It is fraud company
It is fraud company. Do not take any service from them. It will take your hard earned money and then vanish

Egniol Services Private Limited is a business services company that likely provides professional support solutions to other organizations. The company may offer services such as consulting, administrative support, or specialized business process assistance to help clients optimize their operations and achieve their objectives.
Egniol Services Private Limited receives overwhelmingly negative feedback from consumers, with a staggering 79% of reviews rating the company at 1 star. Many reviewers express frustration over what they perceive as fraudulent practices, claiming that Egniol takes money for services related to MSME loans without delivering any results.
Common complaints include a lack of communication, unfulfilled promises, and overpriced services that offer little value. While a small percentage of customers report positive experiences, praising the service and even receiving refunds, these instances are far outweighed by the negative sentiments. Overall, people warn others to avoid Egniol, labeling it a scam and advising against wasting time and money on their services. The prevailing sentiment is one of distrust and dissatisfaction.
Summary generated with AI from recent reviews
Each source counts by its number of reviews. Only reviews written by people are scored.
| Source | Rating | Reviews | Weight | 6-mo | Fake risk |
|---|---|---|---|---|---|
Trustpilot Imported Trustpilot reviews | 1.8 | 99 | 100% | +0.2 | ● Low |
Monthly average rating from reviews written by people · latest review Jul 2025.
| Month | Average | Reviews |
|---|---|---|
| Aug 24 | 1.0 | 5 |
| Sep 24 | 1.0 | 8 |
| Oct 24 | 1.0 | 4 |
| Nov 24 | 1.0 | 1 |
| Dec 24 | 1.8 | 5 |
| Jan 25 | 3.5 | 8 |
| Feb 25 | 2.1 | 7 |
| Mar 25 | 1.0 | 4 |
| Apr 25 | 1.3 | 12 |
| May 25 | 1.0 | 10 |
| Jun 25 | 2.9 | 8 |
| Jul 25 | 1.0 | 3 |
Share of positive (4–5★) and negative (1–2★) reviews mentioning each topic · based on the 99 most recent reviews.
“Good work nice service l”
“Entrepenuers, beware of Egniol”
Same method for every company: overall rating, legitimacy checks, the average rating of reviews mentioning each area and the 6-month trend · Consulting.
| Company | Overall | Legit | Service | Trend | Reviews |
|---|---|---|---|---|---|
| 1.8 out of 5 (poor) | 67 out of 100 | 2.0 out of 5 (poor) | −9% | 99 | |
| 2.1 out of 5 (poor) | 100 out of 100 | 2.6 out of 5 (poor) | −29% | 185 | |
| 4.2 out of 5 (good) | 100 out of 100 | — | — | 85 | |
| 4.7 out of 5 (good) | 100 out of 100 | 4.7 out of 5 (good) | +1% | 85 | |
| 4.0 out of 5 (good) | 100 out of 100 | — | −29% | 85 |
Bottom line: Egniol Services Private Limited is #5 of 5 on overall rating in this group. On service, Riverbend Consulting scores higher (4.7 vs 2.0).
99 reviews of Egniol Services Private Limited. Filter by what matters to you.
It is fraud company. Do not take any service from them. It will take your hard earned money and then vanish
Don’t waster your money, don’t invest with them, it’s just big big talks and they yield not result. They are just filling their pockets
this is a company fraud Egniol Approached to give MSME loans 2025 They asked me to pay 25 k Rs in Advance and 25 k later after the loan is sanctioned. I paid 2 of my companies, l.e.50k I asked them that if its not sanctioned then what will you do, they said that we apply again in other CSR or MSME schemes. They fill the form on govt site PSB loans and approval given from some banks with low interest rates, then when we visit bank the manager says that there will be some mortagage and intrest rate will be more then approval, When we contact Egniol team they say that you have to deal with bank manager we cant help you and they keep applying loans again again and bank keeps rejecting, They are just taking 50k for filling that form they are not even talking with banks, Till date nothing has happened, they sign a no refund policy so they dont even give refund back. No cooperation, Bad service I strongly advise others not to trust this company. Save your time and money and look for more reliable and knowledgeable service providers. Bcoz its a earn advance money but your work can not don I apply for last ma application is every time on board but result not done And employee is not give a perfect ans every time.telling me i chexk and call back but no call for egniol side So please can not prefer this firm to eny startup or govt benifit And almost review is fake so dont trust worost experiance
Quick answers to the questions people ask most.
