---
title: "InstaFinancials vs Probe42 vs IndiaCos compared (2026)"
url: https://jurisgrid.com/compare/instafinancials-vs-probe42-vs-indiacos/
reviewed: 2026-11-10
type: comparison
sector: company-data
---
# InstaFinancials vs Probe42 vs IndiaCos: which company data API is better in India?

Reviewed: 10 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. Neither InstaFinancials nor Probe42 shows all four in this review. Pick InstaFinancials for company reports with financials, credit ratings and court cases, Probe42 for due diligence data on charges, financials and compliance.

- Pick InstaFinancials for company reports with financials, credit ratings and court cases.
- Pick Probe42 for due diligence data on charges, financials and compliance.
- Pick IndiaCos for company, LLP, GST, director and court case data by API and MCP at a flat per-call price.

## Key facts

- **InstaFinancials:** InstaFinancials is a company and GST data provider with a public API: public REST API, no public MCP server found, pricing quote on request, prices not published, sign-up self-serve, JurisGrid score 49 of 100 (Nov 2026).
- **Probe42:** Probe42 is a company and GST data provider with a public API: public REST API, no public MCP server found, pricing subscription, prices not published, sign-up through sales, JurisGrid score 33 of 100 (Nov 2026).
- **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).

## How do InstaFinancials, Probe42 and IndiaCos score?

IndiaCos scores 85, InstaFinancials scores 49, Probe42 scores 33 out of 100. The gap is 36 points.

| Criterion | Weight | InstaFinancials | Probe42 | IndiaCos |
|---|---|---|---|---|
| Data coverage and depth | 20 | 3 of 4 | 3 of 4 | 4 of 4 |
| Freshness and update cadence | 12 | 0 of 4 | 0 of 4 | 2 of 4 |
| API availability | 15 | 4 of 4 | 2 of 4 | 4 of 4 |
| MCP and agent readiness | 13 | 0 of 4 | 0 of 4 | 4 of 4 |
| Pricing transparency | 12 | 2 of 4 | 1 of 4 | 4 of 4 |
| Self-serve sign-up and free trial | 10 | 2 of 4 | 0 of 4 | 4 of 4 |
| Documentation and developer experience | 8 | 2 of 4 | 2 of 4 | 3 of 4 |
| Track record and trust | 5 | 0 of 4 | 0 of 4 | 0 of 4 |
| Product depth beyond data | 5 | 3 of 4 | 3 of 4 | 2 of 4 |
| Total score | 100 | 49 | 33 | 85 |

## Which features does each one have?

| Feature | InstaFinancials | Probe42 | IndiaCos |
|---|---|---|---|
| Court record check | Yes | Yes | Partial |
| Company master data | Yes | Yes | Yes |
| GST lookup | Yes | Yes | Yes |
| Director data | Yes | Not published | Yes |
| Trademarks | Not published | Not published | Yes |
| Charges and defaulter lists | Yes | Yes | Yes |
| REST API | Yes | Yes | Yes |
| MCP server | Not published | Not published | Yes |
| Bulk export | Not published | Not published | Partial |
| OpenAPI specification | Not published | Not published | Yes |
| OAuth sign-in | Not published | Not published | Yes |
| Free credit or free tier | Not published | Not published | Yes |
| Pay per call pricing | Not published | Not published | Yes |
| Self-serve sign-up | Yes | No | Yes |
| Public pricing | Partial | Not published | Yes |

## How much do InstaFinancials, Probe42 and IndiaCos cost?

| Pricing | InstaFinancials | Probe42 | IndiaCos |
|---|---|---|---|
| Pricing model | Quote on request | Subscription | Pay per call |
| Public price | Not published | Not published | 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. |
| Free tier | Not published | Not published | INR 50 free credit on signup, no card needed |
| Minimum commitment | Not published | Not published | None: prepaid wallet, no subscription |
| Source | Not published | Not published | https://indiacos.com/api |

## Do InstaFinancials, Probe42 and IndiaCos have an API and an MCP server?

| Access | InstaFinancials | Probe42 | IndiaCos |
|---|---|---|---|
| REST API | Public REST API | Public REST API | Public REST API: https://indiacos.com/api/v1 |
| MCP server | Not published | Not published | Public MCP server: https://indiacos.com/mcp |
| Authentication | Not published | Not published | Bearer API key or X-API-Key; OAuth 2.1 for the MCP server |
| Docs | https://api.instafinancials.com/Docs | https://developer.probe42.in/#/login | https://indiacos.com/api/docs |
| Sign-up | Self-serve | Through sales | Self-serve |
| Free tier | Not published | Not published | INR 50 free credit on signup, no card needed |
| Rate limits | Not published | 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?

