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The Foundation for Independent Journalism

The Foundation for Independent Journalism

The Foundation for Independent Journalism is a non- profit organization which publishes The Wire, a digital news website. It is founded by the editors Siddharth Varadarajan, Sidharth Bhatia and M.K. Venu. The foundation has a revenue of INR 55.65 Million in the 2017-18 but it is running loss. The foundation was initially funded by the Independent and Public-Spirited Media Foundation which is a public charitable trust.

Key facts

Business Form


Legal Form

Non For Profit Corporation

Business Sectors

Online news media

Media Outlets
Other Media Outlets

Other Online Outlets (Missing Data)


General Information

Founding Year


Affiliated Interests Founder

Siddharth Varadarajan

is one of the Founding Editors of The Wire, the digital news platform. Starting his career as a Professor at the New York University, he went on to become the first editor of the newspaper, outside of the owner’s family – of The Hindu. He left The Hindu in the year 2014 and founded The Wire, along with Sidharth Bhatia and Mangalam Kesavan Venu in the year 2015. Mr. Varadarajan was awarded with the Elizabeth Neuffer Memorial Prize Silver Medal for Print Journalism, in 2005. Varadarajan is also the recipient of Bernardo O’Higgins Order award by the President of Chile, the highest civilian honour for foreign citizen, in 2006 and in 2010 he received the Ramnath Goenka Award for the Journalist of the Year. Siddarth Varadarajan is a Member of Indian Council of World Affairs, a Board Member of Inter-Govermental B. P. Koirala India-Nepal Foundation, Member of International Founding Committee of The Real News. Varadarajan has studied Economics from the London School of Economics and Columbia University.


Missing Data


The Wire, F44-45, Bhagat Singh Market,

Shaheed Bhagat Singh Marg,

Gole Market, New Khanna Market,

New Delhi, Delhi 110001



Tax/ ID Number


Financial Information

Revenue (Financial Data/ Optional)

INR 56.5 Million / USD 0.849 Million

Operating Profit (in Mill. $)

INR -0.473 Million/ USD- 0.07 Million

Advertising (in % of total funding)

Missing Data

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

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Meta Data

The Wire is a news website which publishes its content through its foundation i.e., The Foundation For Independent Journalism. The foundation is a non-for-profit organization. Since, there is no annual report of the foundation the founders have updated its investors and funds information on the website and for annual income and profit/loss information Ministry of Corporate Affairs. The financial of the company takes into account the foreign exchange rate i.e, USD 65.22 prevalent in March 2018. Information on the management structure is not available.


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