About Saasboomi Foundation
Data last updated:
Saasboomi Foundation is a private not for profit company based in Chennai, Tamil Nadu, India. It operates in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 16 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U91910TN2020NPL136433. Its GSTIN is 33ABDCS9782L1ZO (Tamil Nadu).
It is led by directors including Suresh Sabapathy Sambandam and Avinash Raghava.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 164 B – 13 Arun Flats Lake View Road West Mambalam, Chennai, Tamil Nadu, India – 600033.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.96 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹1.35 Cr (net margin -13.5%) and EBITDA of -₹1.35 Cr (EBITDA margin -13.5%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years.
The company is associated with 3 brands: Zip Top, SaaSBOOMi and SaaSBoomi. Court records list 6 cases involving the company, including 6 filed by the company.
For more details, the company can be reached via its website saasboomi.com.
Company details
Contact details
Saasboomi Foundation's registered office is in Chennai, Tamil Nadu. Its website is saasboomi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 164 B – 13 Arun Flats Lake View Road West Mambalam, Chennai, Tamil Nadu, India – 600033
- IndustryInformation Technology, SaaS (Software as a Service) Providers
To see the full contact details of Saasboomi Foundation, 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
Saasboomi Foundation operates multiple associated brands including Zip Top, SaaSBOOMi, and SaaSBoomi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sells reusable silicone bags, cups, and dishes for sustainable living. | ziptop.com | |
| A community for SaaS and AI founders focused on networking, events, and resources. | saasboomi.org | |
| A community for SaaS and AI founders focused on enabling growth through peer support and resources. | saasboomi.com |
Business activity
The main business activity of Saasboomi Foundation is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Saasboomi Foundation, buy the company report.
Financials of Saasboomi Foundation
FY 2024 filings availableSaasboomi Foundation reported revenue of ₹9.96 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 171% 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 | -₹1.35 Cr | ||||
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| Net Profit (PAT) | -₹1.35 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 | -13.5% | ||||
| Net Profit Margin | -13.5% | ||||
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To see the full financial statements and ratios of Saasboomi Foundation, buy the company report.
Board of directors of Saasboomi Foundation
Saasboomi Foundation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Sabapathy Sambandam Also directs: Mudhalvc Partners LLP, Orangescape Technologies Private Limited, LCNC IT Services Private Limited and 1 more | Director | 16 Jul 2020 | 6 Years 3 Months | Current |
| Avinash Raghava | Director | 16 Jul 2020 | 6 Years 3 Months | Current |
| Manav Garg Also directs: Together Advisors LLP, TG Investment Managers Ifsc LLP, TG Fund Managers LLP and 1 more | Director | 16 Jul 2020 | 6 Years 3 Months | Current |
Auditor
Saasboomi Foundation is audited by HSA &ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HSA &ASSOCIATES | FY 2023 | 013695S |
Shareholding
The shareholding of Saasboomi Foundation is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public |
To see the full shareholding pattern of Saasboomi Foundation, buy the company report.
Legal cases
Saasboomi Foundation has 6 court cases on record: 6 filed by Saasboomi Foundation. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 0 |
Cases on record (3 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed by the company against Dell India Private Limited (Formerly Known As Dell India Private Limited) | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed by the company against Dell India Private Limited | Disposed |
| High Court, TAMIL NADU | Original application | Filed by the company against Dell India Private Limited | Disposed |
To see the full case history of Saasboomi Foundation, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saasboomi Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saasboomi Foundation has 1 active EPFO establishment as of Apr 04, 2024.
GST
Saasboomi Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABDCS9782L1ZO | Tamil Nadu | Active | 24 Sep 2020 |
To see the full GST registrations and return filing status of Saasboomi Foundation, buy the company report.
Recent activity
Saasboomi Foundation has 3 board changes on record since 2020: 3 appointments. The latest: Avinash Raghava was appointed as Director on 16 Jul 2020.
Frequently asked questions
Saasboomi Foundation is an active private not for profit company based in Chennai, Tamil Nadu, India. The company works in saas (software as a service) providers, within the information technology industry. It was incorporated on 16 July 2020 (6+ years old) and is registered under CIN U91910TN2020NPL136433.
Saasboomi Foundation has 3 current directors:
- Suresh Sabapathy Sambandam - Director
- Avinash Raghava - Director
- Manav Garg - Director
The latest financial statements of Saasboomi Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Saasboomi Foundation is 33ABDCS9782L1ZO, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Saasboomi Foundation is U91910TN2020NPL136433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saasboomi Foundation has 6 court cases on record: 6 filed by the company.
Saasboomi Foundation was incorporated on 16 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
Avinash Raghava was appointed as Director on 16 Jul 2020. Manav Garg was appointed as Director on 16 Jul 2020. Suresh Sabapathy Sambandam was appointed as Director on 16 Jul 2020.
Saasboomi Foundation can be reached through the website saasboomi.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Saasboomi Foundation is at No 164 B – 13 Arun Flats Lake View Road West Mambalam, Chennai, Tamil Nadu, India – 600033.