11 months ago
They charge us for msme and other loans but never got any application update and also not satisfied experience from team and they just charge you after that nothing happens even swapnil joshi who has... See more
11 months ago
pathetic company . Pathetic Service. They will take money and vanish
11 months ago
Entrepenuers, beware of Egniol. They will sweet talk you into trusting them to get you funding from non-dilutionary sources. After that they will submit an application on your behalf in two hours, whi... See more
11 months ago
This company appears to be engaging in fraudulent practices that directly undermine the very foundation of India’s startup ecosystem. By making false promises to early-stage startups and vanishing aft... See more
They charge us for msme and other loans but never got any application update and also not satisfied experience from team and they just charge you after that nothing happens even swapnil joshi who has to update his phones r switched off no updates and it is pathetic
pathetic company . Pathetic Service. They will take money and vanish
Entrepenuers, beware of Egniol. They will sweet talk you into trusting them to get you funding from non-dilutionary sources. After that they will submit an application on your behalf in two hours, which will normally take you 2-3 days to fill-out even when you know your own company. I found that out after I paid them. Of course, none of those application will ever get accepted. Not sure if they are scammers, but definitely not competent. Furthermore, they will take no action later. Best to stay away from them. -Shiladitya Sen
This company appears to be engaging in fraudulent practices that directly undermine the very foundation of India’s startup ecosystem. By making false promises to early-stage startups and vanishing after receiving payments, they are not just scamming individual businesses—they are attempting to destabilize the larger initiative led by the Indian Government to promote innovation and entrepreneurship. Our experience was one of blatant deception. The team was aggressive and persistent before payment, offering assurances of timely delivery and high-quality work. However, once the payment was made, they ceased communication entirely. Calls and messages went unanswered, and the deliverables—if any—were far below acceptable standards. This is a clear case of misrepresentation and financial exploitation, particularly targeted at startups who operate with limited resources and rely heavily on trust and timely execution. Such actions are not just unethical; they are criminal. We are preparing to take legal action and will also file a formal complaint with the Ministry of Corporate Affairs, Startup India, and relevant cybercrime authorities. These practices must be exposed to prevent further exploitation of emerging businesses in India. We strongly urge others to avoid engaging with this company. Protect your time, money, and your vision.
Overpriced services that the founder can do themselves. They charged 25k+ for creating a pitch deck PPT and filling out the application to submit it on the SISFS portal. No value add in pushing applications through, follow-up with incubators etc. Not sure why we need to pay for this! Waste of money
Good work nice service l
Thank you egniol for refunding money
मैंने इस कंपनी में 6000.00 पेमेंट देकर MSME LOAN के लिए प्रोसेस करवाया था, परन्तु अभी तक मुझे कोई भी लोन प्राप्त नहीं हुआ हैI इस विषय में मेरी कंपनी से बात चल रही हैI जब ये मेरी प्रोसेसिंग फीस 6000.00 वापिस कर देंगे तभी मेरा कंपनी के प्रति सकारत्मक विश्वास होगा I WHATS IMPORTANT FOR PEOPLE TO KNOW
MYSELF MUKESH SINGH SOLANKI SOLANKI MY COMPANY IS "FOOD AT HOME", I APPLIED FOR MSME LOAN THROUGH EGNIOL. I AM SATISFIED WITH THEM
very good servis
Me and my company is about to be cheated today of around 2.5 LACS, but thanks to the trustpilot.com, as due to all its review I come to know all the fradulent practices of EGNIOL and make a narrow escape from the trap of this scammer company.
Don't waste your time and money with this fraud company. They are collecting money from you for their staff and office expenses nothing else. I am Jayraj Gadesha. I applied for a loan from government schemes in January-25 in 2 names. 1 is in my Wife's name Women Prosperity Grant upto Rs.7 lacs and the other in my name. Your Bill No.S28410 dtd.22-01-25 amount 17,700/-. My application for loan. After 4 months no response and results. So don't be fool and go for another way.
Very Bad Service about these company .. there are froud
It’s a carefully crafted scam. I girl named Bhavika Rathore or Prachi will call you and pursue you tirelessly. They will create the urgency of some fictitious deadlines for you to pay up. There will be legal teams. Negotiations. And exchange of documents and once you pay up they will create a WhatsApp group to keep you informed of you may be receiving sone emails from the granting bodies etc. Nothing will ever happen and then your time frame will be up and you will end up frustrated. The police commissioner of Ahmedabad or Gujarat crime branch should investigate the company
Egniol is the cheating company please don't pay any amount please take care from this company
I had refused to join and only after immense pursuasion and written commitments from Mr.Nagesh Maheriya i agreed , Like everyone else has said they apply to any and all and it feels like they are doing a lot but the fact of the matter is the presentations they make for u are of inferior quality, the information they share with you with respect to how to go about followups and reviews is useless and then the people keep dropping out of the whatsapp group, someone you spoke to once vanishes after a few months,When u ask for a review or edit , they take weeks to respond , and then yoiu miss the bus for some grants, Basically it creates the few certificated available for getting done at 10-15k online , then they randomly apply to any and al grants , which they must have a databse of , but thereon nothing else happens.. A huge waste of time and money
After sending the money you will get below response, but nothing will happen. I disappointed "We’re writing to update you on the current status of your application. At present, your file is in the "Submitted" stage, and all associated services have been completed. Please note that results may be released at any time. We kindly recommend that you regularly check your registered email inbox as well as your spam/junk folder for any communication. As soon as you receive an update, please inform us so we can assist you promptly with the next steps. Rest assured, our team will continue to stay in touch and support you throughout the process. If you have any questions in the meantime, please don’t hesitate to reach out."
They take money from hard working individuals by giving them false promises of government schemes for the growth of business. Once they charge you the fees they will stop responding to you. I myself have paid them 60000 and they stopped giving me any kind of assistance just after the payment was received. They take the hopes and dreams of hardworking entrepreneurs and use it against to scam people. Initially they will tell you that you are eligible for lakhs and crores of government funding and there are a lot of schemes for your business , but just after you pay them they will tell you that for some reason you are not eligible and it's the government's fault and your own fault that you are doing that business. They will also make you sign an undertaking so that you can bad mouth them anywhere or they will sue you. Do not fall for such traps.keep your hard earned money and don't go for such short cuts cause all them a just scams ready to grab your hard earned money.
This is a fraud company , they asked for fees as they are committed to deliver and after fees submition they become invisible and untraceable. Total waste of money , new method of fraud in the name of govt. Loan approval
Team There is no response from them after taking payment...as said by others, they randomly file in some loan schemes just to drag the time
Based on analysis of 78 reviews rated 1-2 stars for Egniol Services Private Limited
“Entrepenuers, beware of Egniol”
“pathetic company”
“This company appears to be engaging in fraudulent practices that directly undermine the very foundation of India’s st...”
“They charge us for msme and other loans but never got any application update and also not satisfied experience from t...”
“It’s a carefully crafted scam”
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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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Egniol Services Private Limited receives overwhelmingly negative feedback from consumers, with a staggering 79% of reviews rating it 1 star. Many reviewers describe the company as a scam, alleging that it takes money for services related to MSME loans without delivering any results or updates. Common complaints highlight a lack of communication and follow-through, with customers feeling deceived by false promises and overpriced services. Despite a few positive remarks praising the quality of service and refunds, these are vastly outnumbered by critical accounts of fraud and exploitation. People warn others to avoid engaging with Egniol, citing experiences of wasted time and money. Overall, the sentiment surrounding Egniol is predominantly negative, with many urging caution against its practices.
