OnGrid - About the company
OnGrid is a seed company based in Gurugram (India), founded in 2015 by Piyush Peshwani and Akshay Gupta. It operates as a Provider of backgroud verification solutions for appliacant tracking. OnGrid has raised $441K in funding, with a current valuation of ₹*****. The company has 1396 active competitors, including 220 funded and 144 that have exited. Its top competitors include companies like Checkr, Idfy and IDnow.
Company Details
Provider of background verification solutions for applicant tracking. The product modules include white and blue collar verification and vendor due diligence. It lists blue-collar workers connected identity numbers and details about ID, residence, phone number, occupation, abilities, ratings, and other details. In addition to posting reviews about experts, it lets candidates submit details with permission. It offers a digital locker where candidates credentials can be added and locked. It also offers solutions for criminal verification, employment verification, education verification address verification and more. The offering sectors include recruitment, manufacturing, healthcare, retail, finance, banking, etc.
- Website
- ongrid.in
- Social
- Email ID
- *****@ongrid.in, *****@ongrid.in
- Phone Number
- +91 **********
- Registered Address
- D2-12A02PH, Parsvnath Exotica, Sec-53, Golf Course Road, Gurgaon, Gurgaon, Gurgaon, Haryana, India, 122011
Key Metrics
Founded Year
2015
Location
Gurugram, India
Stage
Seed
Total Funding
$441K in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jul 09, 2015
Investors
Ranked
46th among 1396 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
413 as on Aug 31, 2025
Legal entities associated with OnGrid
OnGrid is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
HANDY ONLINE SOLUTIONS PRIVATE LIMITED CIN: U72501HR2015PTC123471 , India, Active | May 01, 2015 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 442 (As on May 01, 2026) |
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OnGrid's funding and investors
OnGrid has raised a total funding of $441K over 2 rounds. Its first funding round was on Jul 09, 2015. Its latest funding round was a Seed round on Mar 2024 for $*****. 1 investor participated in its latest round. OnGrid has 3 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of OnGrid:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 2024 | 6079524 | Seed | 1023512 | 3377567 | 8548903 | 2785151 |
Jul 09, 2015 | 7731962 | Seed | 3151269 | 5321326 | 3105890 |
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OnGrid's founders and board of directors
Founder? Claim ProfileHere are the details of OnGrid's key team members:
- Piyush Peshwani: Co-Founder & CEO of OnGrid and founder of 3 other companies, Gridlines, eLockr and Helpi. They are also an angel investor in 1 startup and serve on the boards of 3 companies.Contact Info: 1 email address and 1 phone number
- Akshay Gupta: Former Co-Founder of OnGrid and founder of 1 other company. They are also an angel investor in 10 startups.Contact Info: 1 email address
OnGrid's Board of Directors
OnGrid's board has 2 active members. Piyush Peshwani and Vineet Bansal are part of team.Here is the list of OnGrid's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 2m | |
Team | - | Current | 11y 3m | |
{q{itgx | Team | - | Past | 2y 9m |
View details of OnGrid's Founder profiles and Board Members
OnGrid's employee count trend
OnGrid has 413 employees as of Aug 25. The total employee count is 17.0% more than what it was in Aug 24. Here is OnGrid's employee count trend over the years:
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OnGrid's Competitors and alternates
Top competitors of OnGrid include Checkr, Idfy and IDnow. Here is the list of Top 10 competitors of OnGrid, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Checkr 2014, San Francisco (United States), Series E | Provider of background checks, identity verification, and compliance management solutions | $680M | 76/100 | |
2nd | Provider of a platform for identity verification and risk management | $62.7M | 75/100 | ||
3rd | Provider of automated and expert-led identity verification and digital trust services | $40M | 75/100 | ||
4th | M2P Fintech 2014, Chennai (India), Series D | Provider of APIs enabling banking, lending, and payment financial services | $188M | 74/100 | |
5th |  Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $196M | 73/100 | |
6th |  Yoti 2014, London (United Kingdom), Series B | Provider of privacy-focused identity and age solutions | $210M | 71/100 | |
7th | Cloud based KYC and AML management software | $181M | 70/100 | ||
8th | NICE Actimize 1999, Hoboken (United States), Acquired | Provider of AI-driven anti-money laundering and fraud detection solutions | $24M | 70/100 | |
9th | Provider of digital solutions for KYC, document management, and digital signatures | $11.9M | 69/100 | ||
10th | Provider of automated software for corporate identity and compliance verification | $203M | 69/100 | ||
46th | Provider of backgroud verification solutions for appliacant tracking | $441K | 60/100 |
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OnGrid's Latest cap tables and shareholding
Founders (largest shareholder) own 84.74% and Funds own 15.25%. The net worth of OnGrid's founders is INR 15.8Cr as of Jul 09, 2015.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 84.74% | 15.8Cr | 8487281 | 6025649 | 6417337 | 7332005 |
Fund | 15.25% | 2.85Cr | 8790250 | 3046723 | 6068502 | 5312094 |
Total | 99.99% | 18.7Cr | 2018771 | 7669007 | 9331500 | 6573698 |
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DisclaimerView more details of OnGrid's Shareholding
OnGrid's Investments and acquisitions
OnGrid has made 1 investments in companies including Ziffi Chess. OnGrid has also acquired 3 companies including Ancora and Reczee.Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 24, 2026 | Acquisition | 2017 | Gurugram (India) | |
Feb 05, 2026 | Acquisition | 2022 | Bengaluru (India) | |
Sep 11, 2024 | Acquisition | 2019 | Broomfield (United States) |
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Reports related to OnGrid
Here is the latest report on OnGrid's sector:
News related to OnGrid
Media has covered OnGrid for a total of 3 events in the last 1 year.
•
•
Swageazy Raises Rs 5.4 Cr Follow-On Round Led by Info Edge VenturesEntrackr•Apr 09, 2026•Swageazy, Info Edge, HROne, OnGrid and 1 other
•
OnGrid Acquires Reczee to Bring AI-Driven Recruitment and Verification TogetherThe Tribune•Feb 05, 2026•Reczee, OnGrid
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