Perfios vs Active.ai

Perfios has a disclosed valuation of $1B, while Active.ai's valuation is not publicly available, making a direct size comparison difficult. Perfios employs 500+ people.

Perfios has raised more in total funding at $229M, compared to Active.ai's $11M — a gap of $218M.

Perfios holds the higher Awaira Score at 90/100, compared to Active.ai's 50/100. The Awaira Score is a composite metric factoring in valuation, funding, stage, team size, and market presence — a 40-point gap that reflects meaningful differences in scale or traction.

Perfios was founded by V R Govindarajan in 2008. Active.ai was founded by Ravi Shankar in 2016. Visit each company's profile on Awaira for a full founder biography.

Perfios: Perfios is a financial data aggregation and analytics platform that connects lenders, banks, and insurers with real-time financial data from bank statements, income tax returns, and account aggregator networks, enabling automated credit underwriting, fraud detection, and financial health assessment for retail and MSME lending. The platform processes tens of millions of financial data requests annually for a customer base spanning major banks, NBFCs, and fintech lenders.\n\nThe company raised approximately $229M in funding, achieving unicorn status, and has expanded beyond India into markets in Southeast Asia and the Middle East. Perfios serves over 900 financial institutions and has integrated with India's Account Aggregator framework, positioning itself as critical infrastructure for the country's open banking ecosystem.\n\nPerfios occupies a strategically valuable position in India's credit infrastructure — nearly every significant lender in the country uses its data analytics capabilities for loan decisioning. This embedded position across the lending stack creates strong network effects and switching costs that compound as the Indian credit market continues its rapid expansion. Active.ai: Active.ai builds conversational AI solutions specifically for retail banking and financial services, enabling banks to deploy intelligent virtual assistants for account inquiries, transaction analysis, loan servicing, and customer onboarding through mobile and messaging channels. The platform is designed to integrate with core banking systems and comply with financial services regulations across multiple jurisdictions.\n\nThe company raised approximately $11M in Series A funding and counts regional banks, cooperative financial institutions, and digital neobanks among its customers in India and Southeast Asia. Active.ai's banking-specific NLP models are trained on financial domain terminology, reducing hallucination risk in regulated customer-facing interactions.\n\nThe digital banking transformation in India, accelerated by UPI and the JAM trinity, has created strong demand for AI-assisted banking interfaces that can serve the next 300 million users entering the formal financial system. Active.ai's banking-native design positions it as a credible alternative to expensive custom development or generic chatbot platforms that require extensive financial domain customization.

Perfios was founded first in 2008, giving it 8 years of additional market experience. Active.ai was founded later in 2016. In AI, even a year or two of head start can translate into significantly more training data, customer relationships, and institutional knowledge.

Perfios has approximately 500+ employees, while Active.ai has approximately 50-200. A larger team often signals higher revenue or venture backing, but in AI, smaller teams are increasingly capable of building at scale.

Yes, Perfios and Active.ai are direct competitors — both operate in the AI Finance space and likely target overlapping customer segments. This comparison is especially relevant for buyers evaluating both platforms.