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.
- Website
- saankhyalabs.com
- 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
Ranked
21st among 341 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2024
Employee Count
60 as on Sep 30, 2026
Exit Details
Acquired by Tejas Networks (Mar 30, 2022)
Legal entities associated with Saankhya Labs
Saankhya Labs is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SAANKHYA STRATEGIC ELECTRONICS PRIVATE LIMITED CIN: U72900KA2020PTC136822 , India, Amalgamated | Aug 04, 2020 | 0 - ₹10 Cr (As on Mar 31, 2024) | 1 (As on Sep 30, 2024) | |
SAANKHYA LABS PRIVATE LIMITED CIN: U72200KA2006PTC041339 , India, Amalgamated | Dec 29, 2006 | ₹100 - ₹500 Cr (As on Mar 31, 2024) | 124 (As on Sep 01, 2024) |
Saankhya Labs's acquisition details
Saankhya Labs got acquired by Tejas Networks on Mar 30, 2022 at an acquisition amount of $*****.
Click here to take a look at Saankhya Labs's acquisition in detail
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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:
Filter 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 |
View details of Saankhya Labs's funding rounds and investors
Saankhya Labs' founders and board of directors
Founder? Claim ProfileThe founders of Saankhya Labs are Muthukrishnan Chinnasamy, Hemant Mallapur, Parag Naik, Venkagouda Krishnagouda Patil, Vishwakumara Kayargadde and Vishwakumara Kayargadde.
Here are the details of Saankhya Labs' key team members:
- Muthukrishnan Chinnasamy: Former Co-Founder of Saankhya Labs and founder of 1 other company. They are also an angel investor in 1 startup and serve on the boards of 3 companies.
- Hemant Mallapur: Co-Founder and Executive VP of Engineering of Saankhya Labs. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Parag Naik: Co-Founder and CTO of Saankhya Labs and founder of 1 other company. They are also an angel investor in 2 startups and serve on the boards of 2 companies.
- Venkagouda Krishnagouda Patil: Former Co-Founder of Saankhya Labs. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Vishwakumara Kayargadde: Co-Founder and COO of Saankhya Labs. They serve on the board of 1 company.
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 |
View details of Saankhya Labs's Founder profiles and Board Members
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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Qualcomm 1985, San Diego (United States), Public | Provider of semiconductor products and wireless technology solutions powering mobile communications | - | 79/100 | |
2nd | Marvell 1995, Santa Clara (United States), Public | Provider of a semiconductor and data-infrastructure company | - | 78/100 | |
3rd | Analog Devices 1965, Wilmington (United States), Public | Manufacturer of mixed-signal and digital signal processing integrated circuit solutions | - | 74/100 | |
4th | Cirrus Logic 1984, Austin (United States), Public | Internet first brand offering analog, mixed-signal, and audio DSP integrated circuits | - | 73/100 | |
5th | Microchip Technology 1989, Chandler (United States), Public | Manufacturer of semiconductors, microcontrollers, and integrated circuits for various applications | - | 72/100 | |
6th | Qorvo 1991, Greensboro (United States), Public | Manufacturer of radio frequency (RF) and power solutions for multiple industries | - | 71/100 | |
7th | Tsinghua Unigroup 1988, Beijing (China), Acquired | Semiconductor and electronics device manufacturer | $1.52B | 70/100 | |
8th | Manufacturer of multiple analog and mixed signal ICs | - | 70/100 | ||
9th | STMicroelectronics 1987, Geneva (Switzerland), Public | Manufacturer of semiconductors and related components for various applications globally | - | 70/100 | |
10th | Manufacturer of light and sensor solutions for diverse industry applications | - | 68/100 | ||
21st | Saankhya Labs 2007, Bengaluru (India), Acquired | Provider of software defined radio based modules for video and data communication | $27.9M | 58/100 |
Looking for more details on Saankhya Labs's competitors? Click here to see the top ones
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)
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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Saankhya Labs and Sinclair partner for low cost Direct-to-Mobile (D2M) devicesBestMediaInfo•Sep 19, 2024•Saankhya Labs, Sinclair Broadcast Group, Tejas Networks, IIT Kanpur
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Saankhya Labs Gets Approved for Semiconductor Design Linked Incentive SchemeTelecom Talk•Feb 15, 2024•Saankhya Labs
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Saankhya Labs Receives $10 Million+ Order from NSIL for SATCOM Xponders on Fishing Vesselseverything RF•Dec 29, 2023•Saankhya Labs, NewSpace India, SATCOM
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Tejas Networks subsidiary Saankhya Labs bags a order worth Rs. 96.42 CrISMDU•Dec 08, 2023•Saankhya Labs, NewSpace India
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Vodafone pushes development of open Ran chips with Saankhya LabsTelecompaper•Dec 15, 2022•Saankhya Labs, Vodafone
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Saankhya Labs SDR Chipset Drives Innovative Next-Gen Designs of ADTH's ATSC StandardPR Newswire•Oct 20, 2022•Saankhya Labs
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