Foundation For Interoperability In Digital Economy

Developing open technology specifications for sustainable digital commerce in India.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated:

Foundation For Interoperability In Digital Economy Profile

Key Indicators

  • Authorised Capital ₹ 8.50 M
  • Paid Up Capital ₹ 8.50 M
  • Company Age 5 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -25.22%
  • Profit Growth -180.67%
  • Ebitda -128.62%
  • Net Worth -83.27%
  • Total Assets -59.43%

About Foundation For Interoperability In Digital Economy

Foundation For Interoperability In Digital Economy (FFIIDE) is a Private Not For Profit Company incorporated in India on 13 September 2019 (Five years and six months 14 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Beckn Foundation. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 8.50 M and a paid-up capital of Rs 8.50 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Foundation For Interoperability In Digital Economy India is Sujith Nair as CEO. Sreedhar Kikkeri and Sreepriya Sivaraman serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2019NPL127900

  • Company No.

    127900

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    13 Sep 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Foundation For Interoperability In Digital Economy?

Executive Team (1)

NameDesignationAppointment DateStatus
Sujith Nair Country flag representing In CEO03-Oct-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Sreepriya Sivaraman Country flag representing In Director 08-Aug-2023Current
Sreedhar Kikkeri Country flag representing In Director 03-Nov-2023Current

Financial Performance of Foundation For Interoperability In Digital Economy.

Foundation For Interoperability In Digital Economy, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.22% decrease. The company also saw a substantial fall in profitability, with a 180.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 83.27%.

Foundation For Interoperability In Digital Economy revenue growth over time
Foundation For Interoperability In Digital Economy profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-25.22%
Revenue from Operations
-25.22%
Total Assets
-59.43%
Profit or Loss
-180.67%
Net Worth
-83.27%
EBITDA
-128.62%

What is the Ownership and Shareholding Structure of Foundation For Interoperability In Digital Economy?

In 2023, Foundation For Interoperability In Digital Economy had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Foundation For Interoperability In Digital Economy?

Unlock and access historical data on people associated with Foundation For Interoperability In Digital Economy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Foundation For Interoperability In Digital Economy

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Foundation For Interoperability In Digital Economy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Foundation For Interoperability In Digital Economy's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Foundation For Interoperability In Digital Economy

Recent activity within the organization

  • Annual General Meeting

    Foundation For Interoperability In Digital Economy last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Foundation For Interoperability In Digital Economy has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Sreedhar Venkateshmurthy Kikkeri was appointed as a Director was appointed as a Director on 03 Nov 2023 & has been associated with this company since 1 year 4 months .

  • Director Appointment

    Sreepriya Nellicherry Sivaraman was appointed as a Director was appointed as a Director on 08 Aug 2023 & has been associated with this company since 1 year 7 months .

  • Director Appointment

    Sujith Krishnan Nair was appointed as a Ceo was appointed as a Ceo on 03 Oct 2019 & has been associated with this company since 5 years 5 months .

  • Company Incorporation

    Foundation For Interoperability In Digital Economy was registered on 13 Sep 2019 with Roc Bangalore & aged 5 years 6 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Foundation For Interoperability In Digital Economy?

    Foundation For Interoperability In Digital Economy was incorporated on 13 Sep 2019.

  • What is authorized share capital and paid-up capital of Foundation For Interoperability In Digital Economy?

    The authorized share capital of Foundation For Interoperability In Digital Economy is ₹ 8.50 M and paid-up capital is ₹ 8.50 M.

  • Who are the current board members & directors of Foundation For Interoperability In Digital Economy?

    Currently 3 directors are associated with Foundation For Interoperability In Digital Economy.

    • Sreedhar Venkateshmurthy Kikkeri
    • Sreepriya Nellicherry Sivaraman
    • Sujith Krishnan Nair
  • What is the registered address of Foundation For Interoperability In Digital Economy?

    As per Ministry of Corporate Affairs (Mca), the registered address of Foundation For Interoperability In Digital Economy is No.85 Quorum 7Th Cross Road Koramangala 4Th Block, India, Bangalore, Karnataka, 560034.

  • What is the corporate identification number (CIN) and company number of Foundation For Interoperability In Digital Economy?

    The corporate identification number (CIN) of Foundation For Interoperability In Digital Economy is U72900KA2019NPL127900 and the company number is 127900 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Foundation For Interoperability In Digital Economy?

    The Official website of Foundation For Interoperability In Digital Economy is https://www.becknfoundation.org

  • What has been the recent revenue trend for Foundation For Interoperability In Digital Economy?

    According to the financial reports for the fiscal year 2023, the revenue trend for Foundation For Interoperability In Digital Economy has fallen by -25.22%.

  • What change has been observed in the net worth of Foundation For Interoperability In Digital Economy, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Foundation For Interoperability In Digital Economy has experienced an downturn of -83.27%.

  • When was the last Balance Sheet of Foundation For Interoperability In Digital Economy filed with the ROC?

    The most recent Balance Sheet for Foundation For Interoperability In Digital Economy was filed with the ROC on 31 Mar 2024.

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