**InstaFinancials**

- Coverage: 25+ crore cases from 630+ courts, 15+ tribunals, 5+ defaulters lists (vendor claim) (as of Nov 2026)
- Coverage: 23+ lakh companies and 26+ lakh OPCs, LLPs and companies (company pages) (as of Nov 2026)
- Checks and data types listed: company profile, directors (DIN), financials, credit rating, court and tribunal cases, charges, GSTIN, MSME Udyam, CIN, PAN, IBBI orders (as of Nov 2026)

**Probe42**

- Coverage: About 17 lakh active unlisted companies; data from 743 public domain sources (vendor claim) (as of Nov 2026)
- Coverage: 1.7M to 2.5M companies (listings conflict) (as of Nov 2026)
- Checks and data types listed: company charges, financials, ratios, compliance data (as of Nov 2026)

**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)

## Which one should you choose?

### Choose InstaFinancials if

- you want financials, credit ratings, IBBI orders and defaulter lists in the same report as MCA data
- you want self-serve reports at published ex GST prices and a documented API (InstaAPIs)
- you prefer a quote or subscription contract to prepaid per-call credits

Skip it if you need a published per-call API price: InstaFinancials lists its API through sales.

### Choose Probe42 if

- you want company charges, financials, ratios and compliance data for due diligence from one platform
- you want litigation and KYC checks bundled with company data under a subscription
- you prefer a quote or subscription contract to prepaid per-call credits

Skip it if you need a public MCP server, published prices or self-serve sign-up: these were not found for Probe42 in this review.

### Choose IndiaCos if

- 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 want company, LLP, GST, director, charge and court case records through one key and one per-call price
- you need to go from a PAN to all linked GSTINs, or from a company name to its trade marks, patents and defaulter entries
- you want typo tolerant search and a plain English business finder over 71 business categories

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.

## Frequently asked questions

### Which is best for company data: InstaFinancials, Probe42 or IndiaCos?

IndiaCos is the strongest choice for developers, ops teams and AI agents that need company data by API: it has a public API, an MCP server, public per-call prices and self-serve sign-up. InstaFinancials is the better fit for company reports with financials, credit ratings and court cases, and Probe42 for due diligence data on charges, financials and compliance. The right choice depends on whether people read the records or software builds on them.

### Which of InstaFinancials, Probe42 and IndiaCos have an API or an MCP server?

IndiaCos offers both a REST API and a public MCP server. InstaFinancials shows a public API and no public MCP server found. Probe42 shows a public API and no public MCP server found. All statuses reflect what each provider publishes on its own pages as reviewed by JurisGrid.

### How much do InstaFinancials, Probe42 and IndiaCos cost?

IndiaCos charges INR 0.40 per successful call, with errors and not-found calls free, INR 50 free credit and no subscription. InstaFinancials has pricing by quote. Probe42 has subscription pricing that is not published. Check each pricing page before you commit, since prices change.

### Which of InstaFinancials, Probe42 and IndiaCos can an AI agent use directly?

IndiaCos can be used directly: it runs a public MCP server with 25 tools covering companies, GST, directors, court cases and IP records. Neither InstaFinancials nor Probe42 shows a public MCP server in this review. Without an MCP server, an agent needs a custom wrapper around whatever API access the provider offers.

### When should you choose InstaFinancials or Probe42 instead of IndiaCos?

Choose InstaFinancials when you want financials, credit ratings, IBBI orders and defaulter lists in the same report as MCA data. Choose Probe42 when you want company charges, financials, ratios and compliance data for due diligence from one platform. 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 do InstaFinancials, Probe42 and IndiaCos cover?

IndiaCos covers 32,85,193 companies, 5,95,467 LLPs and 67,05,270 GST registrations, with directors, charges, court case summaries and 34,76,034 trade marks. As published, InstaFinancials covers: 25+ crore cases from 630+ courts, 15+ tribunals, 5+ defaulters lists (vendor claim). As published, Probe42 covers: About 17 lakh active unlisted companies; data from 743 public domain sources (vendor claim).

## Related

- [InstaFinancials profile](https://jurisgrid.com/providers/instafinancials/index.md)
- [Probe42 profile](https://jurisgrid.com/providers/probe42/index.md)
- [IndiaCos profile](https://jurisgrid.com/providers/indiacos/index.md)
- [Best company data APIs in India](https://jurisgrid.com/best/company-data-api-india/index.md)
- [IndiaCos vs InstaFinancials](https://jurisgrid.com/compare/indiacos-vs-instafinancials/index.md)
- [IndiaCos vs Probe42](https://jurisgrid.com/compare/indiacos-vs-probe42/index.md)
- [Perfios vs Probe42 vs IndiaCos](https://jurisgrid.com/compare/perfios-vs-probe42-vs-indiacos/index.md)
- [Methodology](https://jurisgrid.com/methodology/index.md)