Online fraud detection Startup IDfy bags $2 Mn from existing investors
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Mumbai-based online fraud detection platform IDfy is raising INR 16 Cr (nearly $2.1 Mn) in debt from existing investors Millenna FVCI III, NB Ventures and Dream Incubator as a part of its Series A funding round. Of the total capital raised, Millenna FVCI III has infused nearly INR 14.89 ($2.01 Mn) into the company. Dream Incubator has invested INR 74 Lakh ($100K) and NB Ventures has added INR 37.24 Lakh ($50K) in the company.