Thanks for tweet Benson. I'm Marco, CEO of MatrixVision.
We are a Bitcoin-side compliance service. What that means is that for companies that need compliance (eg exchanges, investment funds, payment processors, bitcoin ATMs etc) - a) they already have services to monitor FIAT-side transactions, often indirectly via their bank or PSP and b) we perform an analagous service for Bitcoin-side transactions.
We're not payment processors nor investigators. We monitor transaction behaviour, flag potentially susupicious transactions, and the exchange, ATM etc takes investigations from there. 'potentially suspicious' means preventing the proceeds of crime from flowing back into the banking system. That is, preventing money-laundering - it's not about detecting crime itself but having controls for AML (anti-money laundering) so that the exchange/ATM/bitcoin business etc is allowed to operate. I wrote a post about this on reddit.
http://www.reddit.com/r/Bitcoin/comments/1qw0so/matrixvision_v_coinvalidation_why_we_have_to/Yes to suitability for India - we're worldwide with the service tailored to the regulatory requirements of each jurisdiction.
Hope that helps