Informative

Exclusive: IDfy posts Rs 188 Cr revenue in FY25 while maintaining

Update / Judgement Date

20 Jul 2025

Source

Entrackr

Author

Team — WCP Legal Desk

Reading Time

1 min read

Financial ManagementStart-Up & DPIIT

IDfy, a business specializing in identity verification, reported a revenue of ₹188.5 crore in FY25 and returned to profitability with a net profit of ₹7.8 crore, a significant improvement from a loss of ₹8.8 crore in FY24. The company's consistent revenue growth and strategic cost management are attributed to its re-establishment of profitability. IDfy provides digital tools for KYC, fraud detection, background checks, and onboarding across various industries, processing millions of verifications monthly.

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Exclusive: IDfy posts Rs 188 Cr revenue in FY25 while maintaining

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