About Foundation For Science Innovation And Development
Data last updated: 06 February 2026
Foundation For Science Innovation And Development is a public not for profit company based in Bengaluru, Karnataka, India, a subsidiary of M/S. Indian Institute Of Science. It specialises in business support services, a part of the broader business services sector. Incorporated on 08 August 2020, the company has been in operation for over 6 years.
Registered with ROC Bangalore under CIN U73100KA2020NPL137018.
It is led by directors including Anil Parameswaransarala Kumar and Balan Gurumoorthy.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: Innovation Centre Indian Institute Of Science, Bengaluru, Karnataka, India – 560012.
As per the financials filed for FY 2025, the company reported a revenue of ₹65.31 Cr, a growth of 36% compared to the previous year.
The company has a workforce of approximately 24 employees as per the latest available data. It operates as a subsidiary of M/S. Indian Institute Of Science.
The company is associated with 2 brands - Xray Setu, Fsid.
For more details, the company can be reached via its website fsid.iisc.ac.in.
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Registered AddressInnovation Centre Indian Institute Of Science, Bengaluru, Karnataka, India – 560012
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IndustryBusiness Services, Business Support Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Foundation For Science Innovation And Development
Foundation For Science Innovation And Development operates two associated brands: Xray Setu and FSID. These brands represent Foundation For Science Innovation And Development's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| An AI-powered tool for analyzing chest X-rays to support COVID interventions. | xraysetu.com | |
| FSID is engaged in deep science and technology innovation. | fsid-iisc.in |
Competitors & Alternatives of Foundation For Science Innovation And Development
Brands and companies operating in the same space as Foundation For Science Innovation And Development include Perspectum, Qure.ai, Deeptek and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Perspectum
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Precision medicine software for liver disease diagnosis is offered. | Oxford, United Kingdom, United Kingdom | 2012 |
Qure.ai
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AI-powered solutions for medical imaging diagnostics | Mumbai, India, India | 2016 |
Deeptek
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AI-augmented diagnostic tools for radiology imaging are developed. | Pune, India, India | 2017 |
Subtle Medical
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AI-driven solutions for medical diagnostic imaging are developed. | Palo Alto, United States, United States | 2017 |
IXICO
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AI-based medical image management and analysis solutions for healthcare organizations | London, United Kingdom, United Kingdom | 2004 |
Cleerly
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Atherosclerotic plaque is quantified by AI using coronary CT angiograms. | Denver, United States, United States | 2016 |
Lunit
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Artificial intelligence solutions for cancer detection and treatment are developed. | Seoul, South Korea, South Korea | 2013 |
Invicro
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Provide contract research imaging services and software | Boston, United States, United States | 2008 |
Zebra Medical Vision
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Provider of AI and SaaS-based medical image based decision support tools | Shoham, Israel, Israel | 2014 |
Business Activity of Foundation For Science Innovation And Development
Foundation For Science Innovation And Development is engaged in the principal business activity of professional, scientific and technical, with detailed activities including scientific research and development.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | Locked |
Business activity turnover details for Foundation For Science Innovation And Development
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Foundation For Science Innovation And Development
Foundation For Science Innovation And Development is audited by K M DIVAKAR for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K M DIVAKAR | Locked | Locked | Locked |
Complete auditor history for Foundation For Science Innovation And Development
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Foundation For Science Innovation And Development
Foundation For Science Innovation And Development is currently managed by 4 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Anil Parameswaransarala Kumar
Also directs:
Foundation For Bengaluru Science And Technology, Foundation For Qc Innovation, Iisc Medical School Foundation and 3 more
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Director | 04 Aug 2021 | 4 Years 11 Months | Current |
| Balan Gurumoorthy | Director | 08 Aug 2020 | 5 Years 11 Months | Current |
| Govindan Rangarajan | Director | 11 Dec 2020 | 5 Years 7 Months | Current |
| Usha Vijayraghavan | Director | 28 Mar 2022 | 4 Years 3 Months | Current |
Financials of Foundation For Science Innovation And Development FY 2025 filings available
Foundation For Science Innovation And Development reported revenue of ₹65.31 Cr (up 36.00% YoY) for FY 2025.
Ten-year financial statements for Foundation For Science Innovation And Development
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Ownership and Shareholding of Foundation For Science Innovation And Development
Shareholding and ownership data for Foundation For Science Innovation And Development
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Charges & Borrowings Foundation For Science Innovation And Development
Foundation For Science Innovation And Development does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Foundation For Science Innovation And Development
Foundation For Science Innovation And Development has a workforce of 24 employees as of Apr 09, 2024.
Employee and EPFO history for Foundation For Science Innovation And Development
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GST Compliance of Foundation For Science Innovation And Development
GST registrations and filing compliance for Foundation For Science Innovation And Development
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Credit Ratings, Litigation & Regulatory Alerts for Foundation For Science Innovation And Development
Credit ratings, litigation, and regulatory alerts for Foundation For Science Innovation And Development
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MSME Payment Delays by Foundation For Science Innovation And Development
MSME payment history for Foundation For Science Innovation And Development
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Subsidiaries & Group Companies of Foundation For Science Innovation And Development
Corporate group structure for Foundation For Science Innovation And Development
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MCA Filings & Documents of Foundation For Science Innovation And Development
MCA filings and documents for Foundation For Science Innovation And Development
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Recent Activity on Foundation For Science Innovation And Development
Frequently Asked Questions about Foundation For Science Innovation And Development
Foundation For Science Innovation And Development is an active public not for profit company in the business services sector based in Bengaluru, Karnataka, India. It was incorporated on 08 August 2020 (6+ years old) and is registered under CIN U73100KA2020NPL137018. The company has 24 employees.
Foundation For Science Innovation And Development reported revenue of ₹65.31 Cr for FY 2025 (up 36.00% YoY).
The current directors of Foundation For Science Innovation And Development are:
- Anil Parameswaransarala Kumar - Director
- Balan Gurumoorthy - Director
- Govindan Rangarajan - Director
- Usha Vijayraghavan - Director
The primary industry of Foundation For Science Innovation And Development is business services. The company specifically operates in business support services. The company is currently active in this sector.
Foundation For Science Innovation And Development can be reached at the registered office: Innovation Centre Indian Institute Of Science, Bengaluru, Karnataka, India – 560012, or through the website fsid.iisc.ac.in.
The company has its registered office at Innovation Centre Indian Institute Of Science, Bengaluru, Karnataka, India – 560012.