Perfios Raises $229 Million at over $900 Million Valuation

Perfios is a B2B SaaS company that is designed to seamlessly integrate with the existing infrastructure of financial institutions. This integration allows institutions to leverage Perfios’ powerful data analytics capabilities without disrupting their existing workflows. As the demands of the industry evolve, Perfios ensures that their software can accommodate growing volumes of data and expanding client bases.

Perfios has raised $229 million in a Series D round, which brings the company’s valuation to over $900 million. “Our valuation has taken a 120% jump from last time,” a Perfios spokesperson said in a statement. The new round was led by Indian private equity firm Kedaara Capital. In total, Perfios has raised $384 million in primary and secondary transactions up to date.

Perfios, Bangalore, Karnataka, India, was founded in 2008 by Debasish Chakraborty and V.R. Govindarajan. “This investment will help us in strengthening the digital transformation journey of our partners, thereby powering financial inclusion and providing access to financial services to billions across the globe,” noted Sabyasachi Goswami, cofounder and CEO of Perfios.

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