About Villgro Innovations Foundation
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Villgro Innovations Foundation is a public not for profit company based in Chennai, Tamil Nadu, India. It operates in the membership organizations segment of the membership organisations sector. It was incorporated on 03 May 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U91990TN2001NPL047075.
It was formerly known as Rural Innovations Networks Foundation and Grassroots Innovations Augmentation Networks Foundation (South). It is led by directors including Indumathi Manivannan Nambi and Dimple Manish Gujral.
Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at III Floor Iit Madras Research Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.56 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net profit of ₹4.28 Cr (net margin 10.3%) and EBITDA of ₹4.31 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 11% over five years.
The company is associated with 1 brand: Villgro. The company has 1 deal on record (1 funding round), with disclosed funding of ₹20 Cr; the latest was in January 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website villgro.org.
Company details
Name history
Villgro Innovations Foundation has undergone 2 name changes throughout its history. The company was previously known as Rural Innovations Networks Foundation, and Grassroots Innovations Augmentation Networks Foundation (South). The current legal name is Villgro Innovations Foundation.
| Company Name | Status |
|---|---|
| Villgro Innovations Foundation | Current |
| Rural Innovations Networks Foundation | Previous |
| Grassroots Innovations Augmentation Networks Foundation (South) | Previous |
Contact details
Villgro Innovations Foundation's registered office is in Chennai, Tamil Nadu. Its website is villgro.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIII Floor Iit Madras Research Park Building Kanagam Road Taramani(Behind TIDEL Park, ), Chennai, Tamil Nadu, India – 600113
- IndustryMembership Organizations, Membership Organizations
To see the full contact details of Villgro Innovations 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
Villgro Innovations Foundation operates one associated brand: Villgro. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Incubation of social enterprises in climate-smart agriculture, healthcare, and climate action sectors. | villgro.org |
Financials of Villgro Innovations Foundation
FY 2025 filings availableVillgro Innovations Foundation reported revenue of ₹41.56 Cr (up 80% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 80% growth in the latest year. EBITDA rose 913% 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 | ₹4.31 Cr | ||||
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| Net Profit (PAT) | ₹4.28 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 | 10.4% | ||||
| Net Profit Margin | 10.3% | ||||
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To see the full financial statements and ratios of Villgro Innovations Foundation, buy the company report.
Board of directors of Villgro Innovations Foundation
Villgro Innovations Foundation has 5 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indumathi Manivannan Nambi Also directs: Nilamneer Private Limited, Tamil Nadu Working Women's Hostels Corporation Limited, Futura Edtech Private Limited and 1 more | Director | 16 Oct 2023 | 3 Years 0 Months | Current |
| Kairas Jehangir Vakharia | Additional Director | 14 Jul 2025 | 1 Years 3 Months | Current |
| Dimple Manish Gujral Also directs: Skylish Petcare Private Limited | Director | 08 Aug 2019 | 7 Years 2 Months | Current |
| Sameer Dilip Mehta Also directs: Quality Health Angels LLP, Food Finders Private Limited, Healthcaredialog Media Private Limited and 5 more | Director | 01 Aug 2023 | 3 Years 3 Months | Current |
| Ranjeev Lodha Ugamraj Also directs: Ivp Ltd | Director | 22 Aug 2023 | 3 Years 2 Months | Current |
Auditor
Villgro Innovations Foundation is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W / W-100022 |
Shareholding
The shareholding of Villgro Innovations Foundation is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Villgro Innovations Foundation, buy the company report.
Deals & funding
Villgro Innovations Foundation has 1 deal on record (1 funding round), with disclosed funding of ₹20 Cr; the latest was in January 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2015 | Funding round | ₹20 Cr | Investors: Michael & Susan Dell Foundation |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Villgro 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 Villgro 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 Villgro Innovations Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Villgro Innovations Foundation has 26 board changes on record since 2007: 6 appointments and 20 cessations. The latest: Kairas Jehangir Vakharia was appointed as Additional Director on 14 Jul 2025.
17 earlier events are in the company report.
News
Frequently asked questions
Villgro Innovations Foundation is an active public not for profit company based in Chennai, Tamil Nadu, India. The company works in the membership organizations industry. It was incorporated on 03 May 2001 (25+ years old) and is registered under CIN U91990TN2001NPL047075.
Villgro Innovations Foundation has 5 current directors:
- Indumathi Manivannan Nambi - Director
- Kairas Jehangir Vakharia - Additional Director
- Dimple Manish Gujral - Director
- Sameer Dilip Mehta - Director
- Ranjeev Lodha Ugamraj - Director
The latest financial statements of Villgro Innovations Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 August 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Villgro Innovations Foundation is U91990TN2001NPL047075. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Villgro Innovations Foundation was incorporated on 03 May 2001, making it 25+ years old. It is registered with the Registrar of Companies, Chennai.
Villgro Innovations Foundation has 1 deal on record (1 funding round), with disclosed funding of ₹20 Cr; the latest was in January 2015.
Kairas Jehangir Vakharia was appointed as Additional Director on 14 Jul 2025. Indumathi Manivannan Nambi ceased to be Additional Director on 19 Sep 2024. Ashwin Mahalingam ceased to be Director on 17 May 2024. Villgro Innovations Foundation has 26 board changes on record in total.
Villgro Innovations Foundation can be reached through the website villgro.org. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Villgro Innovations Foundation is at III Floor Iit Madras Research Park Building Kanagam Road TaramaniBehind TIDEL Park, , Chennai, Tamil Nadu, India – 600113.
Villgro Innovations Foundation operates in the membership organizations industry.
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