Egniol Services Private Limited provides comprehensive business services including consulting, administrative support, and professional solutions tailored to meet various corporate needs. We specialize in helping businesses streamline their operations and improve efficiency through our range of professional services.
Our standard business hours are Monday through Friday, 9:00 AM to 6:00 PM. We also offer extended support hours and emergency services for our premium clients upon request.
You can reach us through our main office phone number, email, or by visiting our website's contact form. Our customer service team typically responds to inquiries within 24 hours during business days.
Yes, we work with businesses ranging from small startups to large corporations. Our services are scalable and can be customized to meet the specific needs and budget requirements of each client.
Our pricing varies depending on the specific services required and the scope of work involved. We offer both project-based pricing and ongoing service contracts, with detailed quotes provided after an initial consultation.
Project timelines vary based on complexity and scope, ranging from a few days for simple tasks to several weeks for comprehensive projects. We provide estimated timelines during the initial consultation and keep clients updated throughout the process.
Yes, we provide post-project support and maintenance services to ensure continued success. We also offer ongoing service agreements for clients who require regular business support and consultation.
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Warning: Misleading Services & No Accountability—Refund Demanded I’m writing this review after a frustrating and disappointing experience with Egniol (EGINOL)—a company that claims to help startups and MSMEs secure government grants and funding. In December 2024, I was approached by their Sales Head, Yogesh Khatri, who confidently promised end-to-end support in securing financial assistance for my startup, Epic Gymnastics Academy. Based on his assurance, I paid ₹35,400 (incl. 18% GST). However, the moment the payment was made, Yogesh completely stopped responding to calls, emails, and messages. Despite several follow-ups, there was no progress, no guidance, and no accountability. The company's Directors — Udhvik Pandya, Mrugarajsinh Jadeja, and Bhavin Rangjibhai Bhabhor — must be held responsible for this lack of transparency and service. It is unacceptable for a company dealing with entrepreneurs to operate this way. I demand a complete refund of the amount paid, as no service was rendered and all commitments were unfulfilled. To make matters worse, I later got selected for the NSRCEL – Foundations of Entrepreneurship programme on my own, without any help from Egniol. I completed the full 6-week programme independently, fulfilling all their criteria — something Egniol never even mentioned or supported. They failed to inform, guide, or assist, despite their professional responsibility and my upfront payment. This is not just poor service — it’s unethical. I urge Egniol and its directors to take accountability and refund the ₹35,000 immediately. To all fellow founders and MSME owners: Please be cautious before trusting consulting firms like Egniol. Always validate credentials and seek direct access to incubation programmes like those from NSRCEL, DST, SIDBI, and other government-backed platforms. Let this review serve as a warning. Entrepreneurs deserve transparency and trust — not exploitation.
Too much focus on sales and they don't even pay attention to what the company needs. They just file stuff randomly and you should hear the noise on the calls. They are running a sweatshop cramming in 100s of people in a small office space and taking as many clients as possible. Most of the employees are clueless and they just randomly fill in applications for unrelated grants. Their statistics are all fake.
I was called up by Egniol services, they committed me the funding of 10 lakh or the amount as per the cibil score of the proprietor. They asked me to make payment of 11800/- immediately so that they can initiate the process of my application. I countered them with my point that get me an approval letter, let me verify it with bank and take your whole payment in a single shot. But the lady on the other side turned silent and did not even mince a single word. I took the reference of some reviews posted by their victims and she said there are positive reviews too. Thanks to trustpilot.com who eventually saved me from losing my hard-earned money.
Pay the money and forget it. They will provide zero value services. Don't expect much.
They are pure cheaters and I could see that so many victims have lost huge money. I strongly believe that the victims should file police complaints also and expose this people in social media also. I urge the Government to take strict action against such companies who are cheating in the name of providing govt. Funding.
