About Foundingminds Software Private Limited
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Foundingminds Software Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2008PTC022964. Its GSTIN is 32AABCF2793H1ZR (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Babu Vinod Sivadasan and Jayan Chirayil Chacko.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at L – 6 Lower Ground Floor Thejaswini Technopark Campus Kariavattom, Thiruvananthapuram, Kerala, India – 695581.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.28 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Lakh (net margin 0.1%) and EBITDA of ₹24.5 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 19% over five years.
The company has about 101 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Founding Minds.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website foundingminds.com.
Company details
Contact details
Foundingminds Software Private Limited's registered office is in Thiruvananthapuram, Kerala. Its website is foundingminds.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressL – 6 Lower Ground Floor Thejaswini Technopark Campus Kariavattom, Thiruvananthapuram, Kerala, India – 695581
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Foundingminds Software Private Limited, 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
Foundingminds Software operates one associated brand: Founding Minds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers software products, incubation, and services for cloud, mobile, and enterprise solutions. | foundingminds.com |
Business activity
The main business activity of Foundingminds Software is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Foundingminds Software Private Limited, buy the company report.
Financials of Foundingminds Software Private Limited
FY 2024 filings availableFoundingminds Software Private Limited reported revenue of ₹15.28 Cr (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 6% growth in the latest year. EBITDA fell 76% in the latest year. 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹24.5 Lakh | ||||
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| Net Profit (PAT) | ₹1.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Foundingminds Software Private Limited, buy the company report.
Board of directors of Foundingminds Software Private Limited
Foundingminds Software has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babu Vinod Sivadasan | Director | 12 Aug 2008 | 18 Years 3 Months | Current |
| Jayan Chirayil Chacko Also directs: Aveta AI Software Private Limited | Director | 26 Oct 2015 | 11 Years 0 Months | Current |
Auditor
Foundingminds Software Private Limited is audited by Krishna Nayagam and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Krishna Nayagam and Associates | FY 2023 | 008458S |
Shareholding
The shareholding of Foundingminds Software Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Foundingminds Software Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Foundingminds Software Private Limited 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 Foundingminds Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Foundingminds Software Private Limited has a workforce of 101 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 101 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
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| FY 2020-21 | |
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| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2014-15 | |
| FY 2013-14 |
To see the full employee and EPFO history of Foundingminds Software Private Limited, buy the company report.
GST
Foundingminds Software has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCF2793H1ZR | Kerala | Active | 01 Jul 2017 |
| 32AABCF2793H2ZQ | Kerala | Active | 30 May 2019 |
To see the full GST registrations and return filing status of Foundingminds Software Private Limited, buy the company report.
Recent activity
Foundingminds Software Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Ajitkumar Kunjunni Visalakshy ceased to be Director on 09 Nov 2015.
Frequently asked questions
Foundingminds Software is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 August 2008 (18+ years old) and is registered under CIN U72200KL2008PTC022964.
Foundingminds Software has 2 current directors:
- Babu Vinod Sivadasan - Director
- Jayan Chirayil Chacko - Director
The latest financial statements of Foundingminds Software on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Foundingminds Software is 32AABCF2793H1ZR, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AABCF2793H2ZQ (Kerala).
The CIN (Corporate Identification Number) of Foundingminds Software is U72200KL2008PTC022964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foundingminds Software was incorporated on 12 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ernakulam.
Ajitkumar Kunjunni Visalakshy ceased to be Director on 09 Nov 2015. Babu Sunod Sivadasan ceased to be Director on 09 Nov 2015. Jayan Chirayil Chacko was appointed as Director on 26 Oct 2015. Foundingminds Software has 4 board changes on record in total.
Foundingminds Software can be reached through the website foundingminds.com. Its registered office is in Thiruvananthapuram, Kerala, India.
The registered office of Foundingminds Software is at L – 6 Lower Ground Floor Thejaswini Technopark Campus Kariavattom, Thiruvananthapuram, Kerala, India – 695581.
Foundingminds Software operates in the information technology industry, in the application development and software solutions segment.
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