About Foundation for Interoperability in Digital Economy
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Foundation for Interoperability in Digital Economy is a private not for profit company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019NPL127900. Its GSTIN is 29AADCO0188K1Z3 (Karnataka).
The company has an authorised share capital of ₹85 Lakh and a paid-up capital of ₹85 Lakh. It was formerly known as Beckn Foundation and Open Shared Mobility Foundation. It is led by directors Sreedhar Venkateshmurthy Kikkeri and Sreepriya Nellicherry Sivaraman.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.85 Quorum 7th Cross Road Koramangala 4th Block, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹36 Cr, a growth of 100% compared to the previous year. For the same year it recorded a net profit of ₹2.18 Cr (net margin 6%) and EBITDA of ₹2.72 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years.
The company is associated with 1 brand: FIDE.
For more details, the company can be reached via its website becknfoundation.org.
Company details
Name history
Foundation for Interoperability in Digital Economy has undergone 2 name changes throughout its history. The company was previously known as Beckn Foundation, and Open Shared Mobility Foundation. The current legal name is Foundation For Interoperability In Digital Economy.
| Company Name | Status |
|---|---|
| Foundation for Interoperability in Digital Economy | Current |
| Beckn Foundation | Previous |
| Open Shared Mobility Foundation | Previous |
Contact details
Foundation for Interoperability in Digital Economy's registered office is in Bangalore, Karnataka. Its website is becknfoundation.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.85 Quorum 7th Cross Road Koramangala 4th Block, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Foundation for Interoperability in Digital Economy, 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
Foundation for Interoperability in Digital Economy operates one associated brand: FIDE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A not-for-profit organization focused on interoperable digital protocol development. | becknfoundation.org |
Business activity
The main business activity of Foundation for Interoperability in Digital Economy is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of Foundation for Interoperability in Digital Economy, buy the company report.
Financials of Foundation for Interoperability in Digital Economy
FY 2025 filings availableFoundation for Interoperability in Digital Economy reported revenue of ₹36 Cr (up 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over three years, including 100% growth in the latest year. EBITDA rose 293% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.72 Cr | ||||
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| Net Profit (PAT) | ₹2.18 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 6% | ||||
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To see the full financial statements and ratios of Foundation for Interoperability in Digital Economy, buy the company report.
Board of directors of Foundation for Interoperability in Digital Economy
Foundation for Interoperability in Digital Economy has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sreedhar Venkateshmurthy Kikkeri | Director | 03 Nov 2023 | 3 Years 0 Months | Current |
| Sreepriya Nellicherry Sivaraman Also directs: Convergery Corporation India LLP, Entrust Family Office Services LLP, Kollengode Lifestyle LLP and 5 more | Director | 08 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Foundation for Interoperability in Digital Economy is compared with the 10 companies closest to it by revenue in the same principal business activity (office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chronos Richardson India Private Limited | ₹38.11 Cr (FY 2024) | 1.0% | New Delhi, Delhi, India | |||
| Qualfon Advanced Technology Center Private Limited | ₹37.72 Cr (FY 2025) | 14.0% | Haryana, India | |||
| Ebsco Information Services India Private Limited | ₹37.17 Cr (FY 2024) | 12.0% | New Delhi, Delhi, India | |||
| Madan Packaging Pvt Ltd | ₹36.75 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Priyam Packeging Private Limited | ₹36.22 Cr (FY 2025) | 11.0% | Pune, Maharashtra, India | |||
| Foundation for Interoperability in Digital Economythis company | ₹36 Cr (FY 2025) | ₹2.18 Cr | 6% | 100.0% | Bangalore, Karnataka, India | |
| People Matters Media Private Limited | ₹35.63 Cr (FY 2025) | -9.0% | Gurgaon, Haryana, India | |||
| Karmic Events Private Limited | ₹35.45 Cr (FY 2025) | 44.0% | New Delhi, Delhi, India | |||
| Astra Business Services Private Limited | ₹35.4 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Ecll Private Limited | ₹35.07 Cr (FY 2023) | 45.0% | New Delhi, Delhi, India | |||
| Egverse Technology Solutions Private Limited | ₹33.6 Cr (FY 2025) | -6.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of Foundation for Interoperability in Digital Economy, buy the company report.
Auditor
Foundation for Interoperability in Digital Economy is audited by Dharmaraju & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dharmaraju & Associates | FY 2023 | 014466S |
Shareholding
The shareholding of Foundation for Interoperability in Digital Economy is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Foundation for Interoperability in Digital Economy, buy the company report.
Legal cases
No court or tribunal cases involving Foundation for Interoperability in Digital Economy 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
Foundation for Interoperability in Digital Economy has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Enterpriseminds India Private Limited |
To see the full MSME payment records of Foundation for Interoperability in Digital Economy, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Foundation for Interoperability in Digital Economy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCO0188K1Z3 | Karnataka | Active | 21 Oct 2021 |
To see the full GST registrations and return filing status of Foundation for Interoperability in Digital Economy, buy the company report.
Recent activity
Foundation for Interoperability in Digital Economy has 7 board changes on record since 2019: 3 appointments and 4 cessations. The latest: Sreedhar Venkateshmurthy Kikkeri ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Foundation for Interoperability in Digital Economy is an active private not for profit company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 September 2019 (7+ years old) and is registered under CIN U72900KA2019NPL127900.
Foundation for Interoperability in Digital Economy has 2 current directors:
- Sreedhar Venkateshmurthy Kikkeri - Director
- Sreepriya Nellicherry Sivaraman - Director
The latest financial statements of Foundation for Interoperability in Digital Economy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Foundation for Interoperability in Digital Economy is 29AADCO0188K1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Foundation for Interoperability in Digital Economy is U72900KA2019NPL127900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foundation for Interoperability in Digital Economy was incorporated on 13 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Foundation for Interoperability in Digital Economy by revenue are Chronos Richardson India Private Limited, Qualfon Advanced Technology Center Private Limited, Ebsco Information Services India Private Limited, Madan Packaging Pvt Ltd, Priyam Packeging Private Limited and 5 more, all in the same principal business activity (office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc.).
Sreedhar Venkateshmurthy Kikkeri ceased to be Additional Director on 29 Sep 2024. Siddharth Rajmohan ceased to be Director on 10 Aug 2024. Sreedhar Venkateshmurthy Kikkeri was appointed as Director on 03 Nov 2023. Foundation for Interoperability in Digital Economy has 7 board changes on record in total.
Foundation for Interoperability in Digital Economy has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 Apr 2022.
Foundation for Interoperability in Digital Economy can be reached through the website becknfoundation.org. Its registered office is in Bangalore, Karnataka, India.
The registered office of Foundation for Interoperability in Digital Economy is at No.85 Quorum 7th Cross Road Koramangala 4th Block, Bangalore, Karnataka, India – 560034.
Foundation for Interoperability in Digital Economy operates in the information technology industry, in the IT consulting and support services segment.
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