Vendor & Credit Diligence Platform

Know Who You're Doing Business With

Ensure you're doing business with the right partner. CARMA Assess triangulates 13 engines - GST, MCA, credit bureau, statutory & litigation, bank statement, and 8 more - into one decision-ready verdict in under 5 minutes.

< 5 min
Full Assessment
13
Core Data Engines
All Entities
Proprietorships to Corporates
1,500+
Businesses Assessed

See the platform in action.

Watch how a full vendor & buyer assessment comes together — from data ingestion to final verdict — in under five minutes.

<5 min
End-to-end assessment
13
Engines triangulated
1
Decision-ready verdict

13 Core Engines. One Triangulated Verdict.

Every assessment pulls from multiple underlying sources per engine, cross-verifies the data automatically, and surfaces conflicting signals before you even ask.

📊

GST

Is the revenue real and durable?

Turnover trends, filing compliance, related-party signals, and geographic revenue mix

📋

MCA

Who's behind this — track record?

Ownership structure, director linkages, charge creation, and compliance track record

📈

Credit Bureau

How have they handled credit?

Repayment history, delinquency patterns, and existing leverage across lenders

⚖️

Statutory & Litigation

Under legal or compliance pressure?

Recovery actions, adverse legal proceedings, and enforcement history

🏦

Bank Statements

Does the cash actually flow?

Actual cash-flow strength, volatility, and bounce patterns behind the numbers

+8

More Engines

Additional specialized engines that round out the full risk picture — full list available on request.

Two Ways to Know. One Platform.

One-time assessment or always-on monitoring - same intelligence underneath.

Pre-onboarding

Counterparty Diligence, Decision-Ready

Risk rating, key signals and recommended exposure - structured for credit committees, not raw data dumps. Scales to thousands of counterparties.

Per-report · Pay-per-use
Post-onboarding

Continuous Monitoring + Early Warning

Re-graded monthly to quarterly. Separates temporary liquidity stress from structural credit deterioration across your portfolio.

Per-portfolio · Subscription

Why CARMA Assess is India's Most Complete Diligence Platform

Purpose-built for vendor and buyer diligence across proprietorships, partnerships, LLPs and corporates - with triangulation generic tools can't match.

13 Core Engines Unified

GST, MCA, Credit Bureau, Statutory & Litigation, Bank Statements, and 8 additional specialized engines - triangulated into one verdict, not 13 separate reports.

Decision-Ready Reports

Risk rating, key signals, and recommended exposure - structured for credit committees, not raw data dumps.

Fraud & Red-Flag Detection

Shell entities, struck-off directors, and circular transactions surfaced automatically before you onboard.

Right-Sized Credit Limits

Recommended exposure calibrated to actual repayment capacity, so credit lines match real risk.

Continuous Monitoring & EWS

Quarterly re-grading separates temporary liquidity stress from structural credit deterioration.

Decision-Ready in Under 5 Minutes

What used to take days of manual verification across multiple portals now completes end-to-end in minutes.

From Days of Manual Work to Minutes of Intelligence

Replace fragmented vendor and buyer checks with unified diligence intelligence

Without CARMA Assess
  • ×7+ portal logins for a single report
  • ×3-5 days per vendor & buyer assessment
  • ×Manual data entry and reconciliation
  • ×No cross-verification across sources
  • ×Raw information, no judgment applied
  • ×Fraud signals missed in siloed data
With CARMA Assess
  • One platform, all sources unified
  • Comprehensive report in under 5 minutes
  • Automated data fetching and parsing
  • Cross-verification engine validates everything
  • Information evaluated into one clear verdict
  • Fraud detection with automatic red flags

Trusted by Enterprises, Insurers, and SMEs Across India

Real diligence outcomes from businesses using CARMA Assess

1,500+
Businesses Assessed
< 5 min
Average Assessment Time
₹3.8 Cr+
Exposure Prevented in a Single Case

How to Evaluate a Vendor & Credit Diligence Platform

Complete checklist to evaluate diligence platforms before you build in-house or settle for a generic data aggregator.

