INTRODUCTION

Entity Locker is a secure, cloud-based document storage and verification platform developed by MeitY’s National eGoverance Divison (NeGD). It is designed to enhance business efficiency and allow easy access and verification of documents with regulatory bodies such as MCA, GSTN, and DGFT. It offers encrypted cloud storage, digital signature authentication, and Aadhaar authentication-based access. This Locker confirms secure document management and promotes paperless governance. It reduces administrative delays and simplifies document processing.

Surepass Entity Locker API provides verified data of entities from the respective departments and ensures verification accuracy. This API streamlines businesses’ operations, providing real-time results and enhancing efficiency.

Use Cases

Business Verification: Companies can use the Entity Locker API to verify entity details such as GSTIN, PAN, Udyam, and Director details. It reduces the risk of fraud and maintains accurate business records. It automates the verification process saves time and improves operational efficiency.

Lending and Financial Institutions: Banks, NBFCs, and Financial Institutions can use the API to verify the business credentials before approving loans and credit lines. It provides data verified by regulatory authorities and minimizes the risk of defaults.

Vendor and Supplier Onboarding: Entity Locker API smoothens vendor and supplier onboarding by verifying essential details like GSTIN, PAN, and business registration. It confirms that companies are partnering with legitimate and compliant businesses. The real-time result reduces the onboarding time and helps maintain a secure supply chain.

MSME and Startup Registrations: Government agencies and private platforms can use the API to verify MSME registration using Udyam numbers. This ensures that only eligible businesses receive benefits from government schemes and financial aid. It also helps simplify the registration process and reduce manual efforts.

Investment Due Diligence: Investors and financial advisors can use this API to conduct due diligence by verifying company data, directors’ details, and tax IDs. Access to verified information helps them make informed investment decisions and detect risks. It will also reduce the chances of fraud and build investors’ confidence.

E-Commerce Seller Verification: E-commerce platforms can verify sellers’ details such as GSTIN, PAN, and Udyam Registration to ensure only legitimate businesses list their products. This maintains platform integrity and protects customers from fraudulent sellers. Automated verification also reduces manual workload.

Corporate Auditing and Legal Services: Auditors and legal firms can use the API to access verified data for audits, due diligence, and legal compliance checks. It simplifies the data collection process and reduces time spent on manual checks and documentation.