Bengaluru-based B2B SaaS fintech startup Perfios has raised $229 million in a Series D funding round led by Kedaara Capital
The investment will be used for global expansion plans in North America and Europe, as well as investing in new-age technologies to enhance its comprehensive stack of decision analytics SaaS products
Perfios provides software solutions to the banking, financial services, and insurance sectors across 18 countries
The startup handles a substantial number of transactions, around 17 billion, amounting to an Asset Under Management (AUM) of $36 billion annually.
In February 2022, Perfios raised nearly $70 million in Series C funding which made it a new unicorn startup in the Indian startup ecosystem Warburg Pincus and Bessemer Venture Partners led the round.