IDfy has raised $27 million in a Series E funding round led by Elev8, KB Investment, and Tenacity Ventures. Founded in 2011 by Ashok Hariharan and Vineet Jawa, The startup aims to combat fraud and establish trust across various sectors. It offers products and solutions for KYC, KYB, employee background verifications, risk and fraud mitigation, digital onboarding and digital privacy.