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Perfios, India’s leading B2B SaaS FinTech company, successfully raises $80 million in a funding round led by Teachers’ Venture Growth (TVG), the late-stage venture and growth investment arm of the Ontario Teachers’ Pension Plan .
This investment is a significant confirmation of Perfios’ market leadership in India and growing influence across Southeast Asia, the Middle East and Africa. The company is poised to continue its international expansion and strengthen its global footprint, with a focus on exploring inorganic growth opportunities. In addition, the funding will be used to strengthen his Perfios comprehensive technology stack that powers end-to-end customer journeys across banking, insurance, and embedded commerce verticals.
Perfios stands out as a pioneer in the FinTech industry, providing cutting-edge software platforms and products that empower financial institutions. With operations in 18 countries and serving more than 1,000 financial institutions, the company significantly accelerates access to credit and financial services. With an impressive portfolio of over 75 products and platforms and over 500 APIs, Perfios revolutionizes origination, onboarding, decision-making, underwriting, and oversight processes, enabling financial institutions to deliver at unparalleled scale and speed. We are making it possible to operate.
Highlighting this strategic partnership, Deepak Dara, Senior Managing Director and Head of India at Ontario Teachers, Inc., said, “We are thrilled to partner with Gobi, Sabya and their team at Perfios. We are excited. Our investment in Perfios is in line with our strategy to support experienced and visionary management teams in businesses with strong growth potential and clear competitive advantages. We believe in the growth of financial services and digitalization in India and Perfios is at the intersection of both themes and is positioned to play a pivotal role in the digital transformation of financial services companies in India and abroad. ”
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