What Setco Foundation does

Setco Foundation is the Corporate Social Responsibility (CSR) arm of the Setco Group, established in 2007 to implement community development programs in the Panchmahal district of Gujarat, India. The foundation operates as a non-profit organization that runs an integrated set of programs addressing malnutrition, maternal and infant health, adolescent health, early childhood education, women's livelihood empowerment, and grassroots sports. Its flagship is the Nandghar Program for Holistic Early Childhood Development, which combines supplementary nutrition with child development services and uses the Guide for Monitoring Child Development (GMCD) tool. Other core programs include Play Pal (Play-Way and Montessori-based school readiness), Adolescent Health, Mother-Child Health, Pre-School Education Support, Women's Empowerment (livelihoods training, Self Help Groups, financial literacy), and Sports for Development (reaching near 100 youth). Delivery relies on a field team of community health workers, pre-school teachers, child development aides, specialists, and social workers embedded in 18 government anganwadi communities under a public-private partnership with the Integrated Child Development Services (ICDS) scheme.

The foundation funds roughly 500+ Setco Group employees' children annually through fee subsidies, scholarships, textbook sponsorships, and cash incentives for girl children. Governance is provided by trustees of the Sheth family (Harish Sheth, Urja Shah as Managing Trustee & President, Neethu Sheth as Managing Trustee & Executive Director, Udit Sheth, Sneha Sheth), with operational leadership from Project Director Salma Safree and a small team of senior CSR executives and sports coaches. The organization maintains offices in Mumbai (headquarters c/o Shilayan Industries Limited, Tardeo) and a field office in Kalol, Gujarat (c/o LavaCast Pvt Ltd). It holds CSR-side recognition including the 2012 CSR Thought Leaders Award from Cause-Because (New Delhi) and inclusion in a Ministry of Industries Gujarat publication.

The business model is non-commercial: the foundation receives 5% of Setco Automotive's Annual Net Profit as CSR funding (per self-disclosure), supplemented historically by grants from GCSRA membership and the Hero We Care program. There is no pricing model, no fee-for-service revenue, and no external investor base; all services are delivered at no cost to beneficiaries. The organization has no proprietary technology product, app, or API surface — its technical capabilities rest on community delivery infrastructure and knowledge partnerships with Ummeed Child Development Centre, SNEHA, Shreyas Foundation, and the University of Michigan's Center for Socially Engaged Design.

Name

Setco Foundation

Legal name

Setco Foundation

Website

https://setcofoundation.org

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Setco Foundation is the CSR arm of Setco Group, running integrated nutrition, maternal-child health, early childhood development, women's empowerment, and sports programs for underprivileged women and children across 18 anganwadi communities in Panchmahal, Gujarat, India.

Ownership category

akta.pro rank

Product category

Non-Profit Community Development

NAICS

Grantmaking and Giving Services (81321), Civic and Social Organizations (813410), Voluntary Health Organizations (813212)

SIC

Services-Social Services (8300)

akta.pro primary industry

Private Foundations (BPAGAKAA)

akta.pro secondary industries

Community Foundations (BPAGAKAB), Dropout Prevention, Alternative Education & Re-Engagement Nonprofits (BPAGADAL)

Keywords

• Community development programs
• Early childhood development
• Maternal child health
• Women empowerment services
• Corporate social responsibility

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Others

Revenue model

1. Corporate Social Responsibility funding: Setco Foundation receives 5% of Setco Automotive's Annual Net Profit as CSR funding. This is a not-for-profit foundation implementing corporate social responsibility initiatives.

Distribution channels1 record

Marketing channels4 records

Core offering

Setco Foundation is a non-profit CSR arm of Setco Group implementing community development programs in the Panchmahal district of Gujarat, India. It delivers integrated services in healthcare, nutrition, education, and women's empowerment to underprivileged women and children through government anganwadis and community health workers. The foundation funds its operations through 5% of Setco Automotive's Annual Net Profit and runs programs including the Nandghar Program for Holistic Early Childhood Development, Play Pal, Adolescent Health, Mother-Child Health, and Sports for Development.

Product overview

Setco Foundation operates as a charitable organization implementing CSR initiatives for Setco Group, focusing on healthcare, nutrition, education, and women's empowerment in Gujarat. The foundation's core programs include the Nandghar Program for Holistic Early Childhood Development, Play Pal early childhood education, Adolescent Health Program, Mother-Child Health Program, Pre-School Education Support, Women's Empowerment Program (livelihood and skills training), and Sports for Development. These programs are delivered through government anganwadis in partnership with ICDS, targeting malnutrition eradication, maternal-infant health, and community development in Panchmahal district.

