Verification Agencies Ecosystem – Competition and Cooperation

This post aims to give an inside view of the industry to the customers who use employee background verification services. It will help them understand how the verification agencies compete and cooperate with each other to serve customers.

The background verification industry in India has emerged over the last decade to become a mature ecosystem with around 15-20 national and large regional players and literally hundreds of local players. India being a large country, with hundreds of cities and towns, 14000 police stations and 600 police offices, thousands of universities, it is impossible for a single player to have its own dedicated employees covering the entire nation. Relying on other verification agencies and providers to extend the geographical and logistical reach is the logical outcome.

Read more at :http://www.jantakhoj.com/blog/2012/02/verification-agencies-ecosystem-competition-and-cooperation/