10 Best KYB Verification Platforms in India – 2026 Guide

Picking a KYB platform for your business feels a bit like choosing a payment gateway did five years ago. Everyone says theirs works great, the feature lists all look similar, and you won't really know if you made the right call until you're three months into implementation.

Here's what actually matters, though. If you're verifying Indian businesses, you need something that performs GST, PAN, and CIN checks to prove whether a company is real and compliant. That's the bare minimum. Beyond that, you're looking at how fast you can get up and running, whether the pricing makes sense as you scale, and if the platform grows with you or forces a painful migration later.

We've looked at 10 platforms that handle KYB in India. Some are built here and understand local compliance deeply. Others are global players bringing institutional credibility and worldwide coverage. A few specialize in particular areas like AML screening or fraud detection.

So let's walk through what each platform does well, who it's built for, and how to think about which one actually solves your problem rather than just checking feature boxes.

Summary of the 10 best KYB verification solutions in India

• Signzy delivers what Indian businesses actually need: verification that works for both local compliance and global expansion. The platform covers 180+ countries and enables complete automation instead of manual workarounds.
• Global platforms like Sumsub and Ondato offer broad geographic reach but lack local depth. Sumsub covers 180+ countries with extensive shareholder records, while Ondato claims high accuracy but faces user experience concerns during verification steps.
• Indian-focused platforms like IDfy and HyperVerge bring local market expertise. IDfy operates since 2011, while HyperVerge achieves high accuracy specifically for Indian documents but lacks international expansion capabilities.
• Specialized platforms target specific use cases rather than comprehensive KYB. ComplyAdvantage leads in AML monitoring, AuthBridge focuses on director background screening, and Perfios specializes in financial data analysis for lending decisions.
• Platforms like Shufti Pro support crypto and gaming sectors with multilingual capabilities, while Surepass targets startups with bundled services but faces integration complexity challenges.

What is a KYB verification solution?

A KYB (Know Your Business) verification solution validates the legitimacy, ownership structure, and compliance status of business entities. It's essentially KYC, but applied to businesses rather than individual customers.

Also, if you are new to the subject, we’ve covered all the fundamentals you need to know in this article: What is KYB verification and why it is important?.

And if you already have working knowledge of KYB, let's move ahead.

These tools automate checking corporate registries, identifying Ultimate Beneficial Owners, screening sanctions lists, and validating documents to help companies comply with AML regulations and prevent fraud while reducing verification time from weeks to minutes.

How are these best Indian KYB verification tools picked?

These KYB verification tools were selected on the basis of market presence, user feedback, and India-specific capabilities. Here are three

🇮🇳 India Market Fit: Local compliance understanding (GST, PAN, Udyam, etc), and proven customer base among Indian financial institutions determined rankings and suitability.

⭐ Verified User Feedback: Real user experiences from G2, Gartner, Capterra, and TrustRadius regarding accuracy, reliability, support quality, and implementation challenges shaped practical assessments beyond marketing claims.

🔧 Feature Depth vs. Cost: Comprehensive KYB capabilities (UBO identification, registry access, sanctions screening, automation), balanced against pricing accessibility for startups through enterprises, influenced final recommendations.

With that said, let's explore the best KYB verification tools available in India, starting with the clear market leader.

Ranking 10 Best KYB Verification Tools in India: Overview, KYB Features, and More

You can skip ahead if you already know what you need, but this quick reference table shows how these platforms stack up against each other.

#1. Signzy

Signzy has become the reference point for KYB automation in India because it solves the difficult parts well: document variability, scale, auditability, and speed. The platform now supports more than 600 financial institutions, including 10+ Fortune 30 enterprises, and has verified 160 million+ businesses to date with 97% API accuracy.

For India specifically, Signzy is used across the entire financial ecosystem, powering verification for SBI, ICICI, and Axis Bank while also supporting high-growth and regulated platforms.