1

Data Engine Coverage

  • GST turnover and compliance signals
  • MCA ownership and director linkages
  • Credit bureau repayment history
  • Statutory, litigation, bank & financial data
2

Triangulation, Not Aggregation

  • Cross-verification across all 13 engines
  • One verdict, not 13 separate reports
  • Conflicting signals surfaced automatically
  • Fraud caught across data silos
3

Entity Coverage

  • Proprietorships and partnerships
  • LLPs and corporates
  • Consistent methodology across entity types
  • Track record across 1,500+ businesses
4

Continuous Monitoring

  • Monthly-to-quarterly re-grading
  • Early Warning Signals (EWS)
  • Stress vs. structural decline detection
  • Portfolio-level concentration risk view
5

Speed & Scale

  • Decision-ready verdict under 5 minutes
  • Live in under a week, no engineering
  • Scales to thousands of counterparties
  • Pay-per-report or subscription pricing
6

Compliance & Security

  • SOC 2 Type II certified
  • ISO 27001 compliant
  • 256-bit AES encryption
  • RBI-aligned controls

✓ CARMA Assess meets all 6 criteria - making it India's most complete vendor & credit diligence platform

Why Not Just Build It Yourself?

Most teams consider three paths. Here's how they compare.

Build In-House
  • ×6-12 months to build and maintain
  • ×Separate API per data source
  • ×No triangulation or scoring logic
  • ×Diverts engineering from core product
  • ×Compliance and privacy overhead
Data Aggregation Tools
  • ×Separate outputs, no single verdict
  • ×Raw data - manual stitching needed
  • ×Built for underwriting, not diligence
  • ×Faster than building, but still manual
  • ×Pull-based, no continuous monitoring
CARMA Assess
  • Live in under a week, no engineering
  • 13 engines, one triangulated verdict
  • Built for vendor & buyer diligence
  • Continuous monitoring with EWS
  • Portfolio-scale, not one-at-a-time

Vendor & Credit Diligence Challenges We Solve

Purpose-built to address the specific pain points enterprises, SMEs and insurers face when assessing counterparties

❌ 7+ portal logins and 3-5 days per vendor or buyer check

✓ 13 engines fetched and triangulated automatically in under 5 minutes

❌ No way to verify if GST filings match real business activity

✓ Cross-verification engine triangulates GST, bank, bureau and MCA data

❌ Shell entities and struck-off directors go unnoticed

✓ MCA and legal data surface hidden entity red flags before onboarding

❌ Credit limits set on guesswork rather than data

✓ Recommended exposure calibrated to actual repayment capacity

❌ Bureau data sits in isolation from financials and legal history

✓ Bureau exposures triangulated against financials, GST and litigation records

❌ Manual data entry leads to errors and delays

✓ Automated parsing with zero manual intervention

❌ Can't tell if a decline is seasonal or structural

✓ Quarterly re-grading separates temporary stress from structural deterioration

❌ No consistent way to compare vendors and buyers

✓ One consistent risk score every time - no analyst variance

Where It Makes the Difference

Real diligence outcomes from enterprises, anchors, associations, and insurers using CARMA Assess

Vendor Onboarding · FMCG
₹3.8 Cr
Exposure prevented

A leading FMCG brand was onboarding a new distributor with a proposed ₹3.8 Cr credit line. CARMA Assess's six-source triangulation flagged erratic GST turnover, a promoter linked to two struck-off entities, and overdue positions with three other lenders - all of which standard reference checks had missed.

Six-source triangulation caught what single-source verification missed - the credit line was never extended.

Portfolio EWS · Textiles
₹1.2 Cr
Exposure reduced on early warning

A textile anchor had a counterparty rated green for 18 months against a ₹1.2 Cr outstanding. A quarterly re-grade triggered a Green-to-Amber EWS flag - irregular GST filings, rising bank bounce rates, and new unsecured borrowings - 60 days before the counterparty defaulted with two other creditors.

Continuous monitoring separates temporary liquidity stress from structural deterioration, giving anchors time to act before defaults become losses.

Member Verification · Trade Association
340 Members
Verified in 2 weeks

A national trade association with 340+ members was seeing rising payment disputes erode trust in inter-member trade. CARMA Assess created verified vendor & buyer profiles for every active member within two weeks, flagging members with adverse findings for extra scrutiny.

When every member in an ecosystem is independently verified, trust becomes structural - trade disputes dropped 40% in the first quarter.

Buyer Underwriting · Insurance
1,200 Buyers
₹180 Cr exposure covered

An insurer wanted to launch a trade-credit product, but 90% of target exporters' buyers were unrated MSMEs with no external credit ratings. CARMA Assess assessed 1,200 buyers via six-source triangulation, each receiving a calibrated risk score compatible with the insurer's internal framework.

