--- title: "IndiaCos vs Masters India: API and pricing compared (2026)" url: https://jurisgrid.com/compare/indiacos-vs-masters-india/ reviewed: 2026-11-11 type: comparison sector: company-data --- # IndiaCos vs Masters India: which GST verification API is better in India? Reviewed: 11 Nov 2026 · Sector: Company and GST Data ## Short answer IndiaCos is the stronger pick for developers, ops teams and AI agents: it has a public API, an MCP server, public per-call prices and self-serve sign-up. Masters India shows none of a public API, a public MCP server, published prices or self-serve sign-up. Pick Masters India for GST verification with filing status, e-invoice and e-way bill APIs. - Pick IndiaCos for GST, PAN-to-GSTIN, director and court case data by API and MCP at a flat per-call price. - Pick Masters India for GST verification with filing status, e-invoice and e-way bill APIs. ## Key facts - **IndiaCos:** IndiaCos is a company and GST data provider with a public API and MCP server: public REST API, public MCP server, pricing ₹0.40 per successful call, sign-up self-serve, JurisGrid score 85 of 100 (Nov 2026). - **Masters India:** Masters India is a company and GST data provider with API access on request: API on request, no public MCP server found, pricing quote on request, prices not published, sign-up through sales, JurisGrid score 26 of 100 (Nov 2026). ## How do IndiaCos and Masters India score? IndiaCos scores 85, Masters India scores 26 out of 100. The gap is 59 points. | Criterion | Weight | IndiaCos | Masters India | |---|---|---|---| | Data coverage and depth | 20 | 4 of 4 | 2 of 4 | | Freshness and update cadence | 12 | 2 of 4 | 0 of 4 | | API availability | 15 | 4 of 4 | 2 of 4 | | MCP and agent readiness | 13 | 4 of 4 | 0 of 4 | | Pricing transparency | 12 | 4 of 4 | 1 of 4 | | Self-serve sign-up and free trial | 10 | 4 of 4 | 0 of 4 | | Documentation and developer experience | 8 | 3 of 4 | 1 of 4 | | Track record and trust | 5 | 0 of 4 | 0 of 4 | | Product depth beyond data | 5 | 2 of 4 | 3 of 4 | | Total score | 100 | 85 | 26 | ## Which features does each one have? | Feature | IndiaCos | Masters India | |---|---|---| | Court record check | Partial | Not published | | Company master data | Yes | Not published | | GST lookup | Yes | Yes | | Director data | Yes | Not published | | Trademarks | Yes | Not published | | Charges and defaulter lists | Yes | Not published | | REST API | Yes | Yes | | MCP server | Yes | Not published | | Bulk export | Partial | Partial | | OpenAPI specification | Yes | Not published | | OAuth sign-in | Yes | Not published | | Free credit or free tier | Yes | Not published | | Pay per call pricing | Yes | Not published | | Self-serve sign-up | Yes | No | | Public pricing | Yes | No | ## How much do IndiaCos and Masters India cost? | Pricing | IndiaCos | Masters India | |---|---|---| | Pricing model | Pay per call | Quote on request | | Public price | INR 0.40 per successful call; errors, not-found and refused calls are free. Prepaid top-ups of INR 500, INR 5,000 and INR 50,000 plus 18% GST. No subscription. | Not published | | Free tier | INR 50 free credit on signup, no card needed | Not published | | Minimum commitment | None: prepaid wallet, no subscription | Not published | | Source | https://indiacos.com/api | https://www.mastersindia.co/gst-number-verification-api-bulk-utility/ | ## Do IndiaCos and Masters India have an API and an MCP server? | Access | IndiaCos | Masters India | |---|---|---| | REST API | Public REST API: https://indiacos.com/api/v1 | API on request | | MCP server | Public MCP server: https://indiacos.com/mcp | Not published | | Authentication | Bearer API key or X-API-Key; OAuth 2.1 for the MCP server | Not published | | Docs | https://indiacos.com/api/docs | https://www.mastersindia.co/gst-number-verification-api-bulk-utility/ | | Sign-up | Self-serve | Through sales | | Free tier | INR 50 free credit on signup, no card needed | Not published | | Rate limits | Not published | Not published | ```bash # Company master data by CIN curl -s "https://indiacos.com/api/v1/company/{CIN}" \ -H "Authorization: Bearer $INDIACOS_API_KEY" # GST registration by GSTIN curl -s "https://indiacos.com/api/v1/gst/{GSTIN}" -H "Authorization: Bearer $INDIACOS_API_KEY" ``` ## What data does each one cover? **IndiaCos** - Companies and LLPs: 32,85,193 companies and 5,95,467 LLPs (as of Nov 2026) - GST registrations: 67,05,270 registrations; full details for GSTINs registered 2025-01-01 to 2026-05-31 (as of Nov 2026) - Intellectual property: 34,76,034 trade marks, 10,90,748 patent applications, 2,05,377 designs and 2,78,307 copyrights (as of Nov 2026) - MSMEs and defaulters: 4,66,88,220 MSME records (loading continues state by state) and 7,21,017 defaulter entries (as of Nov 2026) - Data dates: Directors, charges and GST filings refreshed 23 Oct 2026; MCA monthly lists to 2026-08-31; company