RegTech infrastructure — outbound capital

Indian capital should leave the country at the speed of law, not paperwork.

CorpVidesh AI is a supervised rail for outbound remittance by the treasuries of India's top 1,000 companies by net worth — to 52 international finance hubs, with six Indian regulators reading the same record at the same moment.

Open treasury console Enter supervisor view Investor brief

Live instrument — Rule 7 financial commitment headroom Demo entity

Ceiling — 400% of net worth

₹1,92,800 Cr

Utilised commitment

₹0 Cr

Remaining headroom

₹71,500 Cr

75% alert

In plain words: the law lets this company commit up to four times its net worth abroad. The bar shows how much of that is already spoken for — before a single rupee moves.

Time to clearance

9 min

28 days today

The problem

The money is legal. The proof that it is legal takes twenty-eight days.

An Indian company investing abroad must satisfy FEMA, the ODI/OPI Rules, its authorised dealer bank, the Income-tax Act's withholding regime and a chartered accountant's certificate — each on a different document set, none of them talking to the other.

Nothing is illegal about the transaction. What is expensive is proving it, again and again, on paper, to five parties who each rebuild the same file from scratch.

Capital sits idle while a legal question that a machine can settle in minutes is answered by couriered PDFs.

28 days

Median clearance for a first-time outbound corridor

5 parties

Rebuilding the same document set independently

9 stages

From board resolution to FIRC reconciliation

₹6–8k Cr

Annual value released if the wait collapses

52 hubs — routing map

Every corridor out of GIFT City, with the law already attached.

View all 52 as a table

Corridor 01 / 52

Singapore

Applicable route: ODI / OPI
Treaty position: DTAA + LOB
Withholding — s.195 view: 10% / 15%
Typical clearance today: 24 days
On CorpVidesh rail: 9 minutes

Most-used holding jurisdiction for Indian outbound; Rule 7 headroom tested against consolidated net worth.

Hover or tap any node. Prototype data — indicative, not advice.

Six regulators, one record

Supervision, not reporting.

Existing systems tell the regulator what happened after it happened. On this rail the regulator is a participant in the record while the transaction is still forming — reading the same ledger the treasury writes to.

IFSCA

International Financial Services Centres Authority

Sees: Unit-level transaction record inside GIFT IFSC
When: At origination, live
Receives: Rail membership + full ledger read

RBI

Reserve Bank of India

Sees: Rule 7 headroom, ODI/OPI route, LRN lifecycle
When: Pre-remittance, live
Receives: Zero-knowledge headroom proof

SEBI

Securities and Exchange Board of India

Sees: Listed-entity disclosure and related-party overlap
When: On event trigger
Receives: Signed disclosure hash

MCA

Ministry of Corporate Affairs

Sees: Beneficial ownership and step-down subsidiary chain
When: On structure change
Receives: UBO chain attestation

CBDT

Central Board of Direct Taxes

Sees: Section 195 position, 15CA-15CB pairing
When: At filing
Receives: Machine-checkable 15CB lineage

AD Bank

Authorised Dealer Category-I

Sees: Full documentary set and FIRC reconciliation
When: At execution
Receives: Complete evidence bundle

Technology — and why this technology

Five layers. Each chosen because a regulator would refuse the alternative.

Reasoning layer

A domain-tuned LLM with retrieval over FEMA, the ODI/OPI Rules 2022, Master Directions, Income-tax s.195 and every applicable DTAA. It cites the provision it relied on, so a lawyer can audit the answer.

Statutory guardrail

Deterministic rule code — not the model — decides ceilings, routes and prohibited sectors. The model drafts; the rules engine holds the veto.

Evidence ledger

Hyperledger Fabric with the regulator as a channel member. Every document, version and approval is append-only and time-anchored.

Proof layer

Groth16 zero-knowledge circuits prove ceiling compliance without revealing the balance sheet behind it.

Sovereign rail

India-resident deployment inside the GIFT IFSC perimeter, with AD-bank and regulator endpoints rather than a public API.

Proof, not disclosure

Proof artefact

Headroom proof — no balance sheet shown

The regulator needs one fact: this remittance stays inside the Rule 7 ceiling. It does not need the company's net worth, its cash position, or its pipeline. A zero-knowledge proof settles the fact and discloses nothing else.

scheme      groth16 (bn254)
statement   utilised + proposed <= 4 x net_worth
public      ceiling_commitment, epoch, entity_id
private     net_worth, utilised, proposed
proof       0x8f31a4...c02e   (192 bytes)
anchor      block 4,821,306

01Loading Groth16 verification key
02Reading public inputs — ceiling, commitment hash, epoch
03Checking pairing equation
04Anchoring result to evidence ledger

Result

Awaiting verification

Who this is for

Treasuries of the top 1,000

Listed and unlisted Indian companies by net worth, running outbound investment programmes across multiple jurisdictions and subsidiaries.

Authorised dealer banks

AD Category-I desks that today rebuild every file by hand and carry the compliance risk of a client's paperwork.

Regulators at GIFT City

IFSCA, RBI, SEBI, MCA and CBDT touchpoints that gain live visibility instead of retrospective returns.

GIFT City pilot

One corridor, one quarter, one regulator on the ledger.

The prototype runs the GIFT IFSC to Singapore corridor end to end — board resolution, Rule 7 proof, 15CA/15CB pairing, AD bank execution and FIRC reconciliation — with the supervisor view live throughout.

Walk the nine stages Read the investor brief Open the GIFT desk

Documents

PDF · 22 pages

Master Integrated Dossier

The full technical and statutory dossier — technology choices, mechanism matrix, ownership matrix and financial impact.

Download

PDF · 21 slides

Venture Capital Deck

Swiss-grade investor narrative: the problem, the rail, the market and why global incumbents do not compete here.