India's Richest People 2026 edition · 1 director · Source: Hurun India
- #941 Pramod Madhukar Chaudhari ₹3,100 Cr
Parimal and Pramod Chaudhari Foundation
Parimal and Pramod Chaudhari Foundation - research & development in Pune, Maharashtra, India. FY 2026 financials & compliance.
Active Private Not For Profit Company research and development
Revenue · FY 2025
₹3.56 Cr
▼ 18% YoY
Net loss · FY 2025
₹1.34 Cr
Net margin -37.6%
EBITDA · FY 2025
-₹1.34 Cr
EBITDA margin -37.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹32.4 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Parimal and Pramod Chaudhari Foundation
Data last updated:
Parimal and Pramod Chaudhari Foundation is a private not for profit company based in Pune, Maharashtra, India. It operates in the scientific research segment of the research and development sector. It was incorporated on 19 November 2008 and has been in existence for over 18 years.
Its director Pramod Madhukar Chaudhari is #941 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U73100PN2008NPL136274.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹32.4 Lakh. It was formerly known as Fusiontech Ventures Private Limited. It is led by directors including Pramod Madhukar Chaudhari and Parimal Pramod Chaudhari.
Its last annual general meeting (AGM) was held on 30 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.56 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹1.34 Cr (net margin -37.6%) and EBITDA of -₹1.34 Cr (EBITDA margin -37.6%). Revenue has grown at a compounded annual rate (CAGR) of 657% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U73100PN2008NPL136274
Registration Number 136274
Incorporation Date 19 November 2008
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Name history
Parimal and Pramod Chaudhari Foundation has undergone 3 name changes throughout its history. The company was previously known as Parimal And Pramod Chaudhari Foundation, Fusiontech Ventures Private Limited, and Fusiontech Ventures. The current legal name is Parimal And Pramod Chaudhari Foundation.
| Company Name | Status |
|---|---|
| Parimal and Pramod Chaudhari Foundation | Current |
| Fusiontech Ventures Private Limited | Previous |
| Fusiontech Ventures | Previous |
CIN history
Parimal and Pramod Chaudhari Foundation has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U73100PN2008NPL136274, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U73100PN2008NPL136274 | Current |
| U73100PN2008PTC136274 | Previous |
| U73100MH2008PTC188310 | Previous |
Key People
Pramod Madhukar Chaudhari Director Parimal Pramod Chaudhari Director Chandrashekhar Dattatraya Dasnurkar Director Recognitions & Rankings of Parimal and Pramod Chaudhari Foundation
Contact details
Parimal and Pramod Chaudhari Foundation's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP – Cube House Cst No. 1443 – B – 1 Pashan Road Opp. Gate No. 4 Abhimanshree Society Au, Ndh, Pune, Maharashtra, India – 411008
- IndustryResearch & Development, Science Research
To see the full contact details of Parimal and Pramod Chaudhari Foundation, buy the company report.
Comprehensive company report
Parimal and Pramod Chaudhari Foundation - 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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Business activity
The main business activity of Parimal and Pramod Chaudhari Foundation is education. In detail, this covers education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | 85 | Education |
To see the full business activity and turnover split of Parimal and Pramod Chaudhari Foundation, buy the company report.
Financials of Parimal and Pramod Chaudhari Foundation
FY 2025 filings availableParimal and Pramod Chaudhari Foundation reported revenue of ₹3.56 Cr (down 18% YoY) for FY 2025.
Revenue · FY 2025
₹3.56 Cr ▼ 18%
Net loss · FY 2025
₹1.34 Cr margin -37.6%
EBITDA · FY 2025
-₹1.34 Cr margin -37.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 18%
5 years · compounded
▲ 657%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 942%
5 years · compounded
▼ 94%
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 657%. EBITDA fell 9% 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 | -₹1.34 Cr | ||||
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| Net Profit (PAT) | -₹1.34 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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| Profitability | |||||
| EBITDA Margin | -37.6% | ||||
| Net Profit Margin | -37.6% | ||||
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To see the full financial statements and ratios of Parimal and Pramod Chaudhari Foundation, buy the company report.
