The analysts at Regtechtimes, have collective experience of more than 50 years of conducting due diligence on subject companies and individuals in India. This experience has produced a truly refined research methodology that ensures our reports to produce the X factor that the client is looking at.
Challenges with Due Diligence in India
It is important to consider some of the challenges India presents to due diligence practitioners. Thus, without India specific expertise, your research may miss important information.
Some key challenges include:
- There are over dozens of regulators and the tax authorities, which publish different data at different time. One of the major challenge that a due diligence practitioner is likely to face in India is to identify the different sources for collecting Information.
- It is risky to rely upon Western database aggregators for database searches on Indian companies or Individuals. Indian Individuals uncovered that reported in English press or sanction lists. Therefore, What uncovered are the bulk of enforcement actions that reported in local languages using the Indian names.
- Moreover, we have a complicated Indian political system. Its virtually drove by Indian Business. It becomes essential to understand the reach of the person you are searching for. No Public domain information is sufficient to show you the reach of the person in politics and various businesses. The nexus builder algorithm of Biznexxus helps the due diligence practitioners in understanding the Indian subject better.
Solutions for conducting the Due Diligence in India
Additionally, while Indian company registry information is embedded in our InstaReports, we also offer Enhanced Due Diligence Reports which is the detailed version of the Instareports, which combines enforcement actions, regulatory actions, money laundering information and the nexus with the politicians in addition to Indian company registration information with the same suite of database driven searches.
While this is not instant service, these reports are available within 2-3 business days
