Startup Due Diligence in Malvani, Mumbai
Last updated: 15 Oct 2026
Quick Answer: Virtual Auditor carries out financial, tax, secretarial and FEMA due diligence on start-ups in Malvani, Mumbai for investors, acquirers and founders preparing for a round, from our Mumbai office at Workafella, Goregaon West. Findings are ranked by risk with the fix for each.
Malvani: the local picture for Startup Due Diligence
Malvani lies in Mumbai Suburban district, Maharashtra. Its business mix is typical of a residential neighbourhood with shops, clinics and home-based businesses. Nearby areas we also serve include Kandivali West, Malad West, Malad East and Kandivali East. We serve clients in Malvani from our Mumbai office at Workafella, Goregaon West. Very early-stage companies here mostly need their cap table, founder agreements and ESOP paperwork put in order before the first round. Companies with a registered office in Malvani come under the Registrar of Companies, Mumbai (Mumbai-I), for Mumbai City and Mumbai Suburban districts. FEMA reports are filed on the RBI's FIRMS portal through your authorised dealer bank; compounding applications go to the jurisdictional RBI regional office.
What is start-up due diligence?
Due diligence is the investigation an investor or buyer carries out before committing money. A founder-commissioned review before a round finds the same issues earlier, while they can still be fixed cheaply.
What do we review?
Financial: quality of revenue and margins, cash burn, working capital and unrecorded liabilities. Tax: TDS, GST and income-tax positions, including exposure on share premium received in years before the angel-tax provision stopped applying from assessment year 2025-26. Secretarial: whether the cap table matches the PAS-3, SH-7 and MGT-7 filings, and whether the ESOP scheme follows Rule 12 of the share-capital rules.
Why FEMA matters in start-up deals
Every earlier foreign investment needed a fair-value pricing certificate and an FC-GPR within 30 days; transfers needed FC-TRS. Gaps are common and are regularised with late-submission fees or compounding before the new investor's money comes in. We also check downstream investment and any investor from a land-border country.
Full details of start-up due diligence, including the law, the process and our method: https://virtualauditor.in/startup-due-diligence-chartered-accountant
What you get from Virtual Auditor in Malvani
- Cap-table reconciliation with MCA filings
- Tax and FEMA exposure summary
- Conditions precedent and subsequent for the term sheet
Documents to keep ready
- Cap table, SHA/SSA and ESOP scheme
- MCA filings and statutory registers
- GST, TDS and income-tax returns
Indicative Fee Structure
| Service | Fee |
|---|---|
| Startup due diligence | From ₹50,000 |
| Consultation | Complimentary 30 minutes |
*Prices are indicative and exclude government fees and taxes. Actual fees depend on scope and complexity; contact us for a fixed quote.
Frequently Asked Questions
What are the most common red flags?
Missing FEMA filings, cap tables that do not match MCA records, unassigned IP and undocumented ESOP grants.
Is angel tax still a risk?
Not for share issues from assessment year 2025-26 onward, but issues in earlier years can still be assessed under the old provision.
Which offices deal with start-up due diligence for a business in Malvani?
Companies with a registered office in Malvani come under the Registrar of Companies, Mumbai (Mumbai-I), for Mumbai City and Mumbai Suburban districts. FEMA reports are filed on the RBI's FIRMS portal through your authorised dealer bank; compounding applications go to the jurisdictional RBI regional office.
Do you also handle start-up due diligence for businesses near Malvani?
Yes. We also work with businesses in Kandivali West, Malad West, Malad East, Kandivali East and Goregaon East and elsewhere in Mumbai, on the same terms and online.
Do I need to visit your office from Malvani?
No. We serve Malvani from our Mumbai office at Workafella, Goregaon West. Documents are shared securely online, filings are signed with a digital signature, and meetings are by video or at our office by appointment. Call +91 99622 60333 or email support@virtualauditor.in.