Board of directors of Parimal and Pramod Chaudhari Foundation
Parimal and Pramod Chaudhari Foundation has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Madhukar Chaudhari | Director | 08 Feb 2019 | 7 Years 8 Months | Current |
| Parimal Pramod Chaudhari Also directs: Plutus Properties LLP, P-Cube Enterprises Private Limited. | Director | 29 Dec 2009 | 16 Years 10 Months | Current |
| Chandrashekhar Dattatraya Dasnurkar | Director | 29 May 2012 | 14 Years 5 Months | Current |
Peer comparison
Parimal and Pramod Chaudhari Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jaipuria Educational Services Private Limited | ₹3.62 Cr (FY 2025) | 53.0% | New Delhi, Delhi, India | |||
| Paniit Alumni Reach for Madhya Pradesh (Param) Foundation | ₹3.61 Cr (FY 2025) | 250.0% | Bhopal, Madhya Pradesh, India | |||
| Badminton Gurukul Private Limited | ₹3.59 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Sacredstep School Private Limited | ₹3.58 Cr (FY 2024) | 32.0% | Gurgaon, Haryana, India | |||
| Mohit Educomp Private Limited | ₹3.57 Cr (FY 2025) | -72.0% | Kolkata, West Bengal, India | |||
| Parimal and Pramod Chaudhari Foundationthis company | ₹3.56 Cr (FY 2025) | -₹1.34 Cr | -37.6% | -18.0% | Pune, Maharashtra, India | |
| Qplus Learning Private Limited | ₹3.51 Cr (FY 2025) | 77.0% | New Delhi, Delhi, India | |||
| Ebekmed Edventures Private Limited | ₹3.49 Cr (FY 2024) | 454.0% | Srirangam, Tamil Nadu, India | |||
| Safal Academy Private Limited | ₹3.47 Cr (FY 2025) | 274.0% | Mumbai, Maharashtra, India | |||
| Biz Com Technologies Private Limited | ₹3.47 Cr (FY 2025) | 47.0% | New Delhi, Delhi, India | |||
| Vallath Education Private Limited | ₹3.45 Cr (FY 2025) | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Parimal and Pramod Chaudhari Foundation, buy the company report.
Auditor
Parimal and Pramod Chaudhari Foundation is audited by V.S.POTDAR& CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.S.POTDAR& CO. | FY 2017 | 107984W |
Shareholding
The shareholding of Parimal and Pramod Chaudhari Foundation is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Parimal and Pramod Chaudhari Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Parimal and Pramod Chaudhari 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 Parimal and Pramod Chaudhari 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 Parimal and Pramod Chaudhari Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Parimal and Pramod Chaudhari Foundation has 9 board changes on record since 2009: 3 appointments and 6 cessations. The latest: Parimal Pramod Chaudhari ceased to be Director on 21 May 2019.
AGM
Parimal And Pramod Chaudhari Foundation last Annual general meeting of members was held on 30 Jul 2025 as per latest MCA records.
Filing
Parimal And Pramod Chaudhari Foundation has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Parimal Pramod Chaudhari ceased to be Director.
Appointed
Pramod Madhukar Chaudhari was appointed as Director.
Ceased
Sivaramakrishnan Srinivasan Iyer ceased to be Director.
Ceased
Chandrashekhar Dattatraya Dasnurkar ceased to be Additional Director.
Ceased
Anil Paranjape ceased to be Director.
Appointed
Chandrashekhar Dattatraya Dasnurkar was appointed as Director.
Ceased
Himanshu Shantilal Kamdar ceased to be Director.
Appointed
Parimal Pramod Chaudhari was appointed as Director.
Ceased
Satish Tukaram Singasane ceased to be Director.
Incorporation
19 Nov 2008
Parimal And Pramod Chaudhari Foundation was registered on 19 Nov 2008 with Roc Pune & aged 17 years 11 months as per MCA records.
Frequently asked questions
Parimal and Pramod Chaudhari Foundation is an active private not for profit company based in Pune, Maharashtra, India. The company works in science research, within the research and development industry. It was incorporated on 19 November 2008 (18+ years old) and is registered under CIN U73100PN2008NPL136274.
Parimal and Pramod Chaudhari Foundation has 3 current directors:
- Pramod Madhukar Chaudhari - Director
- Parimal Pramod Chaudhari - Director
- Chandrashekhar Dattatraya Dasnurkar - Director
The latest financial statements of Parimal and Pramod Chaudhari Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 July 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Parimal and Pramod Chaudhari Foundation is U73100PN2008NPL136274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parimal and Pramod Chaudhari Foundation was incorporated on 19 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Parimal and Pramod Chaudhari Foundation by revenue are Jaipuria Educational Services Private Limited, Paniit Alumni Reach for Madhya Pradesh (Param) Foundation, Badminton Gurukul Private Limited, Sacredstep School Private Limited, Mohit Educomp Private Limited and 5 more, all in the same principal business activity (education).
Parimal Pramod Chaudhari ceased to be Director on 21 May 2019. Pramod Madhukar Chaudhari was appointed as Director on 08 Feb 2019. Sivaramakrishnan Srinivasan Iyer ceased to be Director on 03 Dec 2018. Parimal and Pramod Chaudhari Foundation has 9 board changes on record in total.
The registered office of Parimal and Pramod Chaudhari Foundation is at P – Cube House Cst No. 1443 – B – 1 Pashan Road Opp. Gate No. 4 Abhimanshree Society Au, Ndh, Pune, Maharashtra, India – 411008.
Parimal and Pramod Chaudhari Foundation operates in the research and development industry, in the science research segment.
The compliance status of Parimal and Pramod Chaudhari Foundation is compliant as of 04 September 2026. The company is actively filing with the Registrar of Companies.
Yes. Parimal and Pramod Chaudhari Foundation was formerly known as Fusiontech Ventures Private Limited, Fusiontech Ventures.