About DevelopAid
DevelopAid is a Business Services company. It operates as a non-profit organization offering services for philanthropy, accountability, and legal compliance in India. It operates in the Business Services and Financial Services sectors. DevelopAid offers products and services including Legal Guidance Services and Event and Resource Sharing. Its focus areas include Non-Profit Services, Philanthropy, Aid and Development and Governance Compliance. Its legal entity in India is DevelopAid Foundation (U74999DL2016NPL309078).
Company details
DevelopAid is established as a Section 8 not-for-profit company in India, with efforts directed towards improving public trust and accountability in the philanthropic sector. Its activities are focused on promoting financial literacy, governance, and comprehension of key laws such as FCRA, Income Tax, and CSR among social enterprises. Resources like videos, presentations, and event updates are made available to support these objectives, while compliance guidelines are disseminated through various channels. The foundations operations are based in New Delhi, where regulatory education is emphasized to aid organizations in navigating legal frameworks effectively.
- SectorsBusiness ServicesFinancial Services
- Email••••••••
- Social X
- Legal Name Developaid Foundation
- Date of Incorporation 09 Dec, 2016
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹25,000
FY 2024 · +3868% YoY
- EBITDA₹1,892
FY 2024 · 8% margin
Associated legal entities of DevelopAid
DevelopAid operates through Developaid Foundation (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Developaid Foundation CIN U74999DL2016NPL309078 | Active | 09 Dec 2016 | New Delhi, Delhi | ₹0.0 Cr | – | 3 | View details |
Products & Services of DevelopAid
DevelopAid offers a comprehensive portfolio of products and services, including Legal Guidance Services and Event and Resource Sharing.
Guidance on laws and regulations is provided to enhance compliance and governance for philanthropic organizations.
Information on completed and scheduled events is shared to foster understanding of financial literacy and accountability.
Board of directors of Developaid Foundation (DevelopAid)
Developaid Foundation is the primary company behind DevelopAid. The board of Developaid Foundation currently have 2 directors; the longest-serving is Renu Agarwal, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Renu Agarwal DIN 06566876 | Director | 09 Dec 2016 | 9 yrs 10 mo | Developaid Foundation |
| Sanjay Agarwal DIN 01413400 | Director | 09 Dec 2016 | 9 yrs 10 mo | Developaid Foundation |
Financials of DevelopAid
Figures of Developaid Foundation, the primary company behind DevelopAid, for FY 2024. Revenue was ₹25,000 (+3868% year on year). EBITDA was ₹1,892 (8% margin). Revenue has grown at a compounded annual rate of -43% over three years.
- ₹25,000Revenue · FY 2024 · +3868% YoY
- ₹1,892EBITDA · 8% margin
- ₹1 LakhPaid-up capital
- -43%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Developaid Foundation are on its company page.
Detailed financial statements for DevelopAid
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Top companies in Governance, Risk & Compliance (GRC) Services
10 companies that operate in the same segment as DevelopAid (Governance, Risk & Compliance (GRC) Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Testing, inspection, and certification services are provided to industrial sectors. | 1996 | Barcelona, Catalonia, Spain | – | USD 643.16 K | 24 | |
Risk management and operational support services are delivered globally. | 2010 | Reston, Virginia, United States | – | – | 1,502 | |
Provider of natural gas, crude oil, and petroleum products exploration services | 1882 | Irving, Texas, United States | – | USD 323.9 B | 61,000 | |
Marsh is recognized as a global leader in insurance broking and risk management. | 1871 | New York, New York, United States | – | – | – | |
Shipping, food ingredients, and industrial technology services are provided. | 1929 | Helsinki, Finland | – | USD 551.17 M | 800 | |
Technology solutions are provided to credit unions for operational efficiency. | 2009 | St. Petersburg, Florida, United States | – | – | 2,448 | |
Compliance support and risk management services are provided. | 2015 | London, England, United Kingdom | – | – | – | |
Compliance evaluation and certification services are provided worldwide. | 1828 | Paris, France | – | USD 7.6 B | 84,250 | |
Compliance and risk management solutions are provided by Youverify. | 2017 | Lagos, Lagos State, Nigeria | USD 5 M | – | – | |
Engineering and environmental risk consulting services are provided. | 1989 | Frodsham, Cheshire, United Kingdom | USD 646.99 M | – | – |
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Frequently Asked Questions about DevelopAid
The primary company behind DevelopAid, Developaid Foundation, reported revenue of ₹25,000 for FY 2024, up 3868% year on year.
DevelopAid is established as a Section 8 not-for-profit company in India, with efforts directed towards improving public trust and accountability in the philanthropic sector. Its activities are focused on promoting financial literacy, governance, and comprehension of key laws such as FCRA, Income Tax, and CSR among social enterprises. Resources like videos, presentations, and event updates are made available to support these objectives, while compliance guidelines are disseminated through various channels. The foundations operations are based in New Delhi, where regulatory education is emphasized to aid organizations in navigating legal frameworks effectively.
DevelopAid offers Legal Guidance Services and Event and Resource Sharing.
DevelopAid operates through Developaid Foundation.
The legal entities of DevelopAid currently have 2 directors, including Renu Agarwal, Sanjay Agarwal.