Startup Due Diligence in Mumbai Central

Quick answer: Virtual Auditor carries out financial, tax, secretarial and FEMA due diligence on start-ups in Mumbai Central 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.

Mumbai Central: the local picture for Startup Due Diligence

Mumbai Central is the Mumbai Central area around the railway terminus and Bellasis Road. Mumbai Central lies in Mumbai City district, Maharashtra. Its business mix is typical of a trading and wholesale area. Nearby areas we also serve include Tardeo, Byculla, Grant Road and Cumballa Hill. We serve clients in Mumbai Central from our Mumbai office at Workafella, Goregaon West. D2C and trading start-ups here usually have GST and marketplace-reconciliation issues that affect reported revenue. Companies with a registered office in Mumbai Central 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.

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.

What else do investors ask for?

Ownership of intellectual property (assignments from founders and employees), key contracts and change-of-control clauses, labour and payroll compliance, and handling of personal data under the Digital Personal Data Protection Act, 2023. DPIIT recognition and eligibility for the start-up profit deduction are also checked.

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 Mumbai Central

• Red-flag report ranked by risk
• Cap-table reconciliation with MCA filings
• Tax and FEMA exposure summary

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

*Prices are indicative and exclude government fees and taxes. Actual fees depend on scope and complexity; contact us for a fixed quote.

Engagement terms — reviewed 25 October 2026

• Fee: From ₹75,000 + 18% GST, fixed against the agreed scope (financial, tax, secretarial, FEMA).
• Extra / not included: Legal due diligence and technical/commercial diligence are outside scope unless agreed.
• Turnaround: 15 working days from receipt of complete information and the advance payment.
• Who signs: The certificate is signed by V. Viswanathan FCA or another qualified Chartered Accountant of the practice, depending on the engagement.
• Entity: Engagement letter and invoice are issued by Virtual Auditor Private Limited.
• What to send first: Send the data-room index, term sheet or LOI, last three years' audited accounts, and the statutory registers.
• Next step: Send your enquiry on WhatsApp to +91 99622 60333; we confirm the scope, fee and timeline in writing before work starts.