India Commercial Intelligence & Vendor Risk Advisory

Helping Global Businesses
Navigate India Safely.

Independent India-focused commercial intelligence, vendor verification, due diligence, and supplier risk advisory for international businesses.

India Offers Opportunity.
It Also Carries Counterparty Risk.

Beyond the surface of glossy company profiles, foreign buyers and investors face a complex web of undeclared linkages, fabricated capacity, and reputational exposure. A measured, on-the-ground intelligence layer is no longer optional.

Fake suppliers

Trading shells posing as manufacturers, recycled GST registrations and proxy facades.

Shell companies

Dormant entities reused for export quoting, advance collection, and tax positioning.

Inflated turnover

Group invoicing, circular billing and overstated capacities to win foreign orders.

Hidden litigation

Pending suits, NCLT actions, criminal complaints not surfaced in cursory checks.

Staged factories

Rented machinery, borrowed labour and curated audits during foreign visits.

Weak compliance

Lapsed licences, outdated approvals, ignored statutory filings and audit qualifications.

ESG concerns

Labour rights, environmental non-conformities and bribery exposure in the supply chain.

Politically exposed links

Undisclosed political proximity, sanctions adjacency, and adverse media patterns.

Payment reputation

Histories of delayed payments, disputes, partial deliveries and refund avoidance.

Related-party vendors

Hidden common ownership across "competing" Indian vendors quoting the same buyer.

A Full India Counterparty Intelligence Stack

Each engagement is calibrated to international standards of evidence, discretion, and executive-grade reporting. Below is the spectrum of work we deliver across India.

01

India Supplier Verification

Verify Indian suppliers, exporters, manufacturers, distributors, and vendors before onboarding — identity, registration, banking, and operating credibility.

02

Factory & Site Verification

Confirm operational existence, workforce, infrastructure, inventory, and production credibility through on-the-ground visits.

03

Promoter & Director Intelligence

Background intelligence on Indian promoters, directors, shareholders, and key decision-makers — including litigation, networks, and reputation.

04

Distributor & Partner Due Diligence

Validate Indian distributors, JV partners, agents, and commercial intermediaries before contractual or financial commitment.

05

Market Reputation Intelligence

Discreet source-led feedback on payment reputation, business conduct, and market standing across industry peers and counterparties.

06

ESG & Ethical Risk Checks

Identify labour, environmental, bribery, sanctions, and ethical sourcing risks in line with international supplier governance standards.

07

Litigation & Regulatory Risk Review

Review court cases, insolvency records, regulatory issues, and adverse media across central and state jurisdictions.

08

Asset Tracing & Linkage Mapping

Identify business linkages, related entities, hidden interests, and financial exposure across the Indian promoter ecosystem.

Not Just Data. Local Intelligence.

Most international clients have already tried database-led verification firms — and discovered their limits the hard way. Our work begins where datasets end.

Generic Verification Firms

  • Database checks
  • Generic reports
  • Surface-level findings
  • Little local context
  • No discreet source feedback

Shrimad India Commercial Intelligence

  • Human intelligence
  • Local market source network
  • Executive risk interpretation
  • India-specific insight
  • Actionable conclusions
  • Confidential advisory

A Disciplined Four-Step Engagement

  1. 01

    Submit Indian counterparty details

    Share the entity name, registration ID, location, and engagement context through a secure intake.

  2. 02

    Digital, regulatory & human intelligence

    We conduct database, registry, litigation, media, and discreet on-ground source checks.

  3. 03

    Risk findings are analysed

    Findings are interpreted by senior analysts — not auto-generated — with India market context.

  4. 04

    Executive-grade risk report

    You receive a clear, board-ready report with risk rating and recommended actions.

Sector-Aware India Intelligence

From regulated manufacturing to global private capital, our work is tailored to the realities of each sector.

Manufacturing
Pharma
Chemicals
Textiles
Engineering Goods
Electronics
Infrastructure
Logistics
Financial Services
Private Equity
Family Offices
Import / Export

Transparent Engagement Tiers

Transparent engagement tiers. Invoices are raised on engagement confirmation. All amounts in USD.

