Digio
Digio is a Bengaluru-based RegTech company providing API-first digital trust infrastructure, including KYC, eSign, document automation, recurring payments, AML screening, and DPDPA consent management, to 2,000+ enterprise BFSI customers in India.
- Company typePrivate
- Founded2016
- HeadquartersBangalore, India
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Digio does
Digio (legal entity: Digiotech Solutions Private Limited) is a Bengaluru-based RegTech company founded in 2016 that provides digital trust infrastructure to India's financial services and enterprise sectors. Its integrated platform combines identity verification (DigiKYC), digital document management (DigiDocs), digital signing (DigiSign), recurring payment collection (DigiCollect), AML/CFT screening (DigiShield), DPDPA consent management (CoTrust), and Account Aggregation (DigioLink), orchestrated through a no-code workflow builder (DigiStudio). The platform is delivered API-first with white-labeled SDKs and serves over 2,000 enterprises including banks, NBFCs, brokers, and insurers, processing more than 100 million individual users through compliance-grade onboarding, signing, and payment workflows.
The technology stack integrates with India-specific regulatory infrastructure including UIDAI for Aadhaar eSign and authentication, CKYC/KRA registries, DigiLocker, and 15+ sponsor banks for NACH and UPI 2.0 Autopay mandates. Digio is an RBI-authorized Payment Aggregator (Certificate No. 166/2024) and holds ISO 27001, SOC 2 Type II, and CERT-In certifications. AI/ML components include computer vision for ID OCR and liveness detection, anomaly detection for AML screening, and ML-driven PII data discovery.
Digio generates revenue primarily through per-transaction API/SDK fees for KYC, signing, document processing, and payment mandates, supplemented by enterprise platform subscriptions for DigiStudio, CoTrust, and compliance suites. Pricing is quote-based and not publicly disclosed, targeting enterprise BFSI customers through direct field sales, partner integrations, and developer self-service. The company has been consistently profitable since 2017, with FY25 revenue of Rs 127 crore (~40% net margin), and is expanding internationally into West Asia and Southeast Asia.
Digio firmographics
Firmographics- Name
- Digio
- Legal name
- Digiotech Solutions private limited
- Website
- https://digio.in
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Digio is a Bengaluru-based RegTech company providing API-first digital trust infrastructure, including KYC, eSign, document automation, recurring payments, AML screening, and DPDPA consent management, to 2,000+ enterprise BFSI customers in India.
- Ownership category
- akta.pro rank
Digio industry classification
Industry- Product category
- Regulatory Technology (RegTech) - Digital Trust Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Third-Party/Vendor Risk & Due Diligence (TPRM, continuous monitoring) (FSAGAFAJ)
Keywords
Where Digio is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Digio business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- API/Transaction-based Fees: Revenue generated from API usage for KYC verification, digital signatures, document processing, and payment mandates on a per-transaction basis.
- Subscription/Platform Fees: Recurring subscription fees for enterprise platform access including DigiStudio, CoTrust, and comprehensive compliance suites.
- Payment Aggregator Services: RBI-authorized payment aggregator generating revenue from payment processing services. Certified under Certificate of Authorisation No. 166/2024.
- Consent Management Platform: CoTrust platform for DPDPA compliance generating subscription-based revenue for consent management and privacy solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise quote-based pricing |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
Digio product offering
Product offeringCore offering
Digio operates a SaaS-based RegTech platform offering an integrated suite of digital trust infrastructure products for enterprises. Its offerings span identity verification (DigiKYC), digital document management (DigiDocs), digital signatures (DigiSign), recurring payment collection (DigiCollect), AML/CFT screening (DigiShield), DPDPA consent management (CoTrust), and Account Aggregator services (DigioLink), orchestrated via a no-code workflow builder (DigiStudio). The company primarily serves 2000+ BFSI enterprises in India, including banks, NBFCs, brokers, and insurers.
Product overview
Digio operates as a SaaS-based RegTech platform offering an integrated suite of digital trust infrastructure products organized as a platform-plus-modules architecture. The core platform centers on DigiStudio, a no-code workflow builder for end-to-end onboarding orchestration, which connects six specialized product modules: DigiKYC (identity verification and KYC), DigiDocs (document automation and e-stamping), DigiSign (digital signing via Aadhaar eSign and DSC), DigiCollect (recurring NACH/UPI payment collections), DigiShield (AML/CFT screening and transaction monitoring), and CoTrust (DPDPA consent and privacy management). DigioLink provides Account Aggregator services for consented financial data sharing. The company serves 2000+ enterprises with 100+ million individual users across capital markets, lending, banking, insurance, and business process automation sectors.