They do not bother even to keep you informed that what is happening with our application for raising funds for pur Public Trust and that was for women empowerment. On their promise of 30 to 45 says we promised poor women to help them and after completing approx. 4 months they are still silent. They charged approx. 30 thousand rupees from us.
Giving false promises and mainly focused on getting money. Afterwards no proper response.
They forced me to post good review on google Maps. All those 9000+ reviews on google Maps are forced. Just ask everyone, if they were told to post review. I'm telling truth, I swear on their mother's smegma. I didn't get funding. I lost my money. At same time, the proposal they submitted to us aid, they put my email on high fraud risk score. I never stole someone's money. Check my bank account, itr etc. It's from them only. They did false promises to me that they will solve it. They didn't. No reply from them today. Since they didn't solve it, enjoy my money, make rolls using fingers of your smegma, put it in my money and smoke it. I post positive reviews only if you actually do good to me. I didn't like it that because of egniol my emails have high fraud risk score without scamming a person hard earned money yet. Since you scammed me and didn't even give me funds, enjoy my money, put your mother's + father's smegma in my money and smoke fish scented money.
Terrible experience with this company. One year back their staff Mr. Akash Soni started calling us promising the sun and the moon. Extremely sweet talking person and convinced our management that they would help us with the 80 IAC. They took the documents from us and said that we are doing the application on your behalf. however once our management paid them the 50% advance, their team were untraceable. Our staff called and messaged them multiple times but no reply. Within a few months we started receiving emails from Startup India team that the documents are not yet fully submitted and form submission is pending. So with no option left, our team took over the application and realised that it was on hold as these people had made an incomplete application. We took help from other consultants and advisors to complete the application. However it took us a few months as it was the first time for us. Finally we received the 80 iAC a few days back and immediately their henchman Mr. Hiren Bhatt started calling and harassing our team, asking for remaining payment saying that the certificate has been received. When our team explained the situation he started abusing and threatening us. Such unprofessional people and he was calling himself Senior management person. On checking the Zauba corp our team reprimanded him that he is not a Director, he then said he is Head of the department. Quite unbelievable how companies like these appoint such extortion agents and behave so unprofessionally. Hope this review helps other companies.
They are fraud hum 100% assurance dia ki hamara kaam ho jaega or fees bola pay karne k lie jaise h fee pay ki humne 11800 hamara kaam delay karne lage alag alag person s baat karwane lage or har ek person 0 se start karta process or koi response nah karta. Please i request all trust nahi kare ye apki kisi se baat karwaenge k humne is company ko is business man ko loan dia apko bh denge ye sab trap he.
Beware! Egniol Services Private Limited is a Fraudulent Company - Do Not Trust Them! I had a very disappointing experience with Egniol Services Private Limited. Based on my interactions, I strongly believe this company is involved in fraudulent activities. They are unprofessional, dishonest, and lack the integrity you would expect from a legitimate business. I strongly advise against engaging with them in any capacity. They have been misleading, offering services they do not deliver, and failing to meet basic business standards. Communication was poor, and when issues arose, they were unresponsive and evasive. I urge everyone to stay away from Egniol Services Private Limited and avoid wasting your time or money. This company is not trustworthy, and engaging with them could lead to frustration and loss. Please be cautious and consider other reputable options!
They charged us Rs. 40,000, promising investor connections, which never materialized. Do not trust them.