Differentiator

Problem solved

Functional benefit

Products and services

• Nandghar Program for Holistic Early Childhood Development An integrated holistic approach to treating malnutrition combining nutrition intervention with child development services at anganwadis, including the Guide for Monitoring Child Development (GMCD) tool and Child Development Centre, for underprivileged children in rural Gujarat.
• Play Pal

Quantifiable outcome

• Near 100 boys and girls involved in grassroots sports and self-defense training
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Center for Socially Engaged Design, University of Michigan Ann ArborcoreStrategic or Co-development PartnerPartnership to bring the Socially Engaged Design Process for CSR in India, enabling the foundation to apply design thinking methodologies to community development programs.
• Ummeed Child Development CentrecoreStrategic or Co-development PartnerFormer technical/knowledge partner providing training to community health workers to identify children with malnutrition and developmental delays, and for capacity building in early childhood development.
• SNEHA (Society for Nutrition, Education and Health Action)coreStrategic or Co-development PartnerFormer technical/knowledge partner training foundation staff to improve quality and efficacy of nutrition and mother-child programs and interventional strategies.
• Shreyas FoundationminorStrategic or Co-development PartnerFormer technical/knowledge partner contributing to capacity building of health workers and anganwadi teachers for early childhood development programs.
• GCSRA (Gujarat CSR Association)minorGTM or Marketing PartnerFormer funding partner and CSR association membership providing networking and funding support.

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Aditya Birla Foundation: CSR arm of the Aditya Birla Group, focused on education, healthcare, sustainable livelihoods, and rural development across India. Comparable as a corporate-group foundation delivering community development through health, education, and women's empowerment programs with corporate funding backing.
• HCL Foundation: CSR arm of HCL Technologies, running programs in education (Samuday), health, environment, and rural livelihoods across Indian states. Comparable as a corporate CSR foundation applying integrated community development models in rural India, with similar focus on women's empowerment and adolescent wellbeing.
• Mahindra Foundation: Corporate CSR arm of the Mahindra Group running programs in education (Mahindra Pride Schools, Nanhi Kali), health, and rural livelihood. Comparable as an Indian corporate CSR foundation with integrated education and women's empowerment focus, similar to Setco's education + women's empowerment program mix.
• Tata Trusts: India's largest private philanthropic foundation, funding health, education, nutrition, and rural livelihoods at massive scale across India. Comparable as a corporate-origin (Tata Group) private foundation delivering integrated community development programs, though operating at vastly greater scale and geographic breadth than Setco Foundation.
• Reliance Foundation: Corporate CSR foundation of Reliance Group, running health, education, rural transformation, sports for development, and women's empowerment programs across India. Directly comparable to Setco Foundation as another Indian corporate CSR arm with integrated programs targeting women, children, and adolescents, though at much larger national scale.
• Infosys Foundation: CSR arm of Infosys, running programs in education, healthcare, rural development, and women's empowerment across India. Comparable as a corporate CSR foundation with similar program pillars (health, education, women's empowerment) and similar public-private partnership orientation.
• Wipro Foundation: CSR arm of Wipro, focused on education, health, and community ecology. Comparable as a corporate-backed Indian foundation with integrated education and community development programs, though broader geographic reach than Setco's single-district Panchmahal focus.

Direct peers

• Smile Foundation: Indian non-profit running education (Mission Education), healthcare (Health Cannot Wait), and women's empowerment (Swabhiman) programs for underprivileged children and women across India. Comparable target beneficiary profile (underprivileged women and children) and integrated health-education-livelihood model, though independent NGO rather than corporate CSR-funded.
• Naandi Foundation: Large Indian non-profit operating flagship programs in child malnutrition (Naandi Community Kitchen, Nutri-garden), education (New India Schools), and rural livelihoods. Most directly comparable peer: same target geography (rural India), same beneficiaries (women and children), same integrated nutrition + education + livelihood model, though at significantly greater scale.

Emerging players

• SNEHA (Society for Nutrition, Education and Health Action): Mumbai-based non-profit working on maternal and child health, nutrition, and adolescent health in urban informal settlements. Comparable as a former technical partner of Setco Foundation and as a direct domain peer in maternal-infant health and nutrition program design; deeper urban focus versus Setco's rural Panchmahal focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Setco-Foundation-224123791000699
• LinkedInlinkedin.com/company/setco-foundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Setco Foundation