COMPANY INTELLIGENCE PROFILE

TEM ASSOCIATION

TEM Association is the registered legal entity behind TEAM (Tech Entrepreneurs Association of Mumbai), a Section-8 not-for-profit body run by Mumbai startup founders (Vishal Gondal, Aakrit Vaish, Dhruvil Sanghvi) that runs Mumbai Tech Week and MumbaiHacks to grow the city's tech ecosystem.

Active (per Tofler, snapshot updated 16 Jul 2026)No — unlisted, Section 8 / guarantee-and-association company (no share capital, cannot be listed)Registrar of Companies, Mumbai (Maharashtra) (Tofler)
AI Overview Generating…

TEM Association is the legal entity behind TEAM, a not-for-profit based in Mumbai aimed at enhancing the city's tech startup ecosystem. Active since December 2022, it is driven by prominent entrepreneurs like Vishal Gondal, Aakrit Vaish, and Dhruvil Sanghvi. TEM runs initiatives such as Mumbai Tech Week and MumbaiHacks. It operates with no registered charges or credit ratings, focusing on community development.

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Business Overview

  • TEM ASSOCIATION is the registered legal entity, CIN U91990MH2022NPL395318, incorporated 14 Dec 2022, behind "TEAM — Tech Entrepreneurs Association of Mumbai," a private not-for-profit industry body operating under the domain mumbaitech.team.
  • Match to the legal name was corroborated independently: (1) all three statutory directors on the MCA/Tofler record — Vishal Gondal, Aakrit Vaish, Dhruvil Sanghvi — are listed as governing-council members on the official TEAM website, and (2) the association's public contact email is accounting@mumbaitech.team, tying the CIN filings directly to the mumbaitech.team domain.
  • TEAM's stated mission is "to further the development of the tech startup ecosystem in Mumbai," with a vision "to make Mumbai the #1 destination in India for technology startups." It runs flagship initiatives Mumbai Tech Week, the MumbaiHacks hackathon, and "AGI Fridays," and counts 140+ founding members drawn from prominent Indian startups, founders/execs from GOQii, Haptik, Dream Sports, BookMyShow, Shaadi.com, upGrad, Quantiphi, LoveLocal, and others appear across the site's member/partner pages.
  • Governing Council 2024-26 per the official site: Aakrit Vaish (Haptik) and Harsh Jain (Dream Sports) as Co-chairs, Vishal Gondal (GOQii) as Treasurer, Dhruvil Sanghvi (LogiNext) leading Community, plus Akanksha Hazari, LoveLocal, Partnerships, Mayank Kumar, upGrad, Memberships, Naiyya Saggi, Edition, Marketing, and Vivek Khemani, Quantiphi, Community.
  • Sources: mumbaitech.team (official site), Tofler, statutory filings, corroborating web search snippets.

Sector & Classification

Community, Personal and Social Services — NIC bucket "Other civic and social organizations" (Tofler)

Directors & Key Management

Directors — source notes

Statutory directors per MCA filings (Tofler, corroborated by cross-source web search): (1) Vishal Prannath Gondal — DIN 00093151 — Director (also Treasurer of TEAM governing council; founder, GOQii); (2) Aakrit Ajay Kumar Vaish — DIN 05113028 — Director (also Co-chair of TEAM governing council; co-founder, Haptik/Yellow.ai); (3) Dhruvil Rajeshbhai Sanghvi — DIN 06798947 — Nominee Director (also Community lead on TEAM governing council; founder, LogiNext/Fashinza). Note: additional names appearing on the TEAM website's "Governing Council" (Harsh Jain, Akanksha Hazari, Mayank Kumar, Naiyya Saggi, Vivek Khemani) are association-level council roles, not confirmed as statutory MCA directors/DIN holders for this CIN — flagged as unconfirmed for MCA purposes.

