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Fovea Infotech crosses Rs 50 lakh turnover in first year

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Fovea Infotech logo
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

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