Know your Indian partner before your name goes on the gate. Partner due diligence for foreign schools and universities

Independent, partner-led due diligence on the Indian promoters, joint-venture partners and campus service providers who approach you. Three fixed-fee tiers, from a discreet 4-week screen to full 12-week diligence.

Tier 1, Red-Flag Screen
Promoter group, Western India
Sample
  • Ownership and controlVerified
  • Litigation and sanctionsVerified
  • Regulatory recordVerified
  • Existing schoolsCorroborated
  • Earlier brand tie-upUnconfirmed
VerdictProceed with caution
Signed by a MAS partner
50+ yearsof combined experience in Indian education
Partner-leda MAS partner signs every verdict
On your sidewe act only for the foreign institution
Fixed feesin US dollars, never open-ended

Three tiers. Fixed fees.

Each tier answers a sharper question than the one before. Stop after any tier, or move up with the earlier work carried forward.

Which fees would you like to see?

Tier 1, 4 weeks

Red-Flag Screen

Promoter, integrity and reputational due diligence

USD 5,000

Fixed fee for schools

“Should we keep talking?”

  • Fully discreet: we never contact the promoter
  • Ownership, control and beneficial owners
  • Litigation, sanctions and adverse media
  • 3–4 discreet source enquiries
  • Go, Caution or Stop verdict
Recommended for licensing decisions Tier 2, 8 weeks

Partner Assessment

Enhanced due diligence

USD 12,500

Fixed fee for schools

“Is this the right partner?”

  • Everything in Tier 1, in more depth
  • Two partner-led promoter meetings
  • Visits to existing institutions
  • Financial capacity and source of funds
  • Scored report for your governors
Tier 3, 12 weeks

Comprehensive Diligence

Full-scope due diligence

USD 25,000

Fixed fee for schools

“Can we sign, and on what terms?”

  • Everything in Tier 2
  • Visit to the proposed site
  • Legal, title and financial due diligence
  • Regulatory approvals roadmap
  • Deal protections for every risk found
  • Conditions-to-signing schedule

Partner Monitoring, after you sign

Quarterly re-screening for litigation, regulator action, adverse media and changes in control. An alert within 5 working days of anything material, and an annual partner-led check-in with fresh local enquiries. Available after Tier 2 or 3.

Add-onUSD 3,000per partner, per year

Fees are fixed, quoted in US dollars and exclusive of applicable taxes and travel. Work beyond the agreed scope is quoted in advance as a fixed add-on.

Coverage, scope and deliverables

What you will know at the end of each tier, and what you will hold in your hands.

Tier 1: Red-Flag Screen

Promoter, integrity and reputational due diligence. A discreet screen that tells you whether the group is worth more of your time. We never contact the promoter at this stage.

CoverageThe promoter group and its controlling persons

What you will know

  • Who really owns and controls the groupCompany, trust and director records, confirmed through discreet enquiries.
  • Whether the group has a clean recordLitigation, regulator orders, sanctions, politically exposed persons and adverse media, including regional-language press.
  • How its schools or colleges have faredRecognition record, disputes, and why any earlier brand tie-ups ended.
  • What people say in confidence3–4 discreet source enquiries with people who know the group.

What you receive

  • Red-Flag Memo, 8–12 pages, with a Go, Proceed with caution or Stop verdict
  • One-page board summary and group structure chart
  • Readout call with the signing partner

Key sources

Deep-dive desktop researchacross Indian corporate, court, regulatory and education recordsDiscreet enquirieswith people who know the group, in confidence

Not included: contact with the promoter, site visits, legal opinion on title, audit or tax advice.

Tier 2: Partner Assessment

Enhanced due diligence. We meet the promoter, visit the institutions it runs and test whether it can fund what it promises.

CoverageTier 1 coverage, plus the group's existing institutions and senior management

What you will know

  • Everything in Tier 1, in more depth
  • Whether the promoter's story holds upTwo partner-led meetings with the promoter, family members and executives.
  • Whether the documents match the pitchAccounts, approvals, land papers and earlier agreements, reviewed under NDA.
  • How their institutions are really runA day at up to two existing schools or campuses: leadership, teaching and safeguarding.
  • Whether they can fund the projectFinancial capacity, source of funds and realistic fee and enrolment assumptions.
  • Whether they fit your brandMarket, positioning and cultural fit, tested through 2–3 references and 6–8 source enquiries.

What you receive

  • Partner Readiness Report, 25–35 pages, with scorecard and recommendation
  • Paper for your governors or council, 3–4 pages
  • Red-flag register with a mitigation for each item
  • Readout and one session with your board

Key sources

Everything in Tier 1, plus promoter documents under NDA, management meetings, institution visits and structured references.

Not included: legal opinion on title, audit or tax advice.

Tier 3: Comprehensive Partner Diligence

Full-scope due diligence. Everything you need before signing, with protections set out for each risk we find.

