Egniol is a startup consultancy company in India that claims to help entrepreneurs establish and grow their businesses by providing various services. However, there have been concerning allegations and complaints about Egniol’s claims and practices. This article will analyze user reviews and highlight the key concerns to determine if Egniol is a reliable service provider or not.
What is Egniol?
Egniol is a consultancy firm that offers various services like startup registration, government certifications, MSME loans, digital marketing, website development, fundraising assistance, etc. to help entrepreneurs smoothly establish and grow startups in India.
They have offices in major cities and claim to have an experienced team of professionals to guide startups in availing government schemes and incentives. Their website showcases some client success stories too.
Egniol User Reviews Paint a Concerning Picture
While Egniol presents impressive claims about their expertise and track record, independent user reviews on third-party sites paint a different picture:
- On Trustpilot, Egniol has an extremely poor 2.6 rating based on just 4 reviews, all of which are highly negative 1-star reviews accusing them of fraud.
- One Trustpilot reviewer alleges Egniol took advance payment but went unresponsive without delivering services as promised. Another called them a “bunch of unprofessional frauds”.
- On ConsumerComplaints, a user called them “unprofessional and unreliable” and said Egniol gave nothing but excuses and delays despite taking payment.
- Multiple reviewers on ComplaintList have accused Egniol of cheating, false promises, refusing refunds, and pressuring them to sign contracts only after taking payments.
Recurring Complaints and Allegations on Egniol’s Services
Analyzing the various negative reviews and complaints, some recurring allegations emerge:
Aggressive Sales Tactics and False Promises
Many complainants say Egniol lured them in with exaggerated claims, assurances, and grand visions but did not deliver after payments. Reviewers say they use high-pressure tactics to quickly get payments.

Taking Fees Upfront Then Providing Poor Service
A common user grievance is that Egniol focused aggressively on advance fee payment but only provided delays, excuses, poor communication, and substandard service after getting the money.


Refusing Refunds
Many customers who later requested refunds due to non-delivery of promised services allege Egniol bluntly refused refunds even if no meaningful services were done.

The Verdict: Is Egniol Real or Fake Startup Consultancy?
While Egniol presents an image of being an expert startup consultancy, numerous independent allegations about deceitful practices, unethical sales tactics, substandard services, and refusal to address consumer complaints raise serious credibility issues.
The overwhelmingly negative reviews with common themes of payment issues, lack of transparency, undelivered promises make a convincing case that Egniol is potentially a fraudulent company exploiting startups under the garb of government schemes.
However, these remain allegations and Egniol should be given a fair chance to respond transparently. But based on current information, potential clients should be very cautious in dealing with Egniol. Extensive due diligence is strongly advised before considering engagement.
Have you had any dealings with Egniol? Share your experiences in the comment section to help others make informed decisions!
Key Takeaways from Egniol Reviews:
- Multiple negative reviews accuse Egniol of deceitful practices.
- Common allegations include false promises, lack of transparency, and refusing refunds.
- High-pressure sales tactics to quickly collect payment also alleged.
- But poor, delayed services provided after taking payment as per reviews.
- Potential clients should research thoroughly and exercise great caution before engaging Egniol.
In conclusion, while Egniol presents an impression of being an established startup consultancy service, serious concerns arise about their claims and practices based on analysis of independent user reviews alleging potential fraudulent activities. Interested clients would be well advised to dig deeper and verify facts before considering Egniol’s services.
Frequently Asked Questions (FAQs)
1. Is Egniol a legit startup consultancy company?
Based on numerous negative reviews, Egniol appears potentially scammy. But do your own thorough research before deciding if they are legit or a scam.
2. How can I verify if Egniol is a real company?
Check for valid business registrations, visit their office, get client references, and look for any legal cases against them to determine if Egniol seems like an authentic company.
3. Can I trust Egniol to provide the startup services they advertise?
Based on complaints of exaggerated claims and not delivering promised services, it appears risky to trust Egniol blindly. Verify their track record thoroughly first.