Foster Innovations

Mysuru, India Founded: 2020 • Age: 6 yrs
Offers automation, machine vision, and 3D printing services for industrial needs.

About Foster Innovations

Foster Innovations is a Technology company based in Mysuru (India) founded in 2020. It offers automation, machine vision, and 3D printing services for industrial needs. It operates on a B2B model. The company has 1 employees. Its website fosterinnovations.in draws about 681 thousand monthly visits. Its Indian entity Foster Innovation Lab Private Limited reported revenue of β‚Ή5.9 Lakh. Foster Innovations offers products and services including Machine Vision Solutions and 3D Printing Services. Its focus areas include Logistics Tech, Supply Chain, Automation and Industrial Tech.

Company details

Foster Innovations, based in Mysore, Karnataka, India, specializes in automation technologies including machine vision for quality inspection and predictive maintenance. They deliver end-to-end solutions using AI and cutting-edge tools, serving manufacturers and businesses worldwide. With services like HR executive search and 3D printing, they focus on improving efficiency and accuracy in industrial processes, having worked with over 50 satisfied clients.

Key Metrics
  • Annual Revenue
    ₹5.9 Lakh

    FY 2024 · -54% YoY

  • Net Loss
    -₹6.9 Lakh

    FY 2024 · -118% margin

  • EBITDA
    -₹6.7 Lakh

    FY 2024 · -115% margin

  • Employee Count
    1

Products & Services of Foster Innovations

Foster Innovations offers a comprehensive portfolio of products and services, including Machine Vision Solutions and 3D Printing Services.

Machine Vision Solutions
Automation Platform

Enables machines to detect product anomalies with high speed and accuracy.

3D Printing Services
Manufacturing

Converts designs into physical objects using advanced printing technologies.

Board of directors of Foster Innovation Lab Private Limited (Foster Innovations)

Foster Innovation Lab Private Limited is the primary company behind Foster Innovations. The board of Foster Innovation Lab Private Limited currently have 2 directors; the longest-serving is Ashwin Ananda Babu, appointed in 2020. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ashwin Ananda Babu
DIN 08171081
Director20 Aug 20206 yrs 2 moFoster Innovation Lab Private Limited
Pera Thejas
DIN 08021239
Director20 Aug 20206 yrs 2 moFoster Innovation Lab Private Limited

Financials of Foster Innovations

Figures of Foster Innovation Lab Private Limited, the primary company behind Foster Innovations, for FY 2024. Revenue was ₹5.9 Lakh (-54% year on year). Net loss was -₹6.9 Lakh (-118% margin). EBITDA was -₹6.7 Lakh (-115% margin). Revenue has grown at a compounded annual rate of +308% over three years.

  • ₹5.9 LakhRevenue · FY 2024 · -54% YoY
  • -₹6.9 LakhNet loss · -118% margin
  • -₹6.7 LakhEBITDA · -115% margin
  • ₹1 LakhPaid-up capital
  • +308%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Foster Innovation Lab Private Limited are on its company page.

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Detailed financial statements for Foster Innovations

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Web traffic of Foster Innovations

The website of Foster Innovations (fosterinnovations.in) receives about 680.7K visits a month.

  • Monthly visits
    680.7K

    ▼ 6.7% vs previous month

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Frequently Asked Questions about Foster Innovations

Foster Innovations was founded in 2020.

Foster Innovations is headquartered in Mysuru, India. It is registered at Mysuru, Karnataka, India.

Foster Innovations has 1 employees.

The primary company behind Foster Innovations, Foster Innovation Lab Private Limited, reported revenue of β‚Ή5.9 Lakh for FY 2024, down 54% year on year.

Foster Innovations, based in Mysore, Karnataka, India, specializes in automation technologies including machine vision for quality inspection and predictive maintenance. They deliver end-to-end solutions using AI and cutting-edge tools, serving manufacturers and businesses worldwide. With services like HR executive search and 3D printing, they focus on improving efficiency and accuracy in industrial processes, having worked with over 50 satisfied clients.

Foster Innovations offers Machine Vision Solutions and 3D Printing Services.

Foster Innovations operates through Foster Innovation Lab Private Limited.

The legal entities of Foster Innovations currently have 2 directors, including Ashwin Ananda Babu, Pera Thejas.

The website of Foster Innovations receives about 681 thousand visits a month.

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