Asteya Services

What Asteya Services does

Asteya Services Pvt. Ltd. is a Bangalore-based, privately held company founded in 2021 that provides technology-driven management, compliance, and impact verification services to NGOs, donor organizations, and CSR partners in India. The company operates under the strategic umbrella of Suryojasvi Group and serves roughly 10+ NGO clients across sub-sectors including women empowerment, child welfare, education, healthcare, and disability, with 20+ Cr (approximately USD 2.4 million) in client budget under management and 100+ donor programs supported.

The core technology stack consists of two proprietary platforms: DIVAS (Digital Voucher Approach System), which enables real-time fund utilization tracking, geo-location validation, and multimedia proof collection for impact verification; and Syntheta, a BI-managed utilization dashboard providing SaaS-based real-time reporting. These are complemented by a structured six-stage service methodology (Discover, Define, Design, Develop, Deploy, Deliver) and a 205+ parameter due diligence framework for NGO evaluation. Productized services include Compliance and Governance (FCRA, 12A, 80G, CSR, Darpan), Finance and Accounts (bookkeeping, Tally, audit readiness), HR Management, Donor Due Diligence, and Digital Visibility. A sub-brand called NGO Connect functions as a donor-NGO evaluation and matching platform.

Asteya monetizes through a mix of professional services engagements and recurring Virtual CXO retainers (fractional V-CFO, V-CMO, V-CTO) marketed at a claimed 70% cost saving versus full-time executives. Pricing is custom and quote-based, with a free 30-minute consultation as the primary lead-conversion mechanism. The go-to-market motion is sales-led, relying on direct outreach, website inquiry, WhatsApp/phone contact, and referrals from the parent group and existing NGO network. There is no public e-commerce, no API or developer platform, and no app; the business is delivered as managed services and bespoke dashboards to a domestic India customer base of 18 employees.

Name

Asteya Services

Legal name

Asteya Services Pvt. Ltd.

Website

https://asteyaservices.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Asteya Services is a Bangalore-based firm that delivers compliance, due diligence, financial management, and impact verification services to Indian NGOs, donors, and CSR partners, supported by proprietary SaaS platforms DIVAS and Syntheta for real-time fund tracking.

Ownership category

akta.pro rank

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Professional Services - Compliance & Governance: Fee-based consulting and managed services for NGO compliance including FCRA, 12A, 80G, CSR, and Darpan compliance management, statutory filings, and governance reporting.
2. Professional Services - Finance & Accounts: Financial management services including bookkeeping, Tally entries, donor-specific reporting, budget tracking, utilization certificates, and audit readiness services.
3. Professional Services - HR Management: HR system setup services including payroll, statutory compliance (PF, ESI, PT), policy development, salary structuring, and performance appraisal processes.
4. Virtual CXO Retainer Services: Fractional executive services (V-CFO, V-CMO, V-CTO) delivered as ongoing retainers, providing strategic leadership to NGOs at a fraction of full-time executive costs with 70% cost savings claim.
5. Digital Visibility Services: Website development, social media management, and paid marketing campaigns across Google, Facebook, LinkedIn, and Taboola platforms for NGO digital presence.
6. Donor & Due Diligence Services: Due diligence evaluation services aligning NGOs with 205+ parameters for donor CSR evaluations and funding readiness assessments.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Asteya Services sells technology-driven social sector management solutions and professional services to NGOs, donors, CSR partners, and social enterprises. Its core offering combines proprietary SaaS platforms—DIVAS for real-time fund utilization and geo-tagged impact verification, and Syntheta for BI-managed utilization dashboards—with modular services including compliance and governance, finance and accounts, HR management, donor due diligence (205+ parameters), digital visibility, and fractional Virtual CXO (CFO/CMO/CTO) retainer services. The portfolio is designed to bring credibility, transparency, and measurable impact reporting to the Indian social sector.

Product overview

Asteya Services offers an integrated portfolio of technology-driven solutions and professional services for the social sector. The core offerings include DIVAS (Digital Voucher Approach System) for digital impact verification and Syntheta for BI-managed utilization dashboards. These are complemented by modular services including Compliance & Governance, Finance & Accounts, Human Resources, Donor Due Diligence, and Digital Visibility. The company also provides Virtual CXO fractional executive services (Virtual CFO, CMO, CTO) and a dedicated NGO Connect platform for donor-NGO matching. Together, these products help NGOs and donors ensure transparency, accountability, and measurable social impact.

Differentiator

Problem solved

Functional benefit

Brands

• DIVAS (Digital Voucher Approach System): Digital voucher approval system for real-time impact tracking and fund utilization verification.
• Syntheta

Products and services

• DIVAS (Digital Voucher Approach System)

Quantifiable outcome

• 70% cost savings with Virtual CXO model compared to full-time executive hiring
• +3 more outcomes

Named customers27 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability3 records

Feature5 records

Partnerships

One partnership is on record.

• Suryojasvi GroupcoreOthersSuryojasvi Group is the parent/holding company of Asteya Services. Asteya Services Pvt. Ltd. is powered by Suryojasvi Group, which provides organizational infrastructure and shared services. The affiliation positions Asteya within a larger business ecosystem supporting the social sector.

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• TechnoServe: Global nonprofit working with enterprising people in the developing world to build competitive farms, businesses, and industries. Comparable as a broad social-sector consulting and program-implementation peer with global reach.
• Deloitte India (CSR & Sustainability practice): Deloitte's India practice includes CSR advisory, impact measurement, and sustainability consulting for corporates and NGOs. Comparable as a broad incumbent that could compete for the same large CSR-donor mandates.
• Salesforce.org: Salesforce's social impact arm providing nonprofit CRM and program management software globally. Comparable as a broad incumbent offering overlapping SaaS capabilities to NGOs.

Emerging players

• Fluxx: US-based grants management and fund-tracking SaaS platform for foundations and nonprofits. Comparable as a software peer for the digital voucher / fund utilization tracking use case DIVAS targets.
• Bonterra: US-based software platform offering CRM, grants management, and impact-tracking tools for nonprofits. Comparable as a SaaS peer for the impact-verification and grants-management use case that DIVAS addresses.

Direct peers

• Intellecap: India-based advisory firm providing strategy consulting, investment banking, and capacity-building services to social enterprises and NGOs. Operates in the same Indian social-sector ecosystem with overlapping consulting and market-building offerings.
• Bridgespan Group: Global nonprofit and philanthropic advisory firm providing strategy consulting to NGOs and foundations. Comparable as a high-end social-sector consulting peer, although at significantly larger scale.
• Sattva Consulting: India-based impact advisory firm offering consulting, capacity-building, and sector insights to NGOs, social enterprises, and CSR funders. Closely comparable to Asteya's consulting-plus-technology model targeting the same Indian social sector.
• Samhita Social Ventures: India-based social impact organization that designs and implements CSR programs for corporates and supports NGOs with capacity-building. Overlaps directly with Asteya's CSR-compliance and donor-NGO matching services.

Regional players

• Aavishkaar Group: India-focused impact investment and advisory platform supporting social enterprises. Comparable as a regional player addressing the same Indian social enterprise and NGO ecosystem, with a stronger investment-banking angle.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/asteyaservices
• Facebookfacebook.com/asteyaservices
• LinkedInlinkedin.com/company/asteyaservices
• Instagraminstagram.com/asteyaservices

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Asteya Services