Differentiator
Problem solved
Functional benefit
Brands
- DigiKYC: Comprehensive Identity and Business Verification with Enhanced Due Diligence - includes DigiLocker Integration, ID OCR Analysis, Selfie Verification, Video KYC, CKYC/KRA Submission and Fetch, Bank Account Verification, PAN Verification, Aadhaar Masking, Aadhaar Offline KYC
- DigiDocs
- DigiSign
- DigiCollect
- DigiShield
- CoTrust
- DigioLink
- DigiStudio
Products and services
- DigiKYC Comprehensive identity and business verification solution with enhanced due diligence including DigiLocker integration, ID OCR analysis, selfie verification, video KYC, CKYC/KRA submission and fetch, bank account verification, PAN verification, Aadhaar masking, Aadhaar offline KYC, and Aadhaar-based AUA/KUA authentication. Designed for banks, NBFCs, brokers, and insurers performing customer KYC at scale.
- DigiDocs All-inclusive document creation and management platform featuring FormX drag-and-drop form builder, document templatization, secured document repository with version control, folder management, and e-stamp capabilities across all Indian states. Built for enterprises automating customer-facing documentation workflows.
- DigiSign India's largest digital signing platform by volume offering Aadhaar eSign, USB-based Digital Signature Certificates (DSC), Document Signer Certificates, electronic signatures, and KYC-backed signing with multi-party workflows and contract lifecycle management. Built for regulated industries requiring legally valid digital execution.
- DigiCollect NACH-compliant recurring payment collection solution with UPI mandates, API mandates via debit card and net banking, physical mandates, mandate book, debit presentations, sponsor bank dashboard, and alternative collection mechanisms. Processed Rs 472,000 crore (~$56.7B) by value in CY 2023 with 23X YoY growth. Designed for businesses with recurring revenue models including NBFCs, HFCs, insurers, and subscription businesses.
- DigiShield AML/CFT compliant name screening and transaction monitoring solution with robust screening engine processing matches in approximately 50 milliseconds, rule orchestrator for custom compliance rules, drilled-down insights, private list support, test bed sandbox, and STR (Suspicious Transaction Report) filing capabilities. Designed for BFSI enterprises requiring ongoing sanctions, PEP, and adverse media screening.
- CoTrust DPDPA (Digital Personal Data Protection Act) consent management and privacy solution with ML-powered PII data discovery and classification, purpose-level consent capture in 22 Indian languages, ROPA (Record of Processing Activities) management, data subject request handling, and webhook-driven downstream enforcement. Designed for hospitals, financial institutions, and enterprises handling personal data.
- DigioLink Account Aggregator solution enabling consented financial data sharing between financial institutions. Provides financial information consolidation, net worth overview, financial risk assessment with early warning signs, and multi-AA gateway for optimal performance and FIP (Financial Information Provider) coverage. Designed for lenders, wealth platforms, and fintechs requiring customer-permissioned financial data.
- DigiStudio No-code business workflow builder for orchestrating end-to-end customer onboarding journeys. Features drag-and-drop reconfigurability with auto-approval mechanisms, onboarding journey traceability and analytics, and configurable business validations ensuring full regulatory compliance. Designed as the orchestration layer connecting DigiKYC, DigiSign, DigiCollect, DigiShield, and other modules.
Quantifiable outcome
- 10X scale achieved in business operations
- +6 more outcomes
Companies that use Digio
Customer profileNamed customers3 records
Segments7 records
Ideal customer profiles5 records
Digio technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration15 records
AI capability10 records
Feature11 records
Digio partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- HDFC BankcoreSponsor bank integration for e-Mandate initiation, enabling recurring payment collections through HDFC Bank's banking infrastructure.
- Yes BankcoreSponsor bank integration for e-Mandate initiation with Yes Bank, supporting digital payment mandate registration.
- Kotak Mahindra BankcoreSponsor bank integration for e-Mandate initiation through Kotak Mahindra Bank.
- Axis BankcoreSponsor bank integration for e-Mandate initiation through Axis Bank.
- ICICI BankcoreSponsor bank integration for e-Mandate initiation through ICICI Bank.
- Project ShikshaminorCSR partnership for digital literacy initiatives through Digital Shiksha Lab, bringing technology to India's classrooms.
- SaytreesminorCSR partnership for environmental sustainability including open well rejuvenation and tree plantation in Gokare Village.
- Kritagya TrustminorCSR partnership for back-to-school activities providing underprivileged children with essential tools for education (Vidya Spoorthi).
- Grama VikasminorCSR partnership for improving digital literacy for girls and enhancing academic empowerment.