CoverageTier 2 coverage, plus every site, institution, approval and material contract relevant to the partnership

What you will know

  • Everything in Tier 2
  • Whether the proposed site is real and usableA visit to the site, checked against title, land-use and approval records.
  • Whether you can sign safelyLegal and title due diligence through our partner law firm.
  • Whether the money adds upFinancial due diligence on fund flows, related parties and hidden liabilities.
  • How long approvals will really takeA regulatory roadmap: recognition, affiliation and building approvals, or the UGC or IFSCA steps for universities.
  • Whether the launch plan is credibleBusiness plan and operational readiness, tested against comparable launches.
  • What protections to ask forConditions before signing, step-in, exit and student-protection terms for your lawyers.

What you receive

  • Comprehensive Diligence Report, 50–80 pages, with a signed recommendation
  • Legal and title report from our partner law firm
  • Conditions-to-signing schedule and risk register
  • Board presentation, two follow-up sessions and a 90-day watchlist

Key sources

Everything in Tiers 1 and 2, plus a virtual data room, title records, financial records and published approval norms.

Not included: tax advice, drafting of agreements or an audit opinion.

What a database will never tell you

Public registers are where we start. The value is in what experienced people find, test and judge on the ground.

Discreet source enquiries

Confidential conversations with heads, former staff, operators and consultants who know the group. Never references chosen by the promoter.

Institution and site visits

Seeing how the group's schools or colleges really run in Tier 2, and the proposed site itself in Tier 3.

Partner-led meetings

A MAS partner tests the promoter's story against the evidence, and reads who really decides.

Reference calls

Earlier brand partners and institutions served speak candidly to a peer adviser.

Education judgement

Knowing whether a finding is fatal, fixable or normal in Indian education.

Every finding graded

  • Verifieda document, or two independent sources
  • Corroboratedone credible source, consistent with the rest
  • Unconfirmedraised but unproven, and always labelled so

For foreign universities

The tiers keep the same structure. What changes is who we assess, and the checks we add for each route into India.

UGC route, mainland India

Indian joint-venture partner

Under the UGC's 2023 regulations a foreign university may set up its campus in a joint venture with an Indian company or institution, holding the majority itself.

We assess
The Indian partner's control, funding, land and track record
Added checks
Recognition and regulator actions against its institutions, accreditation and rankings, earlier foreign collaborations, foreign-exchange compatibility of its capital
Tier 3 adds
JV governance and majority control rights, campus land against university norms, path to UGC approval
Sources
UGC lists and notices, AICTE, NAAC, NIRF and AISHE
GIFT City route, IFSCA

Academic Infrastructure Service Provider

In GIFT City the campus is a branch of the foreign university. An Indian AISP provides campus and support services, without equity.

We assess
The provider's capacity to build, fund and run its services for years
Added checks
GIFT SEZ unit status, premises and lease, services already delivered, capacity to fund fit-out
Tier 3 adds
Service levels, step-in and continuity rights, IFSCA requirements for campuses using AISPs
Sources
IFSCA registrations and circulars, GIFT SEZ approvals, references from universities served

Choosing between providers? We can assess two or three side by side for one decision, quoted as a fixed add-on.

From first call to signed verdict

  1. Confidential call

    Tell us who approached you and what you are weighing. We recommend a tier.

  2. Conflict check

    We confirm we do not act for the promoter, then issue a fixed-fee letter.

  3. Diligence

    Research, visits and enquiries, with a status call at the end of week 2.

  4. Signed verdict

    Your report and board material, with a readout from the partner who signed it.

Questions

Still unsure which tier fits? Ask us in confidence.

What is partner due diligence?
An independent check on an Indian organisation before a foreign school or university enters a partnership, brand licence or joint venture with it. It establishes who owns and controls the partner, its legal and regulatory record, its reputation, its finances and whether the proposed site is real and usable.
How much does it cost and how long does it take?
Three fixed fees. Tier 1 Red-Flag Screen takes 4 weeks and costs USD 5,000 for schools or USD 8,500 for higher education. Tier 2 Partner Assessment takes 8 weeks and costs USD 12,500 or USD 20,000. Tier 3 Comprehensive Partner Diligence takes 12 weeks and costs USD 25,000 or USD 40,000. Fees exclude applicable taxes and travel.
Will the promoter know we are checking them?
Never in Tier 1, which is entirely discreet. Tiers 2 and 3 include meetings with the promoter and a document request, so the promoter will know, and any reluctance to cooperate is itself reported as a finding.
How is this different from a background check?
A background check reports what is already published. MAS Advisory adds discreet source enquiries with people who know the promoter, institution and site visits, partner-led meetings and the judgement of a team with 50+ years of combined experience in Indian education. A MAS partner signs every verdict.
Do you cover foreign universities under UGC and GIFT City?
Yes. Under the UGC 2023 regulations we assess the Indian company or institution proposed as the joint-venture partner. In GIFT City we assess the Academic Infrastructure Service Provider (AISP) that will deliver campus and support services under IFSCA rules. Our India entry guide explains both routes.
Is the engagement confidential?
Yes. The engagement and its findings are confidential to you. People we speak to are never named in reports without their consent, and we use only public records, documents the promoter provides and consenting conversations.
Do you give legal or tax opinions?
Legal and title review is part of Tier 3 and is delivered through our partner law firm. MAS Advisory does not give tax opinions.

Tell us who has approached you.

We reply personally within 2 working days, and every enquiry stays confidential.

WhatsApp
+91 96671 92823
Email
partnerships@myedge.in

We respond within 2 working days.