“Our last verification vendor looked good in demos but fell apart once we started onboarding real businesses with incomplete records. 40% of cases froze for 3-5 days with no explanation, and our loan pipeline stalled. Moving to Signzy felt like a reset. The automations now hold up, and our team isn't babysitting cases anymore. We finally moved forward. Really grateful to have them on board" — Founder / CEO, SME-focused Lender (200+ employees)

Most importantly, unlike many legacy compliance tools, the setup doesn’t require months of engineering time or specialist staff. Teams can start with KYB, add KYC and AML, and scale into new markets without rebuilding workflows from scratch.

That balance of performance, cost efficiency, and adaptability is why Signzy is now used by fast-growing and established institutions.

"Support tickets related to verification used to be a daily headache. We were handling 120+ tickets weekly, most of them 'why was I rejected?' or 'what's missing?'. After Signzy, approvals became clearer, and when something fails, the feedback is specific. We saw tickets drop to under 30 within the first month, and onboarding complaints almost disappeared." — Customer Support Manager, Enterprise Fintech (500+ employees)

Signzy for KYB verification: Capabilities and considerations

🤖 AI-Powered Document Processing: AI engine reads and validates Indian business documents like GST certificates, Udyam registrations, and partnership deeds, extracting data in real time while flagging discrepancies automatically without manual comparison.

🇮🇳 Built in India, for Indian Compliance First: Developed in Bengaluru with Indian regulatory requirements as foundation. The platform helps with GST, PAN, and MSME checks. RBI-compliant for Video KYC, understands Indian corporate structures, and updates when regulations change.

👥 UBO Verification: Automated registry lookups trace ownership chains through multiple layers, including parent companies, holding structures, and nominee arrangements, surfacing actual individuals who control the business with clear audit trails showing ownership calculation.

💳 Pay-As-You-Use Pricing Model: No annual commitments or volume projections. Pay only for the verifications you run. A modular setup means paying for specific verification types needed, like basic business checks, UBO, or sanctions screening, not bundled packages with unused features.

🏆 Industry Recognition and Market Position: Featured in Gartner Market Guide for KYC Platforms for Banking as the only Indian company. Ranked 11th globally by Everest Group in Financial Crime and Compliance Technology Providers 2025. SOC 2 Type II certified, ISO 27001 compliant.

🌍 Global Scalability Without Compromise: Coverage spans 180+ countries with 340+ verification APIs. Processes documents in multiple languages, understands regional corporate structures, and connects to local business registries. Same implementation handles international expansion without provider migration or system changes.

"With Signzy, we built one workflow and updated logic every time we expanded on a new region instead of rewriting everything. This saved weeks of engineering effort and avoided a second integration." — Co-Founder & CTO, Fintech (200+ employees)

⚡ High-Volume Performance: Infrastructure maintains quick response times during peak loads. Processes verifications for platforms onboarding thousands of businesses daily. 99.9% API uptime with built-in redundancy ensures verification workflows continue functioning during traffic spikes or system loads.

Best for: Any Indian business verifying other companies. Particularly strong for fintechs, banks, and NBFCs needing rapid deployment and budget-friendly pricing that scales from startup to enterprise. For the ones looking for AI-driven and completely automated workflows, there’s probably no match for Signzy.

#2. Sumsub

Serving 4,000+ clients, including major crypto exchanges and payment platforms, Sumsub offers what they call a six-in-one KYB solution.

With 500 million commercial records and 345 million shareholder records at its fingertips, Sumsub excels at global coverage rather than India-specific depth. However, the platform's performance doesn't always match its promises. Some users find that verification timelines stretch beyond expectations, with one noting:

"It says verification review is just 2 minutes; in fact, it takes forever."

This gap between advertised speed and actual delivery can impact businesses where quick verification directly affects conversion rates.

Sumsub for KYB verification: Capabilities and considerations

🏢 Registry Lookups: Connects directly to commercial registries worldwide, pulling incorporation details, legal status, and corporate structures.

👥 Complex Ownership Tracing: Navigates multi-layer corporate structures across jurisdictions to identify UBOs. Automatically calculates ownership percentages and control mechanisms beyond simple shareholding.

🎨 Visual Workflow Designer: Build multi-country verification flows without coding. Set jurisdiction-specific requirements, create risk-based conditional logic, and brand the verification interface to match your company.

