DPIIT recognised startup Government of India
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Founders Innovation Private Limited - professional services in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.25 Lakh
▲ 31% YoY
Net loss · FY 2025
₹76,570
Net margin -61.3%
EBITDA · FY 2025
-₹72,570
EBITDA margin -58.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹15,000
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Brands
1
Associated brands
About Founders Innovation Private Limited
Data last updated:
Founders Innovation Private Limited is a private limited company based in Nagpur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the accounting and financial advisory segment of the professional services sector. It was incorporated on 20 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U74110MH2021PTC369730.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹15,000. It is led by directors Akash Sharma and Chetan Ramesh Sharma.
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 F No G3 Gopika Apartment 35 Dr Coloney Chhatrapati Nagar, Nagpur, Maharashtra, India – 440015.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.25 Lakh, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹76,570 (net margin -61.3%) and EBITDA of -₹72,570 (EBITDA margin -58.1%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years.
The company is associated with 1 brand: Whoopee.
Founders Innovation Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0145741). For more details, the company can be reached via its website iwearwhoopee.com.
Company details
CIN U74110MH2021PTC369730
Registration Number 369730
Incorporation Date 20 October 2021
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-20-0145741
Recognitions & Rankings of Founders Innovation
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-20-0145741
Contact details
Founders Innovation Private Limited's registered office is in Nagpur, Maharashtra. Its website is iwearwhoopee.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF No G3 Gopika Apartment 35 Dr Coloney Chhatrapati Nagar, Nagpur, Maharashtra, India – 440015
- IndustryProfessional Services, Accounting, Legal Services, Tax Consultant, Advocacy
To see the full contact details of Founders Innovation Private Limited, buy the company report.
Comprehensive company report
Founders Innovation Private Limited - one report that includes everything
- 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
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Brands
Founders Innovation operates one associated brand: Whoopee. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online fashion brand offering a diverse selection of t-shirts for men and women. | iwearwhoopee.com |
Business activity
The main business activity of Founders Innovation is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Founders Innovation Private Limited, buy the company report.
Financials of Founders Innovation Private Limited
FY 2025 filings availableFounders Innovation Private Limited reported revenue of ₹1.25 Lakh (up 31% YoY) for FY 2025.
Revenue · FY 2025
₹1.25 Lakh ▲ 31%
Net loss · FY 2025
₹76,570 margin -61.3%
EBITDA · FY 2025
-₹72,570 margin -58.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 46%
EBITDA CAGR growth
1 year
▼ 749%
3 years · compounded
▼ 151%
Revenue has grown at a compounded annual rate (CAGR) of 46% over three years, including 31% growth in the latest year. EBITDA fell 749% 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 |
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| EBITDA | -₹72,570 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹76,570 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -58.1% | |||
| Net Profit Margin | -61.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Founders Innovation Private Limited, buy the company report.
Board of directors of Founders Innovation Private Limited
Founders Innovation has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Sharma | Director | 20 Oct 2021 | 5 Years 0 Months | Current |
| Chetan Ramesh Sharma | Director | 20 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Founders Innovation Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Founders Innovation Private Limitedthis company | ₹1.25 Lakh (FY 2025) | -₹76,570 | -61.3% | 31.0% | Nagpur, Maharashtra, India | |
| Brand Analysis India Private Limited | ₹1.25 Lakh (FY 2025) | -47.0% | Delhi, India | |||
| Deenabandhave Recycling Private Limited | ₹1.25 Lakh (FY 2024) | 1150.0% | Faridabad, Haryana, India | |||
| Uni Liais Private Limited | ₹1.25 Lakh (FY 2025) | -58.0% | New Delhi, Delhi, India | |||
| Design Safari Private Limited | ₹1.25 Lakh (FY 2021) | Pune, Maharashtra, India | ||||
| Sysman Software and Consultancy Services Private Limited | ₹1.25 Lakh (FY 2025) | -38.0% | New Delhi, Delhi, India | |||
| Ashtaksha Labs Private Limited | ₹1.25 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Unite Diagnostics Private Limited | ₹1.25 Lakh (FY 2024) | Ramachandrapuram, Telangana, India |
To see the full peer comparison of Founders Innovation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Founders Innovation Private Limited 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
No delayed payments to MSME suppliers are on our record for Founders Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Founders Innovation Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
No GST registration is on our record for Founders Innovation Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Founders Innovation Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Akash Sharma was appointed as Director on 20 Oct 2021.
AGM
Founders Innovation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Founders Innovation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur.
Appointed
Akash Sharma was appointed as Director.
Appointed
Chetan Ramesh Sharma was appointed as Director.
Incorporation
20 Oct 2021
Founders Innovation Private Limited was registered on 20 Oct 2021 with Roc Nagpur & aged 5 years 7 days as per MCA records.
Frequently asked questions
Founders Innovation is an active private limited company based in Nagpur, Maharashtra, India. The company works in accounting, within the professional services industry. It was incorporated on 20 October 2021 (5+ years old) and is registered under CIN U74110MH2021PTC369730.
Founders Innovation has 2 current directors:
- Akash Sharma - Director
- Chetan Ramesh Sharma - Director
The latest financial statements of Founders Innovation 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 2022 are in the company report.
The CIN (Corporate Identification Number) of Founders Innovation is U74110MH2021PTC369730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Founders Innovation was incorporated on 20 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Founders Innovation by revenue are Brand Analysis India Private Limited, Deenabandhave Recycling Private Limited, Uni Liais Private Limited, Design Safari Private Limited, Sysman Software and Consultancy Services Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Akash Sharma was appointed as Director on 20 Oct 2021. Chetan Ramesh Sharma was appointed as Director on 20 Oct 2021.
Yes, Founders Innovation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Founders Innovation is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-20-0145741).
Founders Innovation can be reached through the website iwearwhoopee.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Founders Innovation is at F No G3 Gopika Apartment 35 Dr Coloney Chhatrapati Nagar, Nagpur, Maharashtra, India – 440015.