About Saankhya Labs
Saankhya Labs is a Technology company based in Bengaluru (India) founded in 2007 by Venkana Gouda Krishna Gouda Patil and Parag Naik, and was acquired by Tejas Networks in March 2022. Software-defined radio modules for video and data communication are supplied. Saankhya Labs has raised $27.88 million across 9 funding rounds from investors including Tejas Networks, Intel and Nasscom. The company has 118 employees. Saankhya Labs was last valued at $24.37 million in December 2015. Its chief executive, as recorded, is Parag Naik. Its Indian entity Saankhya Labs Private Limited reported revenue of ₹85.01 Cr. Its focus areas include High Tech, Internet of Things Infrastructure, IoT Chips and Communication Modules.
Company details
Saankhya Labs was founded in 2007 in Bengaluru, India, as a supplier of software-defined demodulation IC solutions. These chips support universal digital TV, analog TV, radio, and broadcast media applications. Deployments occur in TV sets, dongles, tablets, surveillance systems, and automotive sectors. Backing from Intel Capital has been secured, and the SL100x chip was nominated as a finalist for UBMs ACE awards.
- Headquarters Bengaluru, India
- Employees 118
- Founders Venkana Gouda Krishna Gouda Patil, Parag Naik
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website saankhyalabs.com
- Social LinkedIn X Facebook
- Acquired by Tejas Networks (Mar 2022)
- Legal Name Saankhya Labs Private Limited
- Date of Incorporation 29 Dec, 2006
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹85.01 Cr
FY 2023 · -2% YoY
- Net Loss-₹27.16 Cr
FY 2023 · -31% margin
- EBITDA-₹27.75 Cr
FY 2023 · -32% margin
- Total Equity Funding$27.88M (USD)
in 9 rounds
- Latest Funding Round$6.33M (USD), Series B
Feb 2020
- InvestorsTejas Networks
& 28 more
- Employee Count118
- Acquired byTejas Networks
(Mar 2022)
Associated legal entities of Saankhya Labs
Saankhya Labs is associated with 2 registered companies on The Company Check; the primary company is Saankhya Labs Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Saankhya Labs Private Limited CIN U72200KA2006PTC041339 | Amalgamated | 29 Dec 2006 | Bengaluru, Karnataka | ₹85.0 Cr | 118 | 7 | View details |
| Saankhya Strategic Electronics Private Limited CIN U72900KA2020PTC136822 | Amalgamated | 04 Aug 2020 | Bangalore, Karnataka | ₹0.1 Cr | 1 | 3 | View details |
Funding Insights of Saankhya Labs
Saankhya Labs has successfully raised a total of $27.88M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $6.33 million completed in February 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $27.88M
- Total Rounds 9
- Last Round Series B — $6.33M
- First Round $890,168
(Mar 2008)
- Investors Count 28
All 9 funding rounds of Saankhya Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2020 | $6.33M | Series B | – | One Media | – |
| Nov 2017 | $2.98M | Series A | – | – | – |
| Sep 2016 | Series A | – | Nasscom | – | |
| Dec 2015 | $75,422 | Angel Round | $24.37M | Ajay Agrawal, Huzefa Saifee | – |
| Dec 2013 | $35,105 | Series A | $25.91M | KarMic Design | – |
| Nov 2012 | $9.16M | Series A | $••••• | GM Ventures | |
| Mar 2011 | $7.47M | Series A | $••••• | Intel Capital | – |
| Jan 2011 | $953,181 | Seed | $••••• | Basavaraj C Badni | |
| Mar 2008 | $890,168 | Seed | $••••• | Shivaling Mahant Shetti |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2015 | $24.37M | •••••••• |
| Dec 2013 | $25.91M | •••••••• |
| Nov 2012 | $••••• | •••••••• |
| Mar 2011 | $••••• | •••••••• |
| Jan 2011 | $••••• | •••••••• |
| Mar 2008 | $••••• | •••••••• |
Full valuation and stage history of Saankhya Labs
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $24.37M (Dec 2015). 29 investors in total: 9 institutional and 20 angel.
Investors in Saankhya Labs
Saankhya Labs has secured backing from 29 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Tejas Networks, Intel and Nasscom.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funding is provided by General Motors-backed firm. | gmventures.com | Warren, United States | ||
Investment in technology startups focusing on compute, AI, and related innovations. | intelcapital.com | |||
Media over IP delivery solutions are provided for broadcasting. | 2013 | onemediallc.com | Cockeysville, United States | |
Not-to-profit association focused on IT services | 1988 | nasscom.in | Noida, India | |
KarMic Design provides expert services in analog, mixed-signal, and RF engineering solutions. | 1999 | karmic.co.in | Manipal, India | |
Semiconductor ICs and microprocessors are designed and manufactured. | 1968 | intel.com | Santa Clara, United States | |
Hardware equipment manufacturing company | 2018 | deviindustrialgas.com | Chennai, India | |
Offers a unified IT service suite for infrastructure management and user support. | 1988 | stiinfotech.com | Bengaluru, India | |
AA Ajay Agrawal | Angel investor, founder of SirionLabs, focused on enterprise tech | unknown_ad1532f833f34b8b8 | ||
HS Huzefa Saifee | Co-founder of Pine Labs, angel investor in Indian startups | unknown_0559097842744e9a9 |
Investor details for Saankhya Labs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Saankhya Labs Private Limited (Saankhya Labs)
Saankhya Labs Private Limited is the primary company behind Saankhya Labs. The boards of the 2 registered companies of Saankhya Labs currently have 8 directors; the longest-serving is Kayargadde Vishwakumara, appointed in 2006. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kayargadde Vishwakumara DIN 00751260 | Director | 29 Dec 2006 | 19 yrs 10 mo | Saankhya Labs Private Limited, Saankhya Strategic Electronics Private Limited |
| Parag Naik Balwant DIN 01055996 | Managing Director | 29 Dec 2006 | 19 yrs 10 mo | Saankhya Labs Private Limited, Saankhya Strategic Electronics Private Limited |
| Mark Andrew Aitken DIN 08000616 | Director | 28 Nov 2017 | 8 yrs 11 mo | Saankhya Labs Private Limited |
| Hemant Mallapur DIN 01056016 | Director | 04 Aug 2020 | 6 yrs 3 mo | Saankhya Strategic Electronics Private Limited |
| Arnob Roy DIN 03176672 | Nominee Director | 01 Jul 2022 | 4 yrs 4 mo | Saankhya Labs Private Limited |
| Ganapathy Subramaniam Natarajan DIN 07006215 | Nominee Director | 18 Jul 2022 | 4 yrs 3 mo | Saankhya Labs Private Limited |
| Ramamurthi Bhaskar DIN 01914155 | Director | 09 Sep 2022 | 4 yrs 1 mo | Saankhya Labs Private Limited |
| Alice Geevarghese Vaidyan DIN 07394437 | Director | 04 Apr 2024 | 2 yrs 7 mo | Saankhya Labs Private Limited |
People of Saankhya Labs
23 people are tracked at Saankhya Labs (9 in leadership, 6 in board & advisors, 8 in team); the tracked headcount is 118.
