IDfy posts Rs 188 Cr revenue in FY25 while maintaining profitability

Identity verification startup IDfy has maintained its growth momentum, achieving 30% year-over-year growth during the previous fiscal year, which ended in March 2025. At the same time, the company is back to profitability, according to two sources and documents reviewed by Entrackr.

IDfy’s revenue from operations increased to Rs 188.5 crore in FY25 from Rs 145 crore in FY24, as per the documents.

Founded by Ashok Hariharan, Vineet Jawa, and Hatim Baheranwala, IDfy builds…