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Saankhya Labs - About the company

Saankhya Labs is an acquired company based in Bengaluru (India), founded in 2007 by Muthukrishnan Chinnasamy, Hemant Mallapur, Parag Naik, Venkagouda Krishnagouda Patil, Vishwakumara Kayargadde and Vishwakumara Kayargadde. It operates as a Provider of software defined radio based modules for video and data communication. Saankhya Labs has raised $27.9M in funding from investors like Nasscom, GM Ventures and KarMic Design, with last known valuation of $*****. The company has 341 active competitors, including 61 funded and 80 that have exited. Its top competitors include companies like Qualcomm, Marvell and Analog Devices.

Company Details

Saankhya Labs is an Intel Capital backed supplier of software defined demodulation IC solutions for universal digital TV, analog TV, radio, and other broadcast media. The demodulator finds its applications in TV, TV dongles, tablet devices, surveillance & automotive. Its SL100x Universal TV demodulator chip has been nominated as one of the finalists for the prestigious ACE awards instituted by UBM.
Social
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Registered Address
3rd Level, Mezaninne Floor, No.3, Infantry Road, Vasanth Nagar, Embassy icon Building, Bangalore, Bengaluru, Karnataka, India, 560001
Key Metrics
Founded Year
2007
Location
Bengaluru, India
Stage
Acquired
Total Funding
$27.9M in 8 rounds
Latest Funding Round
Last Known Valuation
$***** as on Mar 30, 2022
Investors
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2024
Employee Count
60 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Tejas Networks (Mar 30, 2022)

Saankhya Labs's acquisition details

Saankhya Labs got acquired by Tejas Networks on Mar 30, 2022 at an acquisition amount of $*****.
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Saankhya Labs's funding and investors

Saankhya Labs has raised a total funding of $27.9M over 8 rounds. Its first funding round was on Mar 15, 2008. Its latest funding round was a Series B round on Feb 12, 2020 for $*****. 1 investor participated in its latest round. Saankhya Labs has 18 institutional investors and 35 angel investors.

Here is the list of recent funding rounds of Saankhya Labs:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 12, 2020
4120577
Series B
4515446
8576272
8674859
7503978
Nov 17, 2017
5992960
Series A
3691121
8731670
5658723
8454796
Sep 28, 2016
6782441
Series A
9143507
4935291
8958585
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Saankhya Labs' founders and board of directors

Founder? Claim Profile
Here are the details of Saankhya Labs' key team members:

Saankhya Labs' Board of Directors

Saankhya Labs's board has 3 active members. Parag Naik and Vishwakumara Kayargadde are part of team and Mark Andrew Aitken is independent board member.
Here is the list of Saankhya Labs' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
19y 10m
Team
-
Current
19y 10m
fhvuutt
Team
-
Past
1y 1m
ctoiiil
Team
-
Past
7y 9m
wwxffbk
Team
-
Past
3y 6m
rqifevr
Independent board member
-
Past
8y 7m
iirsijw
Independent board member
-
Past
5y 9m
b{nengx
Independent board member
-
Past
7y 4m
slsyvwp
Independent board member
-
Past
1y 3m

Saankhya Labs' employee count trend

Saankhya Labs has 60 employees as of Sep 26. Here is Saankhya Labs's employee count trend over the years:
Employee count trend for Saankhya Labs
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Saankhya Labs's Competitors and alternates

