About FIDE
FIDE is a Technology company founded in 2019. A not-for-profit organization focused on interoperable digital protocol development. It operates on a Donation / Grant-Based model. Its Indian entity Foundation For Interoperability In Digital Economy reported revenue of ₹36.00 Cr. FIDE offers products and services including Beckn Protocol. Its focus areas include Digital Infrastructure and Open Protocols.
Company details
The Foundation for Interoperability in Digital Economy (FIDE) is engaged in fostering innovation through the development of the Beckn Protocol, an open-source specification for interoperable digital ecosystems. Activities are centered on building digital infrastructure as a public good, enabling seamless digital commerce experiences across various sectors. Solutions are designed to support decentralized digital economy ecosystems, with advocacy for open communities and protocol adoption globally.
- SectorsTechnology
- Email••••••••
- Website becknfoundation.org
- Legal Name Foundation For Interoperability In Digital Economy
- Date of Incorporation 13 Sep, 2019
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹36.00 Cr
FY 2025 · +100% YoY
- Indian entity net profit₹2.18 Cr
FY 2025 · 6% margin
- Indian entity EBITDA₹2.72 Cr
FY 2025 · 8% margin
Associated legal entities of FIDE
FIDE operates through Foundation For Interoperability In Digital Economy (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Foundation For Interoperability In Digital Economy CIN U72900KA2019NPL127900 | Active | 13 Sep 2019 | Bangalore, Karnataka | ₹36.0 Cr | 3 | View details |
Products & Services of FIDE
FIDE offers a comprehensive portfolio of products and services, including Beckn Protocol.
Open protocol specifications for interoperable digital ecosystems are provided.
Board of directors of Foundation For Interoperability In Digital Economy (FIDE)
Foundation For Interoperability In Digital Economy is the primary company behind FIDE. The board of Foundation For Interoperability In Digital Economy currently have 2 directors; the longest-serving is Sreepriya Nellicherry Sivaraman, appointed in 2023. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sreepriya Nellicherry Sivaraman DIN 08174076 | Director | 08 Aug 2023 | 3 yrs 2 mo | Foundation For Interoperability In Digital Economy |
| Sreedhar Venkateshmurthy Kikkeri DIN 03336499 | Director | 03 Nov 2023 | 3 yrs | Foundation For Interoperability In Digital Economy |
Financials of FIDE
Figures of Foundation For Interoperability In Digital Economy, the primary company behind FIDE, for FY 2025. Revenue was ₹36.00 Cr (+100% year on year). Net profit was ₹2.18 Cr (6% margin). EBITDA was ₹2.72 Cr (8% margin). Revenue has grown at a compounded annual rate of +39% over three years.
- ₹36.00 CrRevenue · FY 2025 · +100% YoY
- ₹2.18 CrNet profit · 6% margin
- ₹2.72 CrEBITDA · 8% margin
- ₹85 LakhPaid-up capital
- +39%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Foundation For Interoperability In Digital Economy are on its company page.
Detailed financial statements for FIDE
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Frequently Asked Questions about FIDE
FIDE was founded in 2019.
The primary company behind FIDE, Foundation For Interoperability In Digital Economy, reported revenue of ₹36.00 Cr for FY 2025, up 100% year on year.
The Foundation for Interoperability in Digital Economy (FIDE) is engaged in fostering innovation through the development of the Beckn Protocol, an open-source specification for interoperable digital ecosystems. Activities are centered on building digital infrastructure as a public good, enabling seamless digital commerce experiences across various sectors. Solutions are designed to support decentralized digital economy ecosystems, with advocacy for open communities and protocol adoption globally.
FIDE offers Beckn Protocol.
FIDE operates through Foundation For Interoperability In Digital Economy.
The legal entities of FIDE currently have 3 directors, including Sreedhar Venkateshmurthy Kikkeri, Sujith Krishnan Nair, Sreepriya Nellicherry Sivaraman.