GST Registrations

Not obtained. PAN AAJCT8468R was confirmed, but attempts to pull specific GSTIN(s) via knowyourgst.com, findgst.in and mastersindia.co did not return a usable individual-GSTIN page (404/no data surfaced). No GSTIN, home state, registration count, or GST status could be confirmed from the permitted sources.

Financials

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TEM ASSOCIATION reported operating revenue under ₹1 crore for the fiscal year ending 31 March 2023. As a Section 8 guarantee entity with ₹0 authorized/paid-up capital, traditional net worth metrics are not applicable.

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  • Partial.
  • Tofler, standalone filings: FY ended 31 March 2023 — operating revenue in the band "under ₹1 crore." EBITDA, PAT, net worth and borrowings are paywalled on Tofler and were not obtainable from other permitted sources within scope — reported as "not obtained." Given the company has ₹0 authorized/paid-up capital, Section 8 guarantee entity, no net-worth-from-equity metric is meaningful in the usual sense.

Funding History

  • Not applicable / not obtained.
  • TEM ASSOCIATION is a Section 8 not-for-profit "guarantee and association" company, no share capital, so conventional equity funding rounds do not apply.
  • No grant, sponsorship-corpus, or funding-round disclosure was found in any searched source.

Shareholding

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TEM ASSOCIATION, a company limited by guarantee with ₹0 authorized/paid-up capital, has no shareholding pattern or equity shares, reflecting its structure without shareholding members.

AI-generated, may contain errors.

  • Not applicable. As a company limited by guarantee with ₹0 authorized/paid-up capital, TEM ASSOCIATION has no shareholding pattern to report, members hold no equity shares.

Loans & Charges

  • Confirmed — "The company has no registered charges", Tofler, statutory charges register.

Credit Ratings

  • None found. No CRISIL/ICRA/CARE rating was located for TEM ASSOCIATION — expected, since it is a small not-for-profit membership association rather than a rated borrower.

Competitive Landscape

  • Partial — TEM ASSOCIATION/TEAM is a non-profit city-level tech-ecosystem body, not a commercial company, so "competitors" are best read as peer industry associations rather than scale-matched rivals: (1) TiE Mumbai / TiE, The Indus Entrepreneurs, — national/global entrepreneur-mentorship network, much larger scale
  • (2) NASSCOM — national IT/software industry apex body, far larger scale
  • (3) iSPIRT Foundation — national software-policy think tank, comparable small/lean scale
  • (4) NASSCOM 10,000 Startups — national startup-enablement program
  • (5) Startup Mumbai / other city-chapter startup forums — comparable local scale. No direct one-to-one competitor was confirmed
  • Listed on a "closest analogous body" basis.

Frequently Asked Questions

What does TEM Association do?

TEM Association is the registered legal entity behind TEAM (Tech Entrepreneurs Association of Mumbai), a Section-8 not-for-profit body run by Mumbai startup founders. It organizes events like Mumbai Tech Week and MumbaiHacks to grow the city's tech ecosystem.

What is the CIN of TEM Association?

The CIN of TEM Association is U91990MH2022NPL395318.

When was TEM Association incorporated?

TEM Association was incorporated on 14 December 2022.

Where is the registered office of TEM Association?

The registered office of TEM Association is located at HD-290, WeWork, C-20, G Block, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra 400051.

Sources

Tofler (tofler.in) — statutory identity, capital structure, directors/DINs, charges, FY23 revenue band; official site mumbaitech.team (via WebFetch + raw HTML fetch) — mission/vision, governing council, logo assets, contact email; DuckDuckGo cross-source search summaries (aggregating ZaubaCorp/Falconebiz/Tofler/TheCompanyCheck snippets) — corroborating incorporation date, directors, registration number, last AGM date (30 Sep 2025); Indian Kanoon (indiankanoon.org) — confirmed no litigation. Attempted but non-productive: thecompanycheck.com (404s on guessed URLs), falconebiz.com (directory page only, no company profile reached), knowyourgst.com / findgst.in / mastersindia.co (no GSTIN page resolved).

Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.