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Foundation For Sandboxstartup Initiatives

Supporting entrepreneurs through innovation and development of new products.
2016 | Hubli, Karnataka (India) | Active

Last Updated:

July 16, 2024
HomeCompanyFoundation For Sandboxstartup Initiatives

Who are the key members and board of directors at Foundation For Sandboxstartup Initiatives?

Executive Team (1)

NameDesignationAppointment DateStatus
Karthik SankaranCEO15-Jun-2023Current

Board Members(5)

NameDesignationAppointment DateStatus
Ramanathan Narayanan In Director 06-May-2016Current
Geereddy Reddy Us Director 23-Aug-2021Current
Rachit Parekh In Additional Director 25-Sep-2023Current
Rajiv Prakash In Director 27-Dec-2016Current
Sankaran Karthik In Whole-Time Director 26-Aug-2023Current

Financial Performance of Foundation For Sandboxstartup Initiatives.

Foundation For Sandboxstartup Initiatives, for the financial year ended 2023, experienced significant growth in revenue, with a 212.3% increase. The company also saw a substantial fall in profitability, with a 131.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 38.76%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
212.30%
Revenue from Operations
248.72%
Total Assets
-25.58%
Profit or Loss
-131.52%
Net Worth
-38.76%
EBITDA
-133.33%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

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

How Many Employees Work at Foundation For Sandboxstartup Initiatives?

Foundation For Sandboxstartup Initiatives has a workforce of 58 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Foundation For Sandboxstartup Initiatives

Recent activity within the organization

  • Director Appointment

    Rachit Nayan Parekh was appointed as a Additional Director was appointed as a Additional Director on 25 Sep 2023 & has been associated with this company since 1 year 3 months .

    25 Sep 2023

  • Annual General Meeting

    Foundation For Sandboxstartup Initiatives last Annual general meeting of members was held on 26 Aug 2023 as per latest MCA records.

    26 Aug 2023

  • Director Appointment

    Sankaran Karthik was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 26 Aug 2023 & has been associated with this company since 1 year 4 months .

    26 Aug 2023

  • Balance Sheet

    Foundation For Sandboxstartup Initiatives has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Geereddy Reddy was appointed as a Director was appointed as a Director on 23 Aug 2021 & has been associated with this company since 3 years 4 months .

    23 Aug 2021

  • Director Appointment

    Rajiv Prakash was appointed as a Director was appointed as a Director on 27 Dec 2016 & has been associated with this company since 7 years 11 months .

    27 Dec 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Foundation For Sandboxstartup Initiatives was incorporated on 06 May 2016.

  • The authorized share capital of Foundation For Sandboxstartup Initiatives is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 6 directors are associated with Foundation For Sandboxstartup Initiatives.

    • Geereddy Reddy
    • Ramanathan Narayanan
    • Rachit Nayan Parekh
    • Rajiv Prakash
    • Sankaran Karthik
    • Karthik Sankaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Foundation For Sandboxstartup Initiatives is Next To International Airport Gokul Road Opp To Gokul Village, Hubli, Karnataka, India, 580030.

  • The corporate identification number (CIN) of Foundation For Sandboxstartup Initiatives is U74999KA2016NPL092977 and the company number is 092977 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Foundation For Sandboxstartup Initiatives is https://www.sandboxstartups.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Foundation For Sandboxstartup Initiatives has risen by 212.30%.

  • As Per 2023 financial reports, 58 employees are currently employed by Foundation For Sandboxstartup Initiatives.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Foundation For Sandboxstartup Initiatives has experienced an downturn of -38.76%.

  • The most recent Balance Sheet for Foundation For Sandboxstartup Initiatives was filed with the ROC on 31 Mar 2023.

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