- Sree Sai Krupa TrustminorCSR partnership for child education support for the poor and orphans, nurturing potential for a brighter future.
- Thayi ManeminorCSR partnership for child education support for orphans and underprivileged children.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
Digio competitors and assessment
Company assessmentDirect peers
- Signzy: Bengaluru-based digital onboarding and RegTech platform offering KYC, AML, video verification, and contract automation for BFSI. Competes head-to-head with Digio across identity verification, eSign, and workflow automation for Indian financial institutions.
- Perfios: Indian fintech data and analytics platform providing financial data aggregation, identity verification, and credit underwriting APIs. Directly comparable to Digio's DigioLink (account aggregator) and DigiKYC offerings for BFSI customers.
- IDfy: Mumbai-based identity verification and background screening platform offering KYC, video KYC, employee background checks, and AML screening. Competes directly with Digio's DigiKYC and DigiShield for Indian enterprise and BFSI customers.
- Karza Technologies: Mumbai-based KYC, AML, and due diligence data platform serving banks, NBFCs, and fintechs. Directly comparable to Digio's DigiKYC and DigiShield for fraud detection and compliance verification workflows.
- Bureau: Identity verification and fraud prevention platform serving fintechs and banks with KYC, AML, and device intelligence. Overlaps with Digio's identity verification and DigiShield AML screening capabilities.
- HyperVerge: AI-based identity verification and KYC platform serving BFSI, fintech, and consumer internet. Direct competitor to Digio's DigiKYC OCR, face match, and liveness detection capabilities.
Emerging players
- Setu: India-focused API infrastructure platform offering Account Aggregator, eSign, eNACH, and payments APIs. Comparable to Digio's DigioLink, DigiSign, and DigiCollect products with a more developer-API-first positioning.
Broad incumbents
- Onfido: Global identity verification platform serving banks and fintechs with KYC, AML, and biometric verification. Operates broadly across geographies with overlapping capabilities to Digio's DigiKYC, though primarily non-India focused.
- Razorpay: India's largest full-stack payments and banking platform offering payment gateway, payment aggregation, lending, and business banking. Overlaps with Digio's payment aggregator business and broader BFSI digital infrastructure ambitions.
Regional players
- Veriff: Estonia-based global identity verification platform offering KYC and AML solutions across multiple geographies. Comparable technology stack to DigiKYC, though primarily serving European and Americas markets rather than India.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Digio social profiles
Digital presenceDigio compliance and trust
Trust signalCompliance5 records
Digio financial estimates
Financial estimateRevenue estimate
Valuation estimate
Digio leadership team
Management profileNumber of profiles
Profiles2 records
Digio funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Digio M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Digio
What does Digio do?
Digio operates a SaaS-based RegTech platform offering an integrated suite of digital trust infrastructure products for enterprises. Its offerings span identity verification (DigiKYC), digital document management (DigiDocs), digital signatures (DigiSign), recurring payment collection (DigiCollect), AML/CFT screening (DigiShield), DPDPA consent management (CoTrust), and Account Aggregator services (DigioLink), orchestrated via a no-code workflow builder (DigiStudio). The company primarily serves 2000+ BFSI enterprises in India, including banks, NBFCs, brokers, and insurers.
Is Digio a public or private company?
Digio is a private company. It is classified as venture growth investor backed and is currently operating.
When was Digio founded?
Digio was founded in 2016. It employs 11 to 50 people.
Where is Digio based?
Digio is headquartered in Bangalore, India, in the Asia region.
How does Digio make money?
Four revenue lines are on record. API/Transaction-based Fees are the primary driver. The others are subscription/Platform Fees, payment Aggregator Services and consent Management Platform.
Who are Digio's main competitors?
Direct peers on record are Signzy, Perfios, IDfy, Karza Technologies, Bureau and HyperVerge. Setu is listed as an emerging player. Broad incumbents are Onfido and Razorpay. Veriff is listed as a regional player.
Does Digio have an API?
Yes. Digio offers APIs and SDKs for web and mobile integration. The platform provides Plug-n-Play APIs and SDKs for mobile and web that are white-labeled and developer-friendly. APIs support various functions including KYC verification, digital signing, mandate registration, and consent management. The documentation is available at https://documentation.digio.in/ with playground/testing environments mentioned. Developer documentation is at documentation.digio.in.
What industry is Digio in?
Digio's product category is Regulatory Technology (RegTech) - Digital Trust Infrastructure. Its primary akta.pro industry code is FSAGAFAJ, Third-Party/Vendor Risk & Due Diligence (TPRM, continuous monitoring). Its NAICS code is 522320 and its SIC code is 6199.