Perfios vs Sardine AI

By valuation, Perfios is the larger company at $1B versus $660M — a 1.5x difference. Size can also be measured by team: Perfios employs 500+ people while Sardine AI has 150 employees.

Perfios has raised more in total funding at $229M, compared to Sardine AI's $145M — a gap of $84M. Combined, the two companies have completed 3 known funding rounds.

Perfios holds the higher Awaira Score at 90/100, compared to Sardine AI's 63/100. The Awaira Score is a composite metric factoring in valuation, funding, stage, team size, and market presence — a 27-point gap that reflects meaningful differences in scale or traction.

Perfios was founded by V R Govindarajan in 2008. Sardine AI was founded by Soups Ranjan in 2020. 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. Sardine AI: Sardine AI is a fraud detection and prevention platform founded in 2020 that uses artificial intelligence and machine learning to identify and mitigate financial fraud in real time. The company operates in the AI Finance category, providing risk intelligence solutions primarily for financial services, fintech, and payment companies. Sardine's core technology leverages behavioral biometrics, device intelligence, and transaction analysis to detect fraudulent activities across digital channels including mobile and web platforms. The platform integrates with payment processors and financial institutions to monitor transactions and user behavior patterns, flagging suspicious activities before fraud occurs. Sardine has secured $145M in total funding and achieved a valuation of $700M as of its Series C funding round, indicating significant investor confidence in its market opportunity. The company competes within the crowded fraud prevention landscape against established players and emerging fintech security solutions. Sardine's approach combines rule-based systems with machine learning models to adapt to evolving fraud tactics. The company serves financial institutions, payment networks, and digital banks seeking to reduce fraud losses while maintaining user experience. Notable adoption includes implementations across multiple major financial services organizations, though specific customer counts remain undisclosed. Sardine's growth trajectory reflects broader demand for AI-driven fraud prevention as digital transactions and sophisticated fraud schemes proliferate globally. Sardine AI combines behavioral biometrics with transaction intelligence to deliver real-time fraud detection specifically optimized for fintech and digital banking environments.

Perfios was founded first in 2008, giving it 12 years of additional market experience. Sardine AI was founded later in 2020. 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 Sardine AI has approximately 150. 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 Sardine 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.