
About Riderwings Foundation
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Riderwings Foundation is a private not for profit company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 15 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U85300GJ2021NPL125633.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10,000. It is led by directors Ankita Arvindbhai Korlvala and Indiraben Arvindbhai Koralwala.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A 15 Krupasagar Society Nr Mansarovar Society Ioc Road Chandkheda, Ahmedabad, Gujarat, India – 382470.
As per the financials filed for FY 2025, the company reported a revenue of ₹21,030, a decline of 62% compared to the previous year. Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
The company is associated with 1 brand: Riderwings Foundation.
Riderwings Foundation is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0104801). For more details, the company can be reached via its website riderwings.org.
Company details
Recognitions & Rankings of Riderwings Foundation
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-GJ-01-0104801
Contact details
Riderwings Foundation's registered office is in Ahmedabad, Gujarat. Its website is riderwings.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA 15 Krupasagar Society Nr Mansarovar Society Ioc Road Chandkheda, Ahmedabad, Gujarat, India – 382470
- IndustryNon-Profit Organizations, Social Work
To see the full contact details of Riderwings Foundation, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Riderwings Foundation operates one associated brand: Riderwings Foundation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Support for delivery riders in India through community and non-profit initiatives. | riderwings.org |
Business activity
The main business activity of Riderwings Foundation is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Riderwings Foundation, buy the company report.
Financials of Riderwings Foundation
FY 2025 filings availableRiderwings Foundation reported revenue of ₹21,030 (down 62% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 62% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 1%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Riderwings Foundation, buy the company report.
Board of directors of Riderwings Foundation
Riderwings Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankita Arvindbhai Korlvala | Director | 15 Sep 2021 | 5 Years 1 Months | Current |
| Indiraben Arvindbhai Koralwala | Director | 15 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Riderwings Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (other hospital and medical care activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Galactic Pharmaceuticals Private Limited | ₹21,871 (FY 2019) | Yavatmal, Maharashtra, India | ||||
| Aethos Healthcare Private Limited | ₹21,558 (FY 2025) | -95.0% | Delhi, India | |||
| Ibv Foundation | ₹21,500 (FY 2021) | Surat, Gujarat, India | ||||
| Sonali Somaj Welfare Foundation | ₹21,280 (FY 2024) | Bishnupur, West Bengal, India | ||||
| Surgident India Private Limited | ₹21,100 (FY 2023) | Delhi, India | ||||
| Riderwings Foundationthis company | ₹21,030 (FY 2025) | -62.0% | Ahmedabad, Gujarat, India | |||
| One Stop Medicare Limited | ₹21,000 (FY 2019) | 2.0% | Kolkata, West Bengal, India | |||
| Spinzer Pharmaceuticals Private Limited | ₹20,988 (FY 2024) | -5.0% | New Delhi, Delhi, India | |||
| Medimark Laboratories Private Limited | ₹20,834 (FY 2023) | Thiruvananthapuram, Kerala, India | ||||
| Accord Drugstore Private Limited | ₹20,725 (FY 2022) | Pune, Maharashtra, India | ||||
| VJM Life Sciences Private Limited | ₹20,705 (FY 2024) | -36.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Riderwings Foundation, buy the company report.
Auditor
Riderwings Foundation is audited by ACHG & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ACHG & ASSOCIATES | FY 2022 | 012705C |
Shareholding
The shareholding of Riderwings Foundation is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Riderwings Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Riderwings Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Riderwings Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Riderwings Foundation has 1 active EPFO establishment as of Apr 05, 2024.
GST
No GST registration is on our record for Riderwings Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Riderwings Foundation has 2 board changes on record since 2021: 2 appointments. The latest: Ankita Arvindbhai Korlvala was appointed as Director on 15 Sep 2021.
Frequently asked questions
Riderwings Foundation is an active private not for profit company based in Ahmedabad, Gujarat, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 15 September 2021 (5+ years old) and is registered under CIN U85300GJ2021NPL125633.
Riderwings Foundation has 2 current directors:
- Ankita Arvindbhai Korlvala - Director
- Indiraben Arvindbhai Koralwala - Director
The latest financial statements of Riderwings Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Riderwings Foundation is U85300GJ2021NPL125633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riderwings Foundation was incorporated on 15 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Riderwings Foundation by revenue are Galactic Pharmaceuticals Private Limited, Aethos Healthcare Private Limited, Ibv Foundation, Sonali Somaj Welfare Foundation, Surgident India Private Limited and 5 more, all in the same principal business activity (other hospital and medical care activities).
Ankita Arvindbhai Korlvala was appointed as Director on 15 Sep 2021. Indiraben Arvindbhai Koralwala was appointed as Director on 15 Sep 2021.
Yes, Riderwings Foundation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Riderwings Foundation is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0104801).
Riderwings Foundation can be reached through the website riderwings.org. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Riderwings Foundation is at A 15 Krupasagar Society Nr Mansarovar Society Ioc Road Chandkheda, Ahmedabad, Gujarat, India – 382470.