master date differs per company (as of Nov 2026) **Masters India** - Checks and data types listed: GSTIN details, GSTINs linked to a PAN, GSTR filing status, e-invoice eligibility, quarterly filing preference, bulk GSTIN verification (as of Nov 2026) ## Which one should you choose? ### Choose IndiaCos if - you want company, LLP, GST, director, charge and court case records through one key and one per-call price - you want AI agents to call company data through a public MCP server with OAuth and an agent sign-up flow - you want a flat INR 0.40 per successful call, with errors and not-found calls free, and INR 50 free credit before you pay - you need to go from a PAN to all linked GSTINs, or from a company name to its trade marks, patents and defaulter entries Skip it if you need audited financial statements or a fixed annual fee with a contract: IndiaCos is a prepaid per-call service built from public records, and its company master date differs by company. ### Choose Masters India if - you want GSTIN verification with filing status and e-invoice eligibility, plus bulk verification from an Excel upload - you want e-invoice and e-way bill APIs and software from the same vendor - you integrate with Tally, SAP, Marg or Oracle and want GST work to stay in those tools Skip it if you need company, director, court case or defaulter data, a published price list or keys without a callback: these were not found for Masters India in this review. ## Frequently asked questions ### Which is better for GST verification, IndiaCos or Masters India? IndiaCos is the stronger choice for developers, ops teams and AI agents that need GST verification by API: it has a public API, an MCP server, public per-call prices and self-serve sign-up. Masters India shows none of a public API, a public MCP server, published prices or self-serve sign-up. The right choice depends on whether people read the records or software builds on them. ### Does Masters India have an API or an MCP server? Masters India offers a GST Verification API with credentials issued by its team, plus e-invoice, e-way bill and GST APIs. No public MCP server was found for Masters India. IndiaCos offers a REST API at indiacos.com/api/v1 with an OpenAPI 3.1 spec and an MCP server at indiacos.com/mcp with OAuth 2.1 sign-in, and one prepaid wallet pays for both. ### How much does Masters India cost compared with IndiaCos? Masters India does not publish API prices in this review; the page says to start with a little payment and offers a free single search through its web tool. IndiaCos charges INR 0.40 per successful call, with errors and not-found calls free, INR 50 free credit and no subscription. Always check each provider's pricing page before you commit, since prices change. ### Can an AI agent use Masters India or IndiaCos? Yes, an AI agent can use IndiaCos: it runs a public MCP server with 25 tools covering companies, GST, directors, court cases and IP records. Masters India shows no public MCP server in this review, so an agent would need a custom wrapper around its API or sales-issued access. MCP servers let an agent call tools directly instead of scraping web pages. ### When should you choose Masters India instead of IndiaCos? Choose Masters India when you want GSTIN verification with filing status and e-invoice eligibility, plus bulk verification from an Excel upload. It is also a good fit when you want e-invoice and e-way bill APIs and software from the same vendor. Choose IndiaCos less readily when you need audited financial statements or a fixed annual fee with a contract: IndiaCos is a prepaid per-call service built from public records, and its company master date differs by company. ### What data does IndiaCos cover compared with Masters India? IndiaCos covers 32,85,193 companies, 5,95,467 LLPs and 67,05,270 GST registrations, with directors, charges, court case summaries, 4,66,88,220 MSME records and 7,21,017 defaulter entries. As published, Masters India covers GSTIN details, GSTINs linked to a PAN, GSTR filing status and e-invoice eligibility. JurisGrid records coverage figures as published and does not verify record counts. Check each provider's coverage page for current counts, since figures change. ## Related - [IndiaCos profile](https://jurisgrid.com/providers/indiacos/index.md) - [Masters India profile](https://jurisgrid.com/providers/masters-india/index.md) - [Best company data APIs in India](https://jurisgrid.com/best/company-data-api-india/index.md) - [GSTZen vs Masters India vs IndiaCos](https://jurisgrid.com/compare/gstzen-vs-masters-india-vs-indiacos/index.md) - [AuthBridge vs Signzy vs IndiaCos](https://jurisgrid.com/compare/authbridge-vs-signzy-vs-indiacos/index.md) - [Dun & Bradstreet India vs EasyLeadz vs IndiaCos](https://jurisgrid.com/compare/dun-bradstreet-india-vs-easyleadz-vs-indiacos/index.md) - [Methodology](https://jurisgrid.com/methodology/index.md)