Sai Technology Business Incubator Foundation
About Sai Technology Business Incubator Foundation
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Sai Technology Business Incubator Foundation is a private not for profit company based in Visakhapatnam, Andhra Pradesh, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 20 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2017NPL104848.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Satya Kiriti Velivela and Anand Govindaluri.
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 50 – 40 – 8 Seethammadhara, Visakhapatnam, Andhra Pradesh, India – 530013.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.2 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹25,192 (net margin -21%) and EBITDA of -₹5,192 (EBITDA margin -4.3%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sai Technology Business Incubator Foundation's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address50 – 40 – 8 Seethammadhara, Visakhapatnam, Andhra Pradesh, India – 530013
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Sai Technology Business Incubator 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
Financials of Sai Technology Business Incubator Foundation
FY 2025 filings availableSai Technology Business Incubator Foundation reported revenue of ₹1.2 Lakh (up 168% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 168% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹1.2 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | -₹5,192 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹25,192 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -4.3% | |||
| Net Profit Margin | -21% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Current Ratio | ||||
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| Receivable Days | ||||
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| Revenue Growth | ||||
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To see the full financial statements and ratios of Sai Technology Business Incubator Foundation, buy the company report.
Board of directors of Sai Technology Business Incubator Foundation
Sai Technology Business Incubator Foundation has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satya Kiriti Velivela | Director | 15 Apr 2019 | 7 Years 6 Months | Current |
| Anand Govindaluri Also directs: Govin Investment Advisors Private Limited, Startup Accelerator India Private Limited, Greenline Labs Private Limited and 1 more | Director | 20 Jan 2017 | 9 Years 9 Months | Current |
| Balaji Seshadri Ayyangar Also directs: Upcelerator Solutions Private Limited | Director | 10 Feb 2018 | 8 Years 8 Months | Current |
Legal cases
No court or tribunal cases involving Sai Technology Business Incubator 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 Sai Technology Business Incubator 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 Sai Technology Business Incubator Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sai Technology Business Incubator Foundation has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Satya Kiriti Velivela ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Sai Technology Business Incubator Foundation is an active private not for profit company based in Visakhapatnam, Andhra Pradesh, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 20 January 2017 (9+ years old) and is registered under CIN U74999AP2017NPL104848.
Sai Technology Business Incubator Foundation has 3 current directors:
- Satya Kiriti Velivela - Director
- Anand Govindaluri - Director
- Balaji Seshadri Ayyangar - Director
The latest financial statements of Sai Technology Business Incubator 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 2017 are in the company report.
The CIN (Corporate Identification Number) of Sai Technology Business Incubator Foundation is U74999AP2017NPL104848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Technology Business Incubator Foundation was incorporated on 20 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
Satya Kiriti Velivela ceased to be Additional Director on 30 Sep 2019. Satya Kiriti Velivela was appointed as Director on 15 Apr 2019. Balaji Seshadri Ayyangar ceased to be Additional Director on 31 Dec 2018. Sai Technology Business Incubator Foundation has 6 board changes on record in total.
The registered office of Sai Technology Business Incubator Foundation is at 50 – 40 – 8 Seethammadhara, Visakhapatnam, Andhra Pradesh, India – 530013.
Sai Technology Business Incubator Foundation operates in the business services industry, in the miscellaneous business activities segment.
The compliance status of Sai Technology Business Incubator Foundation is compliant as of 14 August 2026. The company is actively filing with the Registrar of Companies.
Sai Technology Business Incubator Foundation can be reached at its registered office: 50 – 40 – 8 Seethammadhara, Visakhapatnam, Andhra Pradesh, India – 530013.
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