Best for: Companies operating across multiple countries needing consistent verification quality. Strong fit for crypto, international payments, and trading platforms. Less ideal for India-only startups, given premium pricing and limited local depth.

#3. IDfy

IDfy holds the longest track record among Indian verification providers, operating since 2011. The platform extends beyond basic KYB to include employee background checks and comprehensive due diligence. This broader scope helps companies consolidate verification needs with a single vendor.

Major clients like Amazon and HDFC Bank use the platform for identity and business verification.

IDfy for KYB verification: Capabilities and considerations

📋 Quick OCR Processing: Scans and extracts data from business documents rapidly, with government department verification completing efficiently. The automated processing clears routine verifications without manual intervention.

⚙️ API Integration Options: Provides straightforward API implementation for technical teams. However, users report that per-hit charges run higher compared to some competitors in the market.

Best for: The pricing suits companies where verification costs represent small percentages of transaction values. Startups and real-time-critical applications should weigh reliability concerns carefully.

#4. AuthBridge

AuthBridge combines entity verification, director background screening, and regulatory compliance checks with proprietary negative record databases for criminal and litigation due diligence.

Processing over 15 million monthly checks with 1 billion+ proprietary data records, the platform offers both real time API responses and detailed 48 hour comprehensive reports for B2B onboarding, vendor verification, and third party due diligence across 30 industries.

AuthBridge for KYB verification: Capabilities and considerations

📋 GST and tax validation: Automated GSTIN verification extracts business name, constitution type, registered address, GSTR filing status, and nature of business to confirm tax compliance and operational legitimacy.

👔 Director background screening: Comprehensive due diligence on company directors including criminal record checks, litigation history, credit verification, directorship in other entities, and disqualification status under Companies Act provisions.

Best for: Banks, NBFCs, and enterprises requiring deep director level screening and criminal litigation checks for Indian business entities with regulatory compliance verification.

#5. Perfios

Perfios provides financial data analysis and verification services to financial institutions in India. It specializes in analyzing bank statements, GST returns, and financial documents. The platform also includes KYC/KYB verification alongside its core financial analysis capabilities, offering document OCR, fraud detection algorithms, and regulatory compliant video verification features approved by RBI, SEBI, and IRDAI for use in Indian financial services.

Perfios for KYB verification: Capabilities and considerations

📊 GST return verification: Real time validation and detailed analysis of GST returns including revenue patterns, input tax credit utilization, compliance history, and turnover verification.

📄 Advanced OCR and document extraction: Proprietary text extraction engine processes KYC documents, Form 16, ITR V, cheques, and national IDs with layout agnostic recognition supporting low quality images and India specific elements like turbans and veils.

🎥 Video KYC and liveness detection: RBI SEBI IRDAI compliant video based onboarding with silent passive liveness checks, active video liveness, biometric authentication, and anti spoof detection for remote touchless customer verification.

Best for: Lending platforms NBFCs and fintechs requiring automated financial verification and creditworthiness scoring of Indian SMEs.

#6. ComplyAdvantage

ComplyAdvantage has earned G2 Leader status in AML software for eight consecutive quarters, specializing in financial crime detection rather than comprehensive KYB.

However, the platform's strength in depth creates operational challenges. Users shared how the practical implementation suffers from accuracy issues. One reviewer points out that "the search functionality can occasionally flag false positives, which creates unnecessary manual work and impacts efficiency."

This means compliance teams spend time investigating alerts that turn out to be incorrect matches, reducing the efficiency gains the automation should provide. Additionally, users note "the platform does not have a proper graphical user interface" for certain workflows, making navigation less intuitive than modern alternatives like Signzy.

ComplyAdvantage for KYB verification: Capabilities and considerations

📊 Customizable Risk Assessment: Let's businesses configure screening parameters to match their specific risk tolerance and compliance goals. Automated risk assessments reduce the manual workload on compliance teams.

📈 Transaction Monitoring Engine: Watches for suspicious patterns in business transactions beyond initial onboarding. The rules library adapts to specific business models and operational patterns.

