How Instafinancials Is Helping Businesses Detect Inactive or Struck-Off Companies Instantly

Advanced Technology Platform Enables Real-Time Verification to Prevent Corporate Fraud and Financial Losses.
- (1888PressRelease) July 27, 2025 - BENGALURU, Karnataka – InstaFinancials, a pioneer in corporate intelligence solutions, today introduced its breakthrough instant verification system that transforms how businesses detect inactive or struck-off companies. The innovative platform combines artificial intelligence with extensive database coverage to provide immediate company status insights, enabling organisations to streamline their due diligence processes while maintaining the highest standards of business information API accuracy in India.
Revolutionary Speed in Corporate Verification
By April 2025, over 3,300 companies across various states and territories submitted applications to have their names struck off from official records under Section 248(2). The upgraded platform addresses the ongoing challenge of manual verification processes that often take hours or even days to complete.
"The traditional process of checking struck-off company status was time-consuming and prone to human error. Our instant detection technology transforms this process from hours to seconds, enabling businesses to make faster, more informed decisions while protecting themselves from potential risks," said Mr. Razi M, CEO & Founder of InstaFinancials.
Technology-Driven Solution for Modern Business Needs
InstaFinancials' instant detection system uses proprietary algorithms to scan multiple data sources simultaneously, including MCA records, ROC databases, and regulatory filings. The platform's advanced business information APIs process over 2.7 million company records, delivering clear and reliable company status updates.
The system's key capabilities include
> Quick Search: Find results fast using company name, CIN, PAN, or GSTIN.
> Bulk Check: Verify lots of companies at once by uploading an Excel file.
> API Integration: Connect to your current systems for automatic checking.
> Smart Alerts: Get notified right away when companies change status
Industry Impact and Market Response:
The instant detection service has seen strong adoption among financial institutions, NBFCs, and corporate clients seeking faster, more reliable due diligence capabilities.
"Speed is critical in today's business environment. Our clients can now complete thorough due diligence checks in minutes rather than days, enabling them to seize opportunities while maintaining strong risk management," said Razi M CEO & Founder of InstaFinancials.
About InstaFinancials
Founded in 2016 and incorporated as CBL Data Science Private Limited, InstaFinancials has established itself as a trusted corporate intelligence platform serving financial institutions and B2B organizations across India. The company achieved recognition as "Top 5 Startups" by Headstart in a national level competition held in Feb 2018 and was Runners-up in Elevate 100 event organised by Govt. of Karnataka.
Operating from its headquarters in Bengaluru, InstaFinancials specializes in transforming complex corporate data into actionable business intelligence, helping organizations make informed decisions through comprehensive database coverage and advanced analytics capabilities.
Media Contact: InstaFinancials
Email: Sales ( @ ) InstaFinancials dot com
Phone: +91 07879776776
Website: www.instafinancials.com
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