ID verification startup IDfy expects to cross Rs 200 crore revenue mark in FY25

Identity verification startup IDfy aims to cross Rs 200 crore in revenue by the end of FY25. The Mumbai-based startup registered Rs 145 crore in revenue from operations in FY24 against Rs 108 crore in FY23 and Rs 56 crore in FY22. The growth will be driven by expanding its presence across Southeast Asia, including Indonesia, the Philippines and the Middle East.