🎛️ Dashboard Analytics: Provides status-wise views of cases with simplified alert management. The interface design could benefit from modernization to match user expectations.

Best for: Enterprises prioritizing AML depth over comprehensive KYB features. Financial institutions already handle KYB elsewhere but need robust ongoing monitoring and sanctions screening. The learning curve and complexity make it less suitable for companies seeking all-in-one verification solutions.

#7. Ondato

Ondato claims 99.8% accuracy with 192-country coverage, positioning itself as a high-precision solution. However, when doing research, we came across multiple reviewers describing identical frustrations with the "take a selfie" step, rejecting valid attempts repeatedly. This suggests algorithmic oversensitivity that prioritizes false rejection over user experience, making the platform unusable for many legitimate businesses.

Moreover, the platform is also recognized by the Financial Times as one of Europe's fastest-growing companies.

Ondato for KYB verification: Capabilities and considerations

🎯 High Accuracy Claims: Advertises 99.8% verification accuracy across its platform. The company emphasizes precision as its core differentiator in the crowded verification market.

🌍 Broad Geographic Reach: Covers 192 countries for business verification needs. This global footprint theoretically supports international businesses operating across multiple jurisdictions.

⏱️ 30-Second Processing: Promises rapid verification completion in half a minute. Fast processing aims to reduce friction during business onboarding flows.

Best for: Difficult to recommend given insufficient validation and concerning user experience reports. European businesses might consider it with extensive testing, but India-focused companies should look elsewhere, given zero local presence and troubling reliability signals.

#8. Shufti Pro

Shufti Pro operates across 240+ countries, supporting 150+ languages and 10,000+ document types, making it one of the most globally comprehensive options available. The platform uses hybrid AI and human intelligence for verification.

Major crypto clients like Binance and Bitget rely on Shufti Pro, though the platform lacks local depth like Signzy, which offers similar global scalability and more economical pricing.

Shufti Pro for KYB verification: Capabilities and considerations

🌐 Exceptional Language Support: Handles verification in 150+ languages, covering diverse global markets. This multilingual capability helps businesses operate in regions where language barriers typically complicate verification processes.

🎮 Crypto and Gaming Focus: Strong presence in the cryptocurrency and gaming sectors with established clients. The platform understands the specific compliance and fraud challenges these industries face.

🔧 Platform Integration Options: Offers easy integration with various frameworks and platforms. The real-time fraud detection works alongside identity verification for comprehensive risk assessment.

Best for: Crypto exchanges and gaming platforms operating globally with multilingual user bases. Less suitable for India-focused businesses needing local depth. Companies should evaluate support quality carefully, given the reported issues.

#9. HyperVerge

HyperVerge brings exceptional accuracy to KYB verification, claiming 99.5% precision rates that outperform most competitors. Based in Bengaluru with a strong Indian market presence, the platform onboards 30 million customers monthly and works with major names like SBI, LIC, Jio, and Bajaj Finserv.

HyperVerge for KYB verification: Capabilities and considerations

📄 Indian Business Document OCR: Extracts data from GST/Udyam certificates and other India-specific documents.

🎥 RBI-Compliant Video Platform: Offers video-based verification that meets Reserve Bank of India standards. Increases agent productivity through streamlined workflows and delivers instant decisions through AI-driven processing.

🔧 Unified API Marketplace: Integrates multiple verification vendors through a single API interface, eliminating the need to manage separate connections. This simplifies technical implementation and ongoing maintenance.

Best for: Ideal for banks and NBFCs handling complex business structures where verification precision directly impacts risk exposure. However, if you are planning to scale beyond India anytime in the future, alternatives like Signzy can be a better fit.

#10. Surepass

Surepass focuses on breadth over depth, offering multiple verification services under one roof to simplify vendor management for startups. However, limited public review data makes a thorough quality assessment difficult, and the technical reality doesn't match the marketing promise.

One developer's experience reveals the disconnect:

"API is very hard to integrate with other apps."