Starter Verification

USD750

Onboarding-grade check

  • Basic vendor verification
  • MCA / GST review
  • Litigation scan
  • Adverse media check
  • Executive summary
Most Requested

Enhanced Intelligence

USD1,500

Reputation + promoter depth

  • Everything in Starter
  • Market reputation check
  • Director / promoter review
  • Risk scoring
  • Source-led observations

Premium Due Diligence

USD3,500+

Board-grade investigation

  • Full commercial due diligence
  • Site / factory verification
  • Promoter intelligence
  • Market intelligence
  • Detailed executive report

All amounts in USD. Invoices are raised directly by the engagement partner; secure online payment is enabled at engagement confirmation.

An Executive Glimpse Into Our Output

Illustrative only. Real reports are confidential, jurisdiction-specific, and shared only with the engaging client.

Counterparty File · Confidential

Vyas Polymers & Exports Pvt. Ltd.

Gujarat, India · Specialty Polymers · Registered 2017
Risk Score Elevated Risk
Verification Status
  • Legal IdentityConfirmed
  • Operating AddressMismatch
  • GST & Tax FilingsActive
  • Banking ChannelRecently Changed
Key Red Flags
  • Two related-party suppliers quoting the same foreign buyer
  • Pending litigation: civil suit, INR 2.4Cr commercial dispute
  • Director linked to dissolved entity in adjacent sector
  • Workforce on-ground 38% lower than declared capacity
Executive Conclusion

Entity is operationally real but reflects inflated capacity, unstable banking behaviour, and undisclosed group linkages. Reputation feedback from three independent market sources is mixed on payment conduct.

Recommended Action

Proceed only with secured payment terms, capped first-order exposure, and a follow-up factory re-verification at 90 days. Do not extend open credit until banking and capacity inconsistencies are resolved.

Anonymised Engagement Insights

Three illustrative examples of where independent India intelligence changed the outcome.

Case 01

Fake supplier detected before advance payment

A European importer was hours away from wiring a 30% advance to an "exporter" in Western India. Source-led verification revealed a rented address, recycled GSTIN, and a director already linked to two abandoned shells. Transaction halted.

Case 02

Inflated manufacturing capacity identified

A North American buyer was promised 4× capacity by a Tier-2 Indian supplier. Quiet site verification recorded only one functional line and borrowed CNC equipment on the audit day. Order downsized; backup vendor onboarded.

Case 03

Hidden litigation discovered before distributor appointment

An EU brand was about to appoint a national distributor. Cross-jurisdiction litigation review surfaced three pending commercial suits and an NCLT petition against a related entity sharing the same promoters. Appointment deferred.

Confidential, Discreet,
and Conflict-Sensitive.

Our work is governed by strict information protocols. We act in the interest of one client at a time in any engagement, and never disclose the identity of subjects, sources, or sponsors.

  • NDA-friendly process
  • Confidential handling of every file
  • No unnecessary disclosure to third parties
  • Source protection at all times
  • Executive-only reporting channels

Frequently Asked Questions

Can you verify any company in India?

Yes — we cover registered Indian entities across all states and union territories, including private limited companies, LLPs, partnerships, and proprietorships, subject to a lawful, conflict-free engagement scope.

Do you conduct physical site visits?

Yes. Discreet factory and site verification visits are conducted by trained field analysts across major and Tier-2/3 Indian industrial clusters.

Can foreign clients pay online?

Yes. Invoices are raised in USD on engagement confirmation, and we accept payment via bank wire (SWIFT) as well as online cards. Online checkout is enabled selectively on confirmed engagements.

How long does a verification take?

Starter checks typically conclude in 3–5 business days. Enhanced intelligence: 7–10 days. Premium due diligence and factory verifications: 10–20 days depending on jurisdiction and scope.

Can reports be used for internal compliance?

Yes. Reports are structured for use by procurement, legal, compliance, internal audit and investment committees, and are referenced in client risk and onboarding files.

Do you work with law firms and investment firms?

Yes. We regularly support foreign law firms, accounting firms, PE funds, family offices and trade advisors as an independent India intelligence layer.

Request a Confidential Consultation

Share the counterparty or engagement context. A senior analyst will respond within one business day.