I hired Egniol Services on a high-end package, paying ₹90,000, expecting professional guidance and execution in securing grants and funding, including: Company Registration Pitch Deck, Financial Projections, DPR Report, Business Plan Revenue Model, Market Research, Cash Flow, Sales Projection Mentorship, Founder Grooming, Negotiation with Committee Grant Applications & Post-Selection Support Reality Check: A Disaster from Start to Finish 1. Company Registration – Took 60 Days Instead of 2 Weeks Multiple incorrect filings delayed the registration process. My CA laughed at me, questioning who was handling my registration. Egniol doesn’t even know how to register a company properly—a basic task for any consultant. 2. Startup India Certificate – No Real Work Done Yes, they got it in one day, but this process is so simple that even a kid could do it by following a YouTube tutorial. 3. Seed Fund Application – Blunders & Misinformation Applied to the wrong incubator – The first application was a complete disaster because Egniol didn’t even check if the incubator aligns with my business. The second application was my own choice (not much credit to them). The third incubator, suggested by them, got me an initial call and a 7-minute pitch opportunity—but they completely misled me on how to pitch! 4. Egniol’s Pathetic Pitch Training – A Guaranteed Failure Egniol gave me a completely wrong structure for my 7-minute pitch. During the actual interview, the incubator took the pitch in a completely different direction than what Egniol told me. I failed the interview because of their bad guidance—they clearly have no idea how incubators work or how to structure a pitch properly. Their so-called "mentorship" is a joke—they simply have no expertise in pitching or startup funding processes. 5. Fake Promises of Grant Applications They promised to apply for multiple grants but never did. When I followed up, they kept applying for irrelevant hackathons that were completely useless. 6. Pitch Deck – Worse than Toilet Paper The pitch deck they made was absolutely terrible—I had to scrap it completely and make my own. They never even tried to understand my business model, so obviously, they could not draft anything useful. Egniol Services – A Total Scam! They don’t know how incubators work. They don’t understand business models. They don’t apply to the right grants. They will misguide you in pitching and ruin your funding opportunities. They charge insanely high fees for zero expertise. They take advantage of less-experienced entrepreneurs who are new to the startup ecosystem. 7. Better Ways to Get Funded – You Don’t Need Egniol! ✅ Learn how to pitch from accelerators – Any good accelerator will actually teach you how to structure your pitch properly. ✅ Learn how to apply for Seed Fund from YouTube – It’s difficult to find other grants, but Egniol won’t help you either. You’re better off doing the research yourself. Final Verdict: Stay Away from Egniol Egniol is a pure scam, trying to overcharge entrepreneurs and deliver nothing. Don’t fall for their marketing gimmicks and fake testimonials—they are clueless about startup funding and grant applications. 🚨 AVOID EGNIOL AT ALL COSTS! Find real experts who actually add value! 🚨
Stay away from this fraud company. They will show big dreams to vulnerable startup founders in the name of govt seedfund and grants. In the beginning they said we have internal links with incubators and since they have targets to distribute funds to startups and we help them to achieve their targets, so we can easily get you funding if you buy our package. After making the payment and in few months nothing will happen. The tone of all the members will change and you will feel like as if you are begging in front of them. I literally begged to get some amount as a refund when after waiting for 1 year. We all should file a complaint against this fraud company and founders must be arrested immediately.
Our company was seeking financial consultancy support, and we initially considered Egniol Services Private Limited. I had an initial discussion with their representative, and everything seemed professional at first. However, after my team started researching their reviews and found certain concerning feedback, I decided to clarify my doubts with the same person I had spoken to earlier. Surprisingly, his entire way of communication changed. There was a noticeable shift in tone and responsiveness, which raised some concerns about transparency and consistency. This experience has made us reconsider our decision, as clear and reliable communication is crucial when dealing with financial matters. I would advise anyone considering Egniol Services to thoroughly review their track record, ask detailed questions, and ensure that their communication remains consistent throughout the process.
Good communication and helpfull team for the star up India certificate the team work was wonderful
We have experience working across various industries including technology, healthcare, finance, manufacturing, and retail. Our diverse expertise allows us to adapt our services to meet the unique requirements of different business sectors.
We offer complimentary initial consultations to understand your business needs and discuss how our services can help. This allows us to provide accurate project estimates and determine the best approach for your requirements.
Our cancellation policy varies depending on the type of service and project stage. We typically require 48-hour notice for service cancellations, and refunds are handled on a case-by-case basis according to our terms of service agreement.
Egniol Services Private Limited is a business services company that likely provides professional support solutions to other organizations. The company may offer services such as consulting, administrative support, or specialized business process assistance to help clients optimize their operations and achieve their objectives.
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