Top competitors of Saankhya Labs include Qualcomm, Marvell and Analog Devices. Here is the list of Top 10 competitors of Saankhya Labs, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Qualcomm
Qualcomm
1985, San Diego (United States), Public
Provider of semiconductor products and wireless technology solutions powering mobile communications
-
79/100
2nd
Logo for Marvell
Marvell
1995, Santa Clara (United States), Public
Provider of a semiconductor and data-infrastructure company
-
78/100
3rd
Logo for Analog Devices
Analog Devices
1965, Wilmington (United States), Public
Manufacturer of mixed-signal and digital signal processing integrated circuit solutions
-
74/100
4th
Logo for Cirrus Logic
Cirrus Logic
1984, Austin (United States), Public
Internet first brand offering analog, mixed-signal, and audio DSP integrated circuits
-
73/100
5th
Logo for Microchip Technology
Microchip Technology
1989, Chandler (United States), Public
Manufacturer of semiconductors, microcontrollers, and integrated circuits for various applications
-
72/100
6th
Logo for Qorvo
Qorvo
1991, Greensboro (United States), Public
Manufacturer of radio frequency (RF) and power solutions for multiple industries
-
71/100
7th
Logo for Tsinghua Unigroup
Tsinghua Unigroup
1988, Beijing (China), Acquired
Semiconductor and electronics device manufacturer
$1.52B
70/100
8th
Logo for Infineon
Infineon
1999, Neubiberg (Germany), Public
Manufacturer of multiple analog and mixed signal ICs
-
70/100
9th
Logo for STMicroelectronics
STMicroelectronics
1987, Geneva (Switzerland), Public
Manufacturer of semiconductors and related components for various applications globally
-
70/100
10th
Logo for ams OSRAM
ams OSRAM
1981, Graz (Austria), Public
Manufacturer of light and sensor solutions for diverse industry applications
-
68/100
21st
Logo for Saankhya Labs
Saankhya Labs
2007, Bengaluru (India), Acquired
Provider of software defined radio based modules for video and data communication
$27.9M
58/100
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Financials of Saankhya Labs

SAANKHYA LABS PRIVATE LIMITED, the legal entity associated with Saankhya Labs, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2024. The revenue of SAANKHYA LABS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 20% in the last 1 year.

Financial Statement Summary

Metrics
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
Income Statement
Revenue
2773
6532
4286
2898
4073
Total Sales
3141
3554
7046
8978
3675
Total Expenses
2262
9313
6759
3462
6724
Operating Expenses
8466
9913
8687
3980
3378
Employee Expenses
4734
2028
5577
8970
1892
Operating Income (EBIT)
9540
8415
1698
1929
3084
Interest Expenses
6216
5317
5378
5714
1817
Expenses from other activities
4842
9579
4267
3687
9014
Information Technology Expenses
7736
4505
1391
9649
2313
EBITDA
4423
4747
7412
2184
6292
Taxes
3194
7691
5430
9158
2308
Net Profit
7671
2023
3901
5536
7970
Balance Sheet
Assets
1973
8966
4376
1567
8759
Cash Equivalent
9343
4266
8429
9675
3021
Accounts Receivables
4892
2788
3189
7787
5262
Inventory
2529
4470
5625
1860
5266
Liabilities
6696
2666
6985
8866
8671
Total Debt
1755
8002
6292
8291
1010
Accounts Payable
9060
7986
3891
4813
4620
Equities
1845
3474
7646
6950
1163
Cashflow Statement
Cash from Operating activities
2521
7688
7941
2123
9249
Cash from Investing activities
5714
5480
6065
1552
2675
Net cash from Financing activities
1568
4828
7083
8482
9497

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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$10.99$2.53(excl. taxes)
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  • Financial Summary & Charts
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Saankhya Labs's Latest cap tables and shareholding

Founders own 7.86%, Funds own 0.49%, Enterprises (largest shareholder) own 41.41% and Angels own 7.31%. The net worth of Saankhya Labs's founders is INR 17.2Cr as of Feb 12, 2020. The cap table displayed below is for SAANKHYA LABS PRIVATE LIMITED which is the legal entity associated with Saankhya Labs.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
7.86%
17.2Cr
5293898
1812174
2629785
5653628
7795950
8255558
3537277
2085671
8050795
3102411
Fund
0.49%
1.06Cr
0
0
0
0
Enterprise
41.41%
90.7Cr
2633809
6480220
8394436
8665597
Angel
7.31%
16Cr
6216316
9612330
9369052
4771310
0
0
0
0
0
0
0
0
0
0
0
0
Other People
23.65%
51.8Cr
7867792
8722245
6755123
4814751
ESOP Pool
13.22%
29Cr
7261255
4383304
7945705
6092616
Other Investors
6.06%
13.3Cr
993545
786344
983652
334579
Total
100.00%
219Cr
1212580
9135522
7007189
7801198
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Saankhya Labs's Investments and acquisitions

Saankhya Labs has made no investments or acquisitions yet.

Reports related to Saankhya Labs

Here is the latest report on Saankhya Labs's geography:

News related to Saankhya Labs

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•
India's Saankya Labs secures stimulus funding for 5G RAN SoCTelecompaper•Feb 19, 2024•Saankhya Labs
•
•
Vodafone Bolsters Open RAN Silicon EffortsSDxCentral•Dec 14, 2022•Vodafone, Saankhya Labs
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