| Name | Role | Group |
|---|---|---|
Venkana Gouda Krishna Gouda Patil | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
Vinayak Vijay Naik | Leadership | |
Padmaja Naik | Leadership | |
Mark Andrew Ashton | Leadership | |
Sunil HR | VP, Technology & Solutions | Leadership |
| Founder, COO & Director | Leadership | |
Rakesh Joshi | Director, 5G Software Development | Leadership |
Prashant Maru | Vp, Sales & Bizdev | Leadership |
Sanjay Nayak | Nominee Director | Board & advisors |
Kiran Deshpande | Advisor | Board & advisors |
| Director | Board & advisors | |
N. Ganapathy Subramaniam | Nominee Director | Board & advisors |
Abhay Karandikar | Advisor | Board & advisors |
Amar Maletira | Advisor | Board & advisors |
Abdul Aziz | AVP, Systems | Team |
Balaraman Kuppuswamy | AVP, System Engineering | Team |
Santosh Billava | Principal Engineer, VLSI | Team |
Preetham Uthaiah | EVP, Marketing & Strategy | Team |
Magesh Subramni | Senior Manager, IC Design | Team |
3 more people are available in the full profile.
Complete people profiles for Saankhya Labs
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Saankhya Labs
Figures of Saankhya Labs Private Limited, the primary company behind Saankhya Labs, for FY 2023. Revenue was ₹85.01 Cr (-2% year on year). Net loss was -₹27.16 Cr (-31% margin). EBITDA was -₹27.75 Cr (-32% margin). Revenue has grown at a compounded annual rate of 0% over three years and +11% over five years.
- ₹85.01 CrRevenue · FY 2023 · -2% YoY
- -₹27.16 CrNet loss · -31% margin
- -₹27.75 CrEBITDA · -32% margin
- ₹9.71 CrPaid-up capital
- 118Employees (provident fund records)
- 0%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Saankhya Labs Private Limited are on its company page.
Detailed financial statements for Saankhya Labs
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Saankhya Labs
5 dated milestones of Saankhya Labs across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Saankhya Labs is founded.
- Funding First funding round of $890K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $6.3M.
- Exit Acquired by Tejas Networks.
Web traffic of Saankhya Labs
Websites that share an audience with Saankhya Labs (saankhyalabs.com).
Websites whose visitors overlap most with Saankhya Labs. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| citylabs.net | 100% | 19.7K | #1,398,991 | View details | |
| sankhya.com | 96% | 13.3K | #2,096,336 | View details | |
| fundoodata.com | 73% | 18.4K | #1,399,327 | View details |
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Frequently Asked Questions about Saankhya Labs
Saankhya Labs was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Saankhya Labs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Parag Naik is the CEO of Saankhya Labs, as recorded in our data. They have also founded this company.
Saankhya Labs is a funded company, having raised a total of $27.88M across 9 funding rounds to date. The company's 1st funding round was a Seed of $890.17K, raised on Mar 2008.
Saankhya Labs has 118 employees.
The primary company behind Saankhya Labs, Saankhya Labs Private Limited, reported revenue of ₹85.01 Cr for FY 2023, down 2% year on year.
Saankhya Labs was founded in 2007 in Bengaluru, India, as a supplier of software-defined demodulation IC solutions. These chips support universal digital TV, analog TV, radio, and broadcast media applications. Deployments occur in TV sets, dongles, tablets, surveillance systems, and automotive sectors. Backing from Intel Capital has been secured, and the SL100x chip was nominated as a finalist for UBMs ACE awards.
Saankhya Labs has 29 investors. Key investors include Tejas Networks, Intel, Nasscom, ONE Media Technologies, and KarMic Design.
The valuation of Saankhya Labs is $24.37M as of Dec 2015.
Saankhya Labs is associated with 2 legal entities: Saankhya Labs Private Limited, Saankhya Strategic Electronics Private Limited.
Yes. Saankhya Labs was acquired by Tejas Networks in March 2022.
The legal entities of Saankhya Labs currently have 8 directors, including Kayargadde Vishwakumara, Parag Naik Balwant, Arnob Roy and others.