Startup Due Diligence in Sewri, Mumbai
Last updated: 15 Oct 2026
Quick Answer: Virtual Auditor carries out financial, tax, secretarial and FEMA due diligence on start-ups in Sewri, 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.
Sewri: the local picture for Startup Due Diligence
This page covers Sewri, on the eastern waterfront at the Mumbai end of the Atal Setu sea link. Sewri lies in Mumbai City district, Maharashtra. Its business mix is typical of a transport, warehousing and logistics area. Nearby areas we also serve include Kalachowki, Parel, Dadar East and Wadala. We serve clients in Sewri from our Mumbai office at Workafella, Goregaon West. Logistics start-ups here need checks on fleet ownership, lease liabilities and contractor compliance. Companies with a registered office in Sewri 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.
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 Sewri
- Tax and FEMA exposure summary
- Conditions precedent and subsequent for the term sheet
- Clean-up plan for founders
Documents to keep ready
- Key customer, vendor and employment contracts
- Financial statements, management accounts and bank statements
- Cap table, SHA/SSA and ESOP scheme
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 Sewri?
Companies with a registered office in Sewri 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 Sewri?
Yes. We also work with businesses in Kalachowki, Parel, Dadar East, Wadala and Lower Parel and elsewhere in Mumbai, on the same terms and online.
Do I need to visit your office from Sewri?
No. We serve Sewri 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.