Name Verifast Tech Labs Private Limited
- Date of Incorporation 15 Sep, 2023
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹61.9 Lakh
FY 2025 · +804% YoY
- Net Loss-₹33.6 Lakh
FY 2025 · -54% margin
- EBITDA-₹30.8 Lakh
FY 2025 · -50% margin
Associated legal entities of Verifast
Verifast operates through Verifast Tech Labs 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 |
|---|---|---|---|---|---|---|---|
| Verifast Tech Labs Private Limited CIN U62091KA2023PTC178663 | Active | 15 Sep 2023 | Bangalore, Karnataka | ₹0.6 Cr | 2 | View details |
Products & Services of Verifast
Verifast offers a comprehensive portfolio of products and services, including AI Agents and Shopify App.
AI for boosting e-commerce conversions and automating customer interactions.
App for training AI agents and enhancing website functionality.
Board of directors of Verifast Tech Labs Private Limited (Verifast)
Verifast Tech Labs Private Limited is the primary company behind Verifast. The board of Verifast Tech Labs Private Limited currently have 2 directors; the longest-serving is Utkarsh Trivedi, appointed in 2023. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Utkarsh Trivedi DIN 10321389 | Director | 15 Sep 2023 | 3 yrs 1 mo | Verifast Tech Labs Private Limited |
| Tanmay Sethi DIN 07566674 | Director | 15 Sep 2023 | 3 yrs 1 mo | Verifast Tech Labs Private Limited |
People of Verifast
3 people are tracked at Verifast (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
| Co-Founder, COO | Leadership | |
| Co-Founder, CTO | Leadership |
Complete people profiles for Verifast
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Verifast
Figures of Verifast Tech Labs Private Limited, the primary company behind Verifast, for FY 2025. Revenue was ₹61.9 Lakh (+804% year on year). Net loss was -₹33.6 Lakh (-54% margin). EBITDA was -₹30.8 Lakh (-50% margin).
- ₹61.9 LakhRevenue · FY 2025 · +804% YoY
- -₹33.6 LakhNet loss · -54% margin
- -₹30.8 LakhEBITDA · -50% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Verifast Tech Labs Private Limited are on its company page.
Detailed financial statements for Verifast
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in AI in Advertising
3 companies that operate in the same segment as Verifast (AI in Advertising) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investing in seed-stage B2B SaaS companies with a focus on digital transformation and emerging tech in India. | 2020 | Pune, Maharashtra, India | ||||
Provides AI-enhanced brand strategy, web design, content marketing, and digital services to businesses. | 2009 | Bengaluru, Karnataka, India | USD 2.39 M | 101 | ||
AI-powered app for recommending celebrity photos to users. | 2017 | India |
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Frequently Asked Questions about Verifast
Verifast was founded in 2023.
Verifast is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Tanmay Sethi is the CEO of Verifast, as recorded in our data. They have also founded this company.
The primary company behind Verifast, Verifast Tech Labs Private Limited, reported revenue of ₹61.9 Lakh for FY 2025, up 804% year on year.
Verifast provides custom AI agents that help e-commerce businesses increase conversions through personalized recommendations and automated query handling in multiple languages. It operates by probing customer needs, suggesting products, and streamlining support without live agents. The platform serves industries like health, fashion, and personal care, enabling global brands to improve customer satisfaction and sales metrics.
Verifast offers AI Agents and Shopify App.
Verifast operates through Verifast Tech Labs Private Limited.
The legal entities of Verifast currently have 2 directors, including Utkarsh Trivedi, Tanmay Sethi.