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Helloverify - About the company

Helloverify is a seed company based in Noida (India), founded in 2012 by Karan Mirchandani and Varun Mirchandani. It operates as an Online platform for applicant tracking. Helloverify has raised $150K in funding from investors like Y Combinator, DCVC and Lead Angels, with a current valuation of ₹*****. The company has 449 active competitors, including 41 funded and 33 that have exited. Its top competitors include companies like Checkr, AuthBridge and First Advantage.

Company Details

Online platform for applicant tracking. The platform offers tools for address verification, court record checks, past employment, education check, reference check, credit check, and criminal databases. The platform offers tools to automate decision-making and also provides insights on employee background checks. The platform offers solutions to multiple sectors such as manufacturing, education, gig economy, healthcare, hospitality, etc.
Social
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Email ID
*****@helloverify.com
Phone Number
+91 **********
Registered Address
UG-7, Suneja Tower-1 District Centre, Janak Puri, South West Delhi, New Delhi, Delhi, India, 110058
Key Metrics
Founded Year
2012
Location
Noida, India
Stage
Seed
Total Funding
$150K in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Mar 01, 2019
Investors
Ranked
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
501 as on Jul 31, 2025
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Helloverify's funding and investors

Helloverify has raised a total funding of $150K over 2 rounds. Its first funding round was on 2018. Its latest funding round was a Seed round on Mar 12, 2019 for $*****. 4 investors participated in its latest round. Helloverify has 8 institutional investors.

Here is the list of recent funding rounds of Helloverify:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 12, 2019
9330698
Seed
3025851
7157903
2588488
8487535
2018
9547
Seed
4830
8321
7802
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Helloverify's founders and board of directors

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The founders of Helloverify are Karan Mirchandani and Varun Mirchandani. Varun Mirchandani is the CEO of Helloverify.
Here are the details of Helloverify's key team members:

Helloverify's Board of Directors

Helloverify's board has 2 active members. Karan Mirchandani and Varun Mirchandani are part of team.
Here is the list of Helloverify's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 7m
Team
-
Current
8y 7m

Helloverify's employee count trend

Helloverify has 501 employees as of Jul 25. The total employee count is 3.0% more than what it was in Jul 24. Here is Helloverify's employee count trend over the years:
Employee count trend for Helloverify
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Helloverify's Competitors and alternates

Top competitors of Helloverify include Checkr, AuthBridge and First Advantage. Here is the list of Top 10 competitors of Helloverify, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Checkr
Checkr
2014, San Francisco (United States), Series E
Provider of background checks, identity verification, and compliance management solutions
$680M
77/100
2nd
Logo for AuthBridge
AuthBridge
2005, Gurugram (India), Series B
Provider of identity verification, employee screening, and due diligence platform
$11.2M
72/100
3rd
Logo for First Advantage
First Advantage
2003, Atlanta (United States), Public
Provider of background checks and screening services
-
-
69/100
4th
Logo for Fama
Fama
2015, Los Angeles (United States), Series B
Social Media Background and Digital Footprint check
$14.2M
69/100
5th
Logo for Intelligo Group
Intelligo Group
2014, New York City (United States), Acquired
Cloud-based customer identity and background verification solutions
$44M
67/100
6th
Logo for TraqCheck
TraqCheck
2020, Delhi (India), Series A
Provider of AI-driven background check services with human quality control
$9.32M
66/100
7th
Logo for KarmaCheck
KarmaCheck
2019, San Francisco (United States), Series B
Cloud-based applicant tracking system for employee backround checks
$60M
64/100
8th
Logo for Veremark
Veremark
2018, London (United Kingdom), Series B
Reference checking and CV validation solutions provider
$40.4M
62/100
9th
Logo for Certn
Certn
2016, Victoria (Canada), Series B
Provider of background screening and identity verification solutions for businesses
$125M
62/100
10th
Logo for OnGrid
OnGrid
2015, Gurugram (India), Seed
Provider of backgroud verification solutions for appliacant tracking
$606K
61/100
26th
Logo for Helloverify
Helloverify
2012, Noida (India), Seed
Online platform for applicant tracking
$150K
47/100
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Financials of HelloverifyFY 25 Available

HELLO VERIFY INDIA PRIVATE LIMITED, the legal entity associated with Helloverify, generated between ₹50 Cr and ₹100 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of HELLO VERIFY INDIA PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 9% in the last 1 year.

Financial Statement Summary

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
Income Statement
Revenue
6710
2843
3560
1245
7847
Total Sales
8831
4001
4776
1802
2938
Total Expenses
9361
4248
3094
2766
7749
Operating Expenses
3387
7803
4850
8107
9684
Employee Expenses
3186
3902
1088
9016
1525
Operating Income (EBIT)
3198
4526
2744
6700
5632
Interest Expenses
9024
8447
1677
7939
4627
Expenses from other activities
2903
1563
6799
7617
2651
EBITDA
7953
2573
3560
8316
2246
Taxes
8111
6374
8715
5825
7772
Net Profit
3261
6058
5284
6239
7905
Balance Sheet
Assets
4487
5854
3502
7669
4373
Accounts Receivables
2425
9731
4184
6082
3427
Inventory
1586
4046
1611
7737
3295
Liabilities
8970
2246
1595
4424
6671
Total Debt
8465
7580
1327
7400
6935
Accounts Payable
7362
4781
1474
4417
7200
Equities
8398
9164
6083
8577
4420

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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Helloverify's Latest cap tables and shareholding

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shareholding pattern of this entity
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Helloverify's Investments and acquisitions

Helloverify has made no investments or acquisitions yet.

Reports related to Helloverify

Here is the latest report on Helloverify's sector:

News related to Helloverify

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