Welive Foundation
About Welive Foundation
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Welive Foundation is a private not for profit company based in Bangalore, Karnataka, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 25 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85320KA2019NPL129999.
It is led by directors including Parthasarathy Namakal Srinivasan and Anant Gangola.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.68 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹27.46 Lakh (net margin 16.3%) and EBITDA of ₹29.7 Lakh (EBITDA margin 17.7%). Revenue has grown at a compounded annual rate (CAGR) of 160% over three years.
Company details
Contact details
Welive Foundation's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address135 3rd Cross Rd, Behind Gulabi High School Nandi Durga Road Extension Jayamahal, Bangalore, Karnataka, India – 560046
- IndustryNon-Profit Organizations, Social Work, Social Work Activities Without Accommodation
To see the full contact details of Welive 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 Welive Foundation
FY 2024 filings availableWelive Foundation reported revenue of ₹1.68 Cr (up 68% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 160% over three years, including 68% growth in the latest year. EBITDA rose 75% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹29.7 Lakh | ||||
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| Net Profit (PAT) | ₹27.46 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 17.7% | ||||
| Net Profit Margin | 16.3% | ||||
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To see the full financial statements and ratios of Welive Foundation, buy the company report.
Board of directors of Welive Foundation
Welive Foundation has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parthasarathy Namakal Srinivasan Also directs: Lomasa Advisors LLP, Memorable Minds LLP, Mindgrove Technologies Private Limited and 5 more | Director | 15 Apr 2020 | 6 Years 6 Months | Current |
| Anant Gangola | Director | 07 Sep 2020 | 6 Years 2 Months | Current |
| Vinay Chamarajnagar Ramesh | Director | 01 Feb 2024 | 2 Years 9 Months | Current |
| Priya Varadarajan Also directs: Railway Children India | Director | 10 Oct 2022 | 4 Years 1 Months | Current |
Legal cases
No court or tribunal cases involving Welive 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 Welive 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 Welive Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Welive Foundation has 7 board changes on record since 2020: 4 appointments and 3 cessations. The latest: Srikanth Satyasurya Gollakota ceased to be Director on 25 Aug 2024.
Frequently asked questions
Welive Foundation is an active private not for profit company based in Bangalore, Karnataka, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 25 November 2019 (7+ years old) and is registered under CIN U85320KA2019NPL129999.
Welive Foundation has 4 current directors:
- Parthasarathy Namakal Srinivasan - Director
- Anant Gangola - Director
- Vinay Chamarajnagar Ramesh - Director
- Priya Varadarajan - Director
The latest financial statements of Welive Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Welive Foundation is U85320KA2019NPL129999. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welive Foundation was incorporated on 25 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Srikanth Satyasurya Gollakota ceased to be Director on 25 Aug 2024. Vinay Chamarajnagar Ramesh was appointed as Director on 01 Feb 2024. Priya Varadarajan was appointed as Director on 10 Oct 2022. Welive Foundation has 7 board changes on record in total.
The registered office of Welive Foundation is at 135 3rd Cross Rd, Behind Gulabi High School Nandi Durga Road Extension Jayamahal, Bangalore, Karnataka, India – 560046.
Welive Foundation operates in the non-profit organizations industry, in the social work segment.
Welive Foundation can be reached at its registered office: 135 3rd Cross Rd, Behind Gulabi High School Nandi Durga Road Extension Jayamahal, Bangalore, Karnataka, India – 560046.
Welive Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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