Another One Joins The Club - Perfios Raises $70M Start-Up Hyderabad
Loading Startup Hyderabad

Another One Joins The Club – Perfios Raises $70M

 1 year ago    
perfios - fund raise

Perfios, a fintech company raises $70 Million from existing investors Warburg Pincus and Bessemer India. This Bangalore-based company intends to utilize the funds towards the expansion of its operations. This includes capital expenditure, financing acquisitions, and working capital requirements.

With this round of investment, Warburg Pincus becomes the largest shareholder in Perfios with a 41.6% stake. Whereas, Bessemer holds 32.1%. Additionally, the two cofounders Debashish Chakraborty and VR Govindarajan hold 7.3% and 7.5%, respectively. Previously, Perfios raised $50M in funding from the same investors in November 2019.

Although the company has not revealed its valuation, the latest round values Perfios at $4.05 billion. Joining the Unicorn club, Perfios intends to raise an additional $40 million in debt funding this year.


Perfios – Bridging the gap between Data and Insights

Founded by Debasish Chakraborty and V R Govindarajan in 2008, Perfios is a product technology company that enables businesses and financial institutions with automation of customer onboarding, decision-making, risk pricing, and fulfillment. This is done by extracting, categorizing, and analyzing this data from multiple financial institutions. Consequently, this enables lenders to automate data-driven risk and pricing decisions. The company’s offerings also enable companies to build vertical applications across various domains.

Having started out as a cloud-hosted personal finance management solution, it acknowledges privacy and security and ensures their maintenance. With 4 audits a year, the data platform ensures the privacy and security of its customers. Scaling into a data platform, Perfios uses a combination of home-grown AI/ML algorithms to offer in-depth data analysis & customizable reports. `

Perfios- global presence

Being cash and EBIDTA positive since 2018, the company claims to categorize over 500M transactions per month. Having established its presence in 18 countries, the company supports 735 institutions and has 1700 data formats. Over the years, Perfios has acquired large clients across various domains such as Banks, NBFCs, Digital Lending platforms, Mutual Fund Companies, Insurance companies, Human Resources.

Another Unicorn you must read about – Hasura – The New Kid on the Unicorn Block – Start-Up Hyderabad Hasura (



Rituka M

I am an avid reader and have a passion for writing. Being a law student coming from a commerce background, I have a flair for learning about the dynamic legal and business fraternity, as well as becoming an entrepreneur myself. Innovation, creativity, and hard work are the sole drivers to growth and is my mantra for life.


  • Saritha Keshamoni

    Saritha Keshamoni

  • Rituka M

    Rituka M

  • Ramya Sayaboni

    Ramya Sayaboni

  • Bhavitaavya Dharanikota

    Bhavitaavya Dharanikota

  • Sruthi Malla

    Sruthi Malla

  • Tata Teja

    Tata Teja

  • Nethrikaa Greeshma

    Nethrikaa Greeshma

  • Ruchika Agarwal

    Ruchika Agarwal

  • Neeha Jayaram

    Neeha Jayaram

  • Avatar

    Sameeksha Bansal

  • Rahul Das

    Rahul Das

  • Shravani Maddirala

    Shravani Maddirala

  • Saloni Anand

    Saloni Anand

  • Avatar

    Madhureema RoyMoulik

  • Srinivas Aki

    Srinivas Aki

  • Dhivya


  • Sravya Gowrisetty

    Sravya Gowrisetty

  • Soumalya Chakraborty

    Soumalya Chakraborty

  • Monika Guwalani

    Monika Guwalani

  • Ramesh Loganathan

    Ramesh Loganathan

  • Nischala Agnihotri

    Nischala Agnihotri

  • Varun Rastogi

    Varun Rastogi

  • Harshita Goel

    Harshita Goel

  • Nikita Kiran

    Nikita Kiran

  • Avatar

    Ankur Mehta

  • Neha Mohsin

    Neha Mohsin

  • Maddy Anand

    Maddy Anand

  • Chandra Mouli Koduri

    Chandra Mouli Koduri

  • Ayyappa Nagubandi

    Ayyappa Nagubandi

  • Divya Jyothi

    Divya Jyothi

  • Ayushi Pandey

    Ayushi Pandey

  • Saptarshi Roy Chaudhury

    Saptarshi Roy Chaudhury

  • Amita Sood

    Amita Sood

  • Avatar

    Surya Vallae

  • Gunajit Haloi

    Gunajit Haloi

  • Avatar

    Manoj Surya

  • Ravi Vaka

    Ravi Vaka

  • Sreekar Reddy

    Sreekar Reddy

  • Priyanka Mechineni

    Priyanka Mechineni

  • Ambika Asta

    Ambika Asta

  • Avatar

    Anish Tadimarri

  • Vana Korrapati

    Vana Korrapati

  • Avatar

    Vineel Reddy Pindi

  • GR Reddy

    GR Reddy

  • Vinita Surana

    Vinita Surana

image title here

Some title