Results · Enterprise Software & IT
Fovea Infotech crosses Rs 50 lakh turnover in first year
By Startup Enthusiast ·
- Date
- Company
- Fovea Infotech
- What it does
- AI-powered digital transformation agency
- Kind
- Results
- Amount
- Rs 50 lakh
- Based in
- Chandigarh
- Founded
- 2025
- Sector
- Enterprise Software & IT
What they do
Fovea Infotech is an AI-powered tech company offering custom software, AI automation, branding, and digital growth solutions
What happened
The student-founded startup crossed Rs 50 lakh in sales turnover in less than a year of operations
Why it matters
The milestone highlights the growing trend of student-led technology ventures emerging from university incubation ecosystems in India
The details
- Fovea Infotech crossed Rs 50 lakh in sales turnover in less than a year of commercial operations after being founded in July 2025.
- The company offers integrated technology and digital transformation services including custom software development, mobile apps, and AI automation.
- Founder Abubakar Akhlaq originally conceived the business idea in 2022 while studying computer science engineering at Chandigarh University.
- The firm provides RAG-based AI solutions (Retrieval-Augmented Generation, a technique that improves AI responses by fetching data from external sources), CRM and ERP development, and SaaS products.
- Fovea serves clients across sectors including real estate, hospitality, healthcare, education, manufacturing, retail, and professional services.
The bigger picture
- The startup aims to bridge the gap between technology and business by eliminating fragmented digital vendors and offering an integrated ecosystem under one roof.
- The milestone reflects the broader entrepreneurial push at Chandigarh University, which notes its students have created over 250 startups.
About the business
- Fovea Infotech operates as a digital acceleration and creative branding agency providing design, development, branding, eCommerce, and mobile applications.
- It builds high-performance digital products such as custom web platforms, mobile experiences, enterprise systems, and cloud-native engineering.
- The company offers growth optimization services through performance marketing, data analytics, conversion rate optimization, and ROI enhancement.
- It generates revenue by billing corporate clients and startups for technology services, custom software development, and digital marketing retainers.
- Fovea serves global clients across international markets including the Middle East, Europe, and North America.
What happens next
- The company plans to launch proprietary SaaS platforms and expand its artificial intelligence and automation product offerings.
- Fovea intends to expand its international client footprint across the Middle East, Europe, and North America.
- The firm aims to build strategic technology partnerships and create employment opportunities for young technology professionals.
The deal
- Type
- results
Founders
- Abubakar Akhlaq, Founder & CEO
Other articles talking about it
Same day
- CCI clears General Atlantic's extra ACKO stake18 August 2026 · Stake sale
- Resilient Asset Management sold Paytm shares worth ₹2,949 Cr to reduce its stake18 August 2026 · Stake sale · ₹2,948.9 crore
- Superhealth appoints Dunzo co-founder as operations head18 August 2026 · People
- Meesho acquires Kirana Club for ₹202 crore18 August 2026 · Analysis · ₹202 Cr
- Darwinbox faces buyout interest from Microsoft, Salesforce, and ADP18 August 2026 · Stake sale
- Lissun raises ₹48 crore in Series A funding round18 August 2026 · Funding · ₹48 crore ($5.7M est)