IDfy, Mumbai-based ID verification and onboarding solutions company, announced that it has raised an investment of Rs 86 crore in its series D round of funding led by TransUnion and Blume Ventures.
IDfy, in a statement, said it plans to use this funding to strengthen its product offerings and expand its business and operations. The company is growing its business internationally. During the last six months, IDfy has been helping companies in South East Asia and the Middle East onboard verified merchants and customers in sectors like payments, e-commerce, and mobility.