Results · Enterprise Software & IT

Perfios posts 46% profit jump in FY25

By Startup Enthusiast · 21 March 2026

What they do

Perfios is a B2B fintech SaaS that automates loan onboarding, credit underwriting and fraud detection for financial institutions

It reported a net profit of ₹104.3 crore in FY25, up 46% from ₹71.7 crore in FY24, with operating revenue of ₹669.5 crore

The company has been profitable for three consecutive years and serves over 1,000 financial institutions with 75+ products

Perfios reported a net profit of ₹104.3 crore for FY25, a 46% increase from ₹71.7 crore in FY24.
Its operating revenue grew 20% to ₹669.5 crore from ₹557.8 crore.
Total income for FY25 was ₹708.5 crore, including other income of ₹39.2 crore.
Service income accounted for over 95% of operating revenue at ₹638.5 crore.
Domestic revenue from India was ₹575 crore, up 14% from ₹505.5 crore.
Total expenses rose 13% to ₹561 crore, with employee costs at ₹337.94 crore.
The company has been profitable for three consecutive years, starting with a maiden profit of ₹7.8 crore in FY23.

Perfios entered the unicorn club in 2024 after raising $80 million from Teachers' Venture Growth at a valuation over $1 billion.
It has completed five acquisitions and one acqui-hire since 2022, including Clari5, CreditNirvana and IHX in 2025.
The company was exploring an IPO in 2024, but no further updates have been disclosed.

Perfios is a B2B fintech SaaS company that enables financial institutions to automate loan onboarding, credit underwriting and fraud detection.
Its technology processes loans in under two minutes via real-time data analysis and credit underwriting.
It serves over 1,000 financial institutions with 75+ products and 500+ APIs.
The platform processes 8.2 billion data points annually.
Revenue comes primarily from service income (over 95% of operating revenue) and license sales.

The company was reported to be exploring an IPO in 2024, but no further updates have been disclosed.

Warburg Pincus (existing) — A global private equity firm.
Bessemer Venture Partners (existing) — A venture capital firm focused on cloud and SaaS.
Kedaara Capital (existing) — An Indian private equity firm.
Teachers' Venture Growth (TVG) (existing) — The venture growth arm of Ontario Teachers' Pension Plan.