The insurer launched its trade-credit product in 6 weeks, with a sub-1% default calibration giving underwriters confidence to price competitively.

Same Intelligence. Every Scale of Business.

Customized vendor & credit diligence for enterprises, SMEs and insurers

Enterprises

  • Vendor & buyer assessments before onboarding
  • Portfolio-level receivables concentration risk
  • Annual vendor & buyer re-review
  • Procurement counterparty screening

SMEs & Startups

  • Instant vendor & buyer checks
  • Pay-per-report pricing, no lock-in
  • Fraud & red-flag detection before extending credit
  • Building a verified counterparty book from day one

Insurers

  • Underwriting-grade assessments of unrated buyers
  • Portfolio EWS with quarterly re-rating
  • Integration-friendly APIs into policy workflows
  • Calibrated to sub-1% default rate benchmarks

Need diligence tailored to your specific counterparty base?

Get Started with CARMA Assess in 3 Simple Steps

From sample report to full portfolio monitoring. No complex integrations required to start.

01

Request a Sample Report

Share a vendor or buyer name and you'll receive a full assessment - risk grade, red flags, recommended exposure, and source breakdown - within 24 hours.

⏱️ 24 hours
02

Pilot Setup

Our team configures CARMA Assess for your counterparty base and data access needs. No engineering effort required to get live.

⏱️ Under 1 week
03

Go Live

Move from one-off assessments to full portfolio monitoring, with quarterly EWS re-grading scaling to thousands of counterparties.

⏱️ Immediate

See What Your Vendors & Buyers Really Look Like

Join enterprises, insurers, and SMEs already using CARMA Assess

What is Vendor & Credit Diligence Software?

Vendor and credit diligence software is an AI-powered platform that automates the process of assessing whether a business is safe to onboard, extend credit to, or continue trading with. Unlike manual due diligence that requires teams to log into multiple portals, gather data separately, and reconcile information by hand, modern diligence software unifies all relevant data sources into one intelligent system.

CarmaOne's CARMA Assess represents the next generation of vendor and credit diligence technology for India. By triangulating 13 core engines - including GST, MCA, Credit Bureau, Statutory & Litigation records, and Bank Statements, plus 8 additional specialized engines - the platform creates a single, decision-ready verdict on any business entity, from proprietorships and partnerships to LLPs and corporates.

Key Components of Modern Vendor & Credit Diligence

  • Multi-Engine Data Collection: Automatically fetch and parse data across 13 engines, including GST, MCA, bureau, litigation, and bank sources
  • Cross-Verification: Triangulate data across engines to validate authenticity and surface conflicting signals
  • Entity-Wide Coverage: Assess proprietorships, partnerships, LLPs and corporates with a consistent methodology
  • Fraud Detection: Identify shell entities, struck-off directors, and related-party red flags
  • Continuous Monitoring: Re-grade counterparties monthly to quarterly with Early Warning Signals
  • Decision-Ready Verdicts: Produce a single, structured risk verdict in under 5 minutes

Who Needs Vendor & Credit Diligence Software?

Any organization that extends credit or trust to a counterparty can benefit from automated diligence: enterprises onboarding vendors, distributors and B2B buyers into their supply chain; SMEs and startups making credit decisions without an in-house credit team; and insurers underwriting trade-credit risk on buyers with no external rating. The common thread is the need to know exactly who you're doing business with, before and after onboarding.

With supply chains and receivables books growing more complex across India, and 1,500+ businesses already assessed on the platform, having a robust vendor and credit diligence platform is no longer optional - it's essential for protecting exposure and catching deterioration early. CARMA Assess by CarmaOne provides the comprehensive, India-specific solution that modern enterprises, SMEs and insurers need.

Integrate with CarmaOne's Complete Platform

CARMA Assess integrates seamlessly with CarmaOne's other solutions: use it with CARMA Core for end-to-end loan origination, disbursement and supply chain finance decisions, or integrate with CARMA DealFlow for private credit fund due diligence.

Frequently Asked Questions

Everything you need to know about CarmaOne CARMA Assess

Ready to Know Who You're Doing Business With?

Join enterprises, insurers, and SMEs using CARMA Assess. Request a sample report and see your first decision-ready verdict in action.