Review Time
Foundersol and DaaP Inc are scam companies. They operate as the same entity. They hire developers, and after the work is completed, they say that the payment will be released at the end of the month. However, when the month ends, they scam the developers by claiming that their director had a heart attack and died, so no payment can be made. That director is Indian and has reportedly been scamming people for a long time. It was previously found that he has scammed many people. They make developers work and then block them.
The individual known as “Steve Smith” is, in fact, the owner, Karthik Uppuluri.
We purchased a pre-built SaaS product from Foundersol, and the experience was excellent from start to finish.
The product was well-structured, professionally developed, and ready to deploy. It saved us a significant amount of time and development costs. Everything was delivered as promised, and their team was very responsive whenever we had questions or needed clarification.
They also provided clear guidance on setup and customization, which made the transition smooth for our team.
Highly recommended if you’re looking for reliable, ready-made SaaS solutions backed by solid support!
I am posting this as a professional warning to any developers, contractors or clients considering working with Foundersol. This entity is a rebrand of 'DaaP Inc' (Chicago-based), which currently owes thousands in unpaid wages to its development team.I am personally owed $1,150.00 for finalized software development work. Management acknowledged the debt but issued a notice of a 'six month delay' for settlement while simultaneously launching this new Foundersol brand to solicit new business.Furthermore, be advised that leadership frequently operates under aliases. The individual known as 'Steve Smith' is in fact the owner, Karthik Uppuluri. This lack of transparency and refusal to settle existing liabilities is a major red flag for any professional engagement.A formal wage claim has been filed with the Illinois Department of Labor. I strongly advise against any financial or professional association with Foundersol or its directors, Srivalli Evani and Karthik Uppuluri, until all outstanding debts from their previous entity are settled in full.
This is a scamThe name of the company was DAAP IncWhere they hired 15-20 individuals for multiple roles like developers, HRs, deployment specialists and stuff on contract basis.These people worked for around 1 month, and when it was the time to deliver salary, all the company accounts of these people were shut down, The company changed the name from DAAP Inc to FounderSol, along with the Linkedin name and the websiteRefrain working with these people, or if you must, be prepared to get paid nothing
Foundersol and DaaP Inc are scam companies. They operate as the same entity. They hire developers, and after the work is completed, they say that the payment will be released at the end of the month. However, when the month ends, they scam the developers by claiming that their director had a heart attack and died, so no payment can be made. That director is Indian and has reportedly been scamming people for a long time. It was previously found that he has scammed many people. They make developers work and then block them.The individual known as “Steve Smith” is, in fact, the owner, Karthik Uppuluri.
I had an excellent experience with Foundersol. We got our company incorporated in the UK in less than 24 hours, which was incredibly impressive. The entire process was smooth, fast, and very well organized.What stood out the most was their responsiveness and professionalism. They guided us through every step and made sure everything was handled efficiently. On top of that, they also assisted us with opening a bank account in Hong Kong, which made the whole setup process even more convenient for our business.I highly recommend Foundersol to anyone looking for fast and reliable company formation services. Truly a hassle-free experience!
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