About FiiRE
FiiRE is a Transportation, Automotive & Logistics company based in Margao (India) founded in 2018. It operates as a startup incubation and support services in TourismTech, sustainability, and hospitality in Goa. It operates in the Transportation, Automotive & Logistics and Travel & Hospitality sectors. Its Indian entity Forum For Innovation Incubation Research And Entrepreneurship reported revenue of ₹89.4 Lakh. FiiRE offers products and services including Incubation Services and Investment Services. Its focus areas include Tourism and Hospitality, Sustainability, Environmental Innovations and Green Technology.
Company details
FiiRE Goa is identified as a leading startup incubator that empowers TourismTech entrepreneurs by providing investment, mentorship, and coworking spaces to foster innovations in sustainability, hospitality, and travel. Over 180 startups have been supported, with 63 funded and raising Rs. 111 crore through various programs. Collaborations with government bodies and industry partners are utilized to accelerate startup success, offering resources like prototyping labs and expert guidance. This ecosystem is designed to drive sustainable ventures and impact the tourism economy, while events and networks facilitate growth and learning for participants.
- Headquarters Margao, India
- SectorsTransportation, Automotive & LogisticsTravel & Hospitality
- Legal Name Forum For Innovation Incubation Research And Entrepreneurship
- Date of Incorporation 19 Jan, 2017
- Jurisdiction Fatorda, Goa, India
- Annual Revenue₹89.4 Lakh
FY 2025 · -30% YoY
- Net Loss-₹1.01 Cr
FY 2025 · -113% margin
- EBITDA-₹73.2 Lakh
FY 2025 · -82% margin
Associated legal entities of FiiRE
FiiRE operates through Forum For Innovation Incubation Research And Entrepreneurship (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 |
|---|---|---|---|---|---|---|---|
| Forum For Innovation Incubation Research And Entrepreneurship CIN U74999GA2017NPL013098 | Active | 19 Jan 2017 | Fatorda, Goa | ₹0.9 Cr | – | 7 | View details |
Products & Services of FiiRE
FiiRE offers a comprehensive portfolio of products and services, including Incubation Services and Investment Services.
Incubation services are provided to TourismTech startups for mentorship, resources, and networks to scale ventures in sustainability and travel.
Investment services are offered through grants and seed funds to assist startups in achieving growth and impact in the hospitality and tourism sectors.
Board of directors of Forum For Innovation Incubation Research And Entrepreneurship (FiiRE)
Forum For Innovation Incubation Research And Entrepreneurship is the primary company behind FiiRE. The board of Forum For Innovation Incubation Research And Entrepreneurship currently have 7 directors; the longest-serving is Kinley Luke Dcruz, appointed in 2017. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kinley Luke Dcruz DIN 07648301 | Director | 19 Jan 2017 | 9 yrs 9 mo | Forum For Innovation Incubation Research And Entrepreneurship |
| Ralin Joseph Desouza DIN 08974697 | Director | 31 Dec 2020 | 5 yrs 9 mo | Forum For Innovation Incubation Research And Entrepreneurship |
| Clive Justin Telles DIN 08969542 | Director | 31 Dec 2020 | 5 yrs 9 mo | Forum For Innovation Incubation Research And Entrepreneurship |
| Francis Silveira DIN 08969614 | Director | 31 Dec 2020 | 5 yrs 9 mo | Forum For Innovation Incubation Research And Entrepreneurship |
| Leo Capistario Anthony Pereira DIN 09743282 | Director | 21 Sep 2022 | 4 yrs 1 mo | Forum For Innovation Incubation Research And Entrepreneurship |
| Banzelao Julio Teixeira DIN 10750201 | Director | 02 Sep 2024 | 2 yrs 1 mo | Forum For Innovation Incubation Research And Entrepreneurship |
| Wilfred Michael Fernandes DIN 11406079 | Additional Director | 15 Dec 2025 | 10 mo | Forum For Innovation Incubation Research And Entrepreneurship |
People of FiiRE
15 people are tracked at FiiRE (1 in leadership, 8 in board & advisors, 6 in team).
| Name | Role | Group |
|---|---|---|
Thejus Joseph | Interim CEO | Leadership |
Praveen Roy | Board Member | Board & advisors |
Neena Panandikar | Board Member | Board & advisors |
Kinley D’Cruz | Chairman | Board & advisors |
Aditi Kare Panandikar | Board Member | Board & advisors |
Anil Joshi | Board Member | Board & advisors |
Levinson Martins | Board Member | Board & advisors |
Yashvit Naik | Board Member | Board & advisors |
Purushottam Modani | Board Member | Board & advisors |
Tushar Sawant | Enterprise Development Manager | Team |
Namdev Naik | Programme Manager | Team |
Renu Amballoor | Investment Manager | Team |
Arush Martins | Manager, Marketing & Communication | Team |
Drima Julicia Vas | Admin Staff | Team |
Nevil Soares | Manager, Legal Affairs, Intellectual Property & Project Management | Team |
Complete people profiles for FiiRE
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of FiiRE
Figures of Forum For Innovation Incubation Research And Entrepreneurship, the primary company behind FiiRE, for FY 2025. Revenue was ₹89.4 Lakh (-30% year on year). Net loss was -₹1.01 Cr (-113% margin). EBITDA was -₹73.2 Lakh (-82% margin). Revenue has grown at a compounded annual rate of -13% over three years and -9% over five years.
- ₹89.4 LakhRevenue · FY 2025 · -30% YoY
- -₹1.01 CrNet loss · -113% margin
- -₹73.2 LakhEBITDA · -82% margin
- -13%Revenue CAGR, 3 years
- -9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Forum For Innovation Incubation Research And Entrepreneurship are on its company page.
Detailed financial statements for FiiRE
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Web traffic of FiiRE
The website of FiiRE (fiire.org.in) receives about 1.5K visits a month.
- Monthly visits1.5K
▲ 22.4% vs previous month
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10 companies that operate in the same segment as FiiRE (Electric & Green Mobility), ranked by their profile score on The Company Check.
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|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
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Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – |
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Frequently Asked Questions about FiiRE
FiiRE was founded in 2018.
FiiRE is headquartered in Margao, India. It is registered at Margao, Goa, India.
The primary company behind FiiRE, Forum For Innovation Incubation Research And Entrepreneurship, reported revenue of ₹89.4 Lakh for FY 2025, down 30% year on year.
FiiRE Goa is identified as a leading startup incubator that empowers TourismTech entrepreneurs by providing investment, mentorship, and coworking spaces to foster innovations in sustainability, hospitality, and travel. Over 180 startups have been supported, with 63 funded and raising Rs. 111 crore through various programs. Collaborations with government bodies and industry partners are utilized to accelerate startup success, offering resources like prototyping labs and expert guidance. This ecosystem is designed to drive sustainable ventures and impact the tourism economy, while events and networks facilitate growth and learning for participants.
FiiRE offers Incubation Services and Investment Services.
FiiRE operates through Forum For Innovation Incubation Research And Entrepreneurship.
The legal entities of FiiRE currently have 7 directors, including Kinley Luke Dcruz, Ralin Joseph Desouza, Clive Justin Telles and others.