
Kushaagra Innovations Foundation
About Kushaagra Innovations Foundation
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Kushaagra Innovations Foundation is a private not for profit company based in Pune, Maharashtra, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 05 November 2022.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U85300PN2022NPL215909.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Payal Shivaji Kapare and Zigisha Vijay Mhaskar.
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 B Sr. No – 201 H.No.404 Sai Sankalp Chsl Dp Road Near Kumar Picasso Hadapsar, Pune, Maharashtra, India – 411028.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.11 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.28 Cr (net margin 37.3%) and EBITDA of ₹2.3 Cr (EBITDA margin 37.7%).
The company is associated with 1 brand: Kushaagra.
Company details
Contact details
Kushaagra Innovations Foundation's registered office is in Pune, Maharashtra.
- Registered AddressB Sr. No – 201 H.No.404 Sai Sankalp Chsl Dp Road Near Kumar Picasso Hadapsar, Pune, Maharashtra, India – 411028
- IndustryNon-Profit Organizations, Social Work
- 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
Kushaagra Innovations Foundation operates one associated brand: Kushaagra. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers integrated waste management and awareness programs for sustainability. | kushaagra.org |
Business activity
The main business activity of Kushaagra Innovations Foundation is water supply, sewerage and waste management. In detail, this covers waste collection, treatment and disposal activities, materials recovery and other waste management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services |
To see the full business activity and turnover split of Kushaagra Innovations Foundation, buy the company report.
Financials of Kushaagra Innovations Foundation
FY 2025 filings availableKushaagra Innovations Foundation reported revenue of ₹6.11 Cr (up 1537% YoY) for FY 2025.
Financial Statement Summary
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| EBITDA | ₹2.3 Cr | ||
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| Net Profit (PAT) | ₹2.28 Cr | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | 37.7% | ||
| Net Profit Margin | 37.3% | ||
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To see the full financial statements and ratios of Kushaagra Innovations Foundation, buy the company report.
Board of directors of Kushaagra Innovations Foundation
Kushaagra Innovations Foundation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payal Shivaji Kapare Also directs: Sortt IT Waste Management Private Limited | Director | 05 Nov 2022 | 3 Years 11 Months | Current |
| Zigisha Vijay Mhaskar Also directs: Sortt IT Waste Management Private Limited | Director | 05 Nov 2022 | 3 Years 11 Months | Current |
| Alok Shirish Gogate Also directs: Sortt IT Waste Management Private Limited | Director | 05 Nov 2022 | 3 Years 11 Months | Current |
Peer comparison
Kushaagra Innovations Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aadys Components Private Limited | ₹6.29 Cr (FY 2024) | 92.0% | New Delhi, Delhi, India | |||
| Vermalik Metal Recycling Private Limited | ₹6.16 Cr (FY 2024) | 288.0% | Meerut, Uttar Pradesh, India | |||
| Haryana Cold Retreads Private Limited | ₹6.14 Cr (FY 2024) | 7.0% | Gurgaon, Haryana, India | |||
| MRM Eco Solutions Private Limited | ₹6.13 Cr (FY 2025) | -4.0% | Kozhikode, Kerala, India | |||
| Ecosattva Environmental Solutions Private Limited | ₹6.12 Cr (FY 2025) | 36.0% | Aurangabad, Maharashtra, India | |||
| Kushaagra Innovations Foundationthis company | ₹6.11 Cr (FY 2025) | ₹2.28 Cr | 37.3% | 1537.0% | Pune, Maharashtra, India | |
| Greenvironment Innovation & Marketing India Private Limited | ₹6.1 Cr (FY 2025) | 17.0% | Chennai, Tamil Nadu, India | |||
| Aggarwal E-Waste Solutions Private Limited | ₹6.05 Cr (FY 2025) | 132.0% | Delhi, India | |||
| Nimbua Greenfield (Punjab) Association | ₹5.9 Cr (FY 2025) | 20.0% | Mohali, Punjab, India | |||
| India Waste Management Private Limited | ₹5.89 Cr (FY 2024) | 21.0% | Mandideep, Madhya Pradesh, India | |||
| Ascent Urban Recyclers Private Limited | ₹5.85 Cr (FY 2024) | 123.0% | Kanagapuram, Tamil Nadu, India |
To see the full peer comparison of Kushaagra Innovations Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Kushaagra Innovations Foundation 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 Kushaagra Innovations Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Kushaagra Innovations Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kushaagra Innovations Foundation has 3 board changes on record since 2022: 3 appointments. The latest: Alok Shirish Gogate was appointed as Director on 05 Nov 2022.
Frequently asked questions
Kushaagra Innovations Foundation is an active private not for profit company based in Pune, Maharashtra, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 05 November 2022 (4+ years old) and is registered under CIN U85300PN2022NPL215909.
Kushaagra Innovations Foundation has 3 current directors:
- Payal Shivaji Kapare - Director
- Zigisha Vijay Mhaskar - Director
- Alok Shirish Gogate - Director
The latest financial statements of Kushaagra Innovations Foundation 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 2023 are in the company report.
The CIN (Corporate Identification Number) of Kushaagra Innovations Foundation is U85300PN2022NPL215909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kushaagra Innovations Foundation was incorporated on 05 November 2022, making it 4+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Kushaagra Innovations Foundation by revenue are Aadys Components Private Limited, Vermalik Metal Recycling Private Limited, Haryana Cold Retreads Private Limited, MRM Eco Solutions Private Limited, Ecosattva Environmental Solutions Private Limited and 5 more, all in the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services).
Alok Shirish Gogate was appointed as Director on 05 Nov 2022. Payal Shivaji Kapare was appointed as Director on 05 Nov 2022. Zigisha Vijay Mhaskar was appointed as Director on 05 Nov 2022.
The registered office of Kushaagra Innovations Foundation is at B Sr. No – 201 H.No.404 Sai Sankalp Chsl Dp Road Near Kumar Picasso Hadapsar, Pune, Maharashtra, India – 411028.
Kushaagra Innovations Foundation operates in the non-profit organizations industry, in the social work segment.
Kushaagra Innovations Foundation has 1 associated brand: Kushaagra.
Kushaagra Innovations Foundation can be reached at its registered office: B Sr. No – 201 H.No.404 Sai Sankalp Chsl Dp Road Near Kumar Picasso Hadapsar, Pune, Maharashtra, India – 411028.