This integration difficulty defeats the entire value proposition of quick deployment. For startups needing genuinely fast implementation with proven reliability, platforms like Signzy deliver a 2 day deployment timeline with proper documentation and support infrastructure that actually works.

Apart from KYB, Surepass provides APIs for everything from basic ID verification to payment processing under one provider. This consolidation reduces the complexity of managing multiple vendor relationships.

Surepass for KYB verification: Capabilities and considerations

📱 Startup-Friendly Approach: Targets smaller businesses and startups with streamlined onboarding. The platform positions itself as an accessible entry point for companies just beginning their verification journey.

📊 Simplified Vendor Management: Consolidating multiple verification needs with one provider reduces administrative overhead. Teams manage a single relationship, one integration, unified billing, and consistent support rather than coordinating across different specialized vendors.

Best for: Startups running early-stage experiments or proofs-of-concept where bundled services and low entry barriers matter more than proven track records. Companies should conduct comprehensive testing before moving to production and consider whether established alternatives like Signzy offer better long-term reliability for scaling businesses.

Signzy and the next step in your KYB program

Most KYB platforms make you choose: either get India-specific features or global coverage, either pay enterprise prices or settle for limited startup tools, either wait six months for deployment or accept bare-bones functionality. However, Signzy changes the equation.

🌏 Most platforms don't actually understand indian compliance

You'll find plenty of KYB providers claiming they cover India. What they mean is they can verify some basic company registration details, maybe check a few sanctions lists. But when you need real-time GST and PAN checks, or AML screening, suddenly you're back to manual processes or paying for custom integrations.

🎯 Signzy Advantage: Local depth because the platform was built in India, for Indian businesses first. The verification flags discrepancies, and surfaces issues before they become compliance problems. And because Signzy also covers 180+ countries, you're not sacrificing global capability for local depth.

⏱️ Implementation timelines that actually make sense

Here's how most KYB deployments work: three months of scoping calls, another two months of custom development, a month of testing, then you're live. Except that by then your business needs have changed, regulatory requirements have updated, or you've missed the market window you were targeting.

🎯 Signzy Advantage: Operational in 2-4 days for standard implementations. The modular approach means you implement exactly what you need now. Just need basic business verification and UBO checks? Deploy those modules. Want to add sanctions screening or adverse media monitoring later? Add those modules when you're ready. No massive upfront implementation covering features you won't use for six months.

"Signzy helped us get live in 6 days. The team has been incredibly responsive throughout. They've earned every bit of our business." — CTO, Fintech Startup (20-50 employees)

💸 Pricing that doesn't punish growth

Enterprise KYB platforms quote based on projected volumes, locking you into commitments before you know your actual usage. Startup-focused tools offer low entry prices but lack the features you'll need as you scale, forcing an expensive migration later.

🎯 Signzy Advantage: Pay-as-you-use model means you're only paying for verifications you actually run. Processing 50 verifications this month while testing your merchant onboarding flow? You pay for 50. Scaled to 5,000 verifications next quarter? You pay for 5,000. If we put it more simply, the same pricing model works whether you're a three-person fintech or a bank processing millions of verifications.

🏢 Built for enterprises, accessible to startups

Signzy serves India's four largest banks and 600+ financial institutions globally. The platform handles enterprise complexity like multi-entity corporate structures, cross-border ownership chains, and regulatory reporting requirements that simpler tools can't manage. But this enterprise capability doesn't come with enterprise friction.

🎯 Signzy Advantage: Startups use the same platform without needing dedicated implementation teams, compliance consultants, or six-figure annual commitments. The 340+ pre-built APIs cover most verification scenarios out of the box. The no-code workflow builder lets your operations team modify verification logic without opening support tickets. You're not choosing between power and simplicity, you're getting both.

Suppose you have made it till here. You sure are super serious about KYB. Till now, you've seen the options, compared the features, and understand what matters for Indian KYB compliance. The next decision is whether you want a platform built specifically for the Indian market or one that treats India as just another country in its global coverage. Signzy is global yet has a deep Indian compliance context.

To know more and see how exactly it can help you, drop us a line here!