Founded in 2008, Perfios is a platform that helps businesses quickly organize and analyze large amounts of data. It’s built to grow with businesses, making complex tasks, like decoding encrypted information and handling data from different regions, easier to manage.
Perfios is trusted by over a million users, offering secure and flexible solutions that improve their digital experiences. With no security breaches to date, Perfios is dedicated to protecting privacy and keeping data safe.
Perfios Highlights
| Company Name | Perfios |
| Founded | 2008 |
| Headquarters | Bengaluru, India |
| Sector | B2B Fintech |
| Founders | V.R. Govindarajan, Debashish Chakraborty |
| Valuation | $1 billion (September 2024) |
| Website | Perfios.com |
Perfios leadership team
V.R. Govindarajan (Govi) – Co-Founder and Executive Chairman
With 32+ years in IT, Govi leads Perfios’ vision to become India’s top personal finance platform. Previously, he co-founded Aztecsoft and worked at DEC and IBM. He holds an M.S. in Computer Science from Massachusetts University and a B.E. from IISc Bangalore.
Debashish Chakraborty (DChak) – Co-Founder and Board Member
With 22 years in software, Debashish co-founded Aztec and now leads Perfios’ product development. He holds a B.Tech from IIT Kharagpur and an M.Tech from IIT Kanpur.
Sabyasachi Goswami – CEO
Sabyasachi has 20+ years in fintech and product tech. He leads strategy, product development, and business growth. He is an alumnus of Symbiosis and Stanford Graduate School of Business.
Rajesh Kini – CFO
Rajesh, with 25+ years in finance, previously served as CFO at Infosys’ product subsidiary. He’s a Chartered Accountant and will guide Perfios’ financial strategy and global expansion.
From Startup to Industry Leader
Perfios was founded in 2008 by V.R. Govindarajan and Debashish Chakraborty to simplify personal finance management. Govindarajan served as CEO, while Chakraborty brought technical expertise. In 2013, they pivoted to B2B solutions for banks, becoming a leading software provider for the financial sector.
Key leadership changes followed, with Govindarajan becoming Executive Chairman in 2022 and Sabyasachi Goswami taking over as CEO. In 2023, Chakraborty stepped down as CTO, and Sumit Nigam from Tata Digital took the role. Govindarajan and Chakraborty remain board members.
By 2014, Perfios developed technology to convert documents into structured data, creating Perfios Insights, which helps banks verify income and employment details for loan approvals, strengthening its position as a trusted partner in financial services.
Perfios Business Model and Growth Strategy
Perfios started by creating the first cloud-based, fully automated personal finance tool. They developed a powerful data platform that uses advanced technology to analyze data and provide personalized reports.
Privacy is a priority, with no personal or account details stored, ensuring data security.
Perfios excels in lead generation, using data from millions of businesses to help B2B companies find and qualify leads. They also use targeted outreach to quickly attract customers and build a strong sales pipeline, leading to faster business growth.
Perfios Future Plans
Perfios is upgrading its Document Processing platform with new machine learning models to handle financial documents and detect fraud. Their solutions help businesses make real-time decisions across transactions and major financial actions.
With steady growth, Perfios plans to invest in driving digital transformation for partners and expanding financial services globally.
Perfios currently handles $36 billion in assets, conducts 1.7 billion transactions yearly, and provides financial institutions with 8.2 billion data points annually.
Some More Stories
Conclusion
Perfios has come a long way since its inception in 2008, evolving from a personal finance management tool to a global B2B fintech powerhouse. With cutting-edge technology, a strong leadership team, and a focus on data privacy and security, Perfios has built a solid reputation as a reliable partner for financial institutions. Its impressive $1 billion valuation underscores its impact in transforming the fintech landscape. As it continues to innovate, Perfios is well-positioned to lead digital transformation and drive growth in the financial services sector on a global scale.
Frequently Asked Questions
1. What services does Perfios offer?
Perfios specializes in data aggregation, analysis, and reporting for financial institutions. Its solutions include income verification, fraud detection, and decision-making support for banks and financial institutions.
2. How has Perfios ensured data security over the years?
Perfios prioritizes data privacy and security by not storing personal or account details. With no recorded security breaches to date, it maintains a strong commitment to protecting sensitive information.
3. What sets Perfios apart in the fintech industry?
Perfios stands out for its advanced data-processing platform, scalable solutions, and ability to simplify complex financial tasks like decoding encrypted information and handling multi-regional data.
4. What are Perfios’ future growth plans?
Perfios aims to upgrade its Document Processing platform with machine learning models, expand globally, and drive digital transformation for its partners in financial services.
5. Who are the key leaders driving Perfios’ success?
Perfios’ leadership team includes Co-Founder and Executive Chairman V.R. Govindarajan, Co-Founder Debashish Chakraborty, CEO Sabyasachi Goswami, and CFO Rajesh Kini, each bringing decades of expertise in technology, finance, and strategic growth.
