Myelin Foundry Private Limited
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Myelin Foundry Private Limited - overview
Established
2019
Location
Bangalore, Karnataka, India
Primary Industry
Software
About
Founded in 2019 and based in Karnataka, India, Myelin Foundry Private Limited operates as a deep technology company that offers software solutions. The company was founded by CEO Gopichand Katragadda and CTPO Anusha Rammohan. In February 2026, Myelin Foundry Pvt. Ltd.
raised INR 480 million in venture funding by ASM Technologies Limited. The firm’s product line includes Fovea STREAM, an AI-powered video enhancement platform; Fovea EDGE, which is a suite of AI-powered tools designed for automated visual inspection tasks on factory floors; and Fovea AUTO, which is a platform that automates visual inspection in factories and helps manufacturers automate visual inspection tasks on the factory floor using AI. The company plans to use the funds raised in February 2026 to integrate edge-based AI into ASM’s manufacturing offerings to support real-time operational insights.
Current Investors
Endiya, Pratithi Investment Trust, Beyond Next Ventures
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Multimedia & Graphics
Website
www.myelinfoundry.ai
Verticals
Artificial Intelligence, Big Data, Cloud Computing, IoT (Internet of Things)
Company Stage
Series B
Total Amount Raised
Subscriber access only
Myelin Foundry Private Limited - timeline of key events
Myelin Foundry Private Limited - financials
| Fiscal Year Ended | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 |
|---|---|---|---|---|
| Revenue (USD) | 9,600,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | (46,217,987) | - | - | - |
| Operating Income (USD) | (47,495,204) | - | - | - |
| Operating Margin | (494.7%) | - | - | - |
| % EBITDA Margin | (481.4%) | - | - | - |
| NET Income (USD) | (47,600,452) | - | - | - |
| % Net Margin | (495.8%) | - | - | - |
Myelin Foundry Private Limited - employee data
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