IDfy Raises $53 Million in Series F Funding to Accelerate Global…

Team S · 2026-02-13T13:09:45.000Z

IDfy, the Mumbai-based identity verification and regtech platform, has successfully raised $53 million (₹476 crore) in a Series F funding round that combines primary capital with secondary transactions to strengthen its digital trust and compliance ecosystem. The latest round positions the company for rapid growth as it expands its services and global footprint amid rising demand for secure digital onboarding, fraud detection, risk mitigation, and privacy governance solutions across industries. The Series F round was led by Neo Asset Management through its Neo Secondaries Fund, with significant participation from existing investors including Blume Ventures, Analog Capital, Elev8, IndiaMART, and Kae Capital. This mix of new and existing investor backing underscores strong confidence in IDfy’s integrated TrustStack platform and its capabilities to power identity verification infrastructure for enterprises worldwide. IDfy plans to use the fresh capital for strategic acquisitions, expanding into new international markets, enhancing its product suite, and driving innovation to meet evolving digital compliance needs. The secondary component of the funding also provides partial liquidity for early investors and employees, reflecting the company’s maturation and robust market position since its founding in 2011. With operations across India, Southeast Asia, and the Middle East, IDfy serves more than 500 enterprise clients and has conducted hundreds of millions of verification checks annually. The successful Series F round further solidifies IDfy’s role in the global regtech space, where demand for trusted digital identity infrastructure continues to rise alongside evolving regulatory frameworks and digital economy growth.

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IDfy Raises $53 Million in Series F Funding to Accelerate Global… | Newnex