What Sankhya Analytical Research does

Sankhya Analytical Research is a Mumbai-headquartered advanced analytics firm founded in 2008 that delivers predictive analytics consulting, training, and proprietary software products to enterprise clients. Operations are structured across two entities: Sankhya Analytical Research Pvt. Ltd. in Worli, Mumbai (India) and Sankhya Analytics LLP in Ipswich, United Kingdom, the latter managed by partner Hemal Thakker. The company targets verticals including Pharmaceutical, Banking and Financial Services, Insurance, Stock Market and Investment, FMCG and Retail, with secondary exposure to Human Resources, Sports, and Academia.

The company has built five proprietary products alongside its services: GRACE, a web application that scores sales partners on Growth, Revenue, Activity, Consistency, and Engagement parameters; SSRE, a machine learning-based Stock Recommendation Engine that combines fundamental and technical parameters for Nifty 200 buy/sell recommendations; SEdR, statistical analysis software co-developed with Compel Consultancy Pvt Ltd for students and researchers; and two mobile applications, R Factor and Py Factor, which serve as ready-reckoner tools for R and Python programmers and have accumulated over 1,000 users. Underlying technology uses predictive modeling, multivariate analysis, time series methods, and machine learning algorithms applied to structured tabular and time-series data.

Revenue is generated through three streams: customized analytics consulting engagements across enterprise verticals, structured training programs in statistics and predictive modeling delivered on-site or at company facilities, and product offerings spanning web applications and mobile apps. The go-to-market is primarily sales-led via direct enterprise engagement supplemented by referral networks, with mobile applications functioning as product-led growth tools. Pricing is quote-based and not publicly disclosed. Customer logos include L&T, CEAT, Idea, TVS, Wockhardt, GlaxoSmithKline, Birla Group, Reliance, and KPMG.

Name

Sankhya Analytical Research

Legal name

Sankhya Analytical Research Pvt. Ltd.

Website

https://sankhyaanalytics.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Sankhya Analytical Research is a Mumbai-based analytics firm founded in 2008 that delivers predictive analytics consulting, training, and proprietary products (GRACE, SSRE, SEdR, R Factor, Py Factor) to enterprise clients across pharmaceutical, banking, insurance, retail, FMCG, and stock market verticals in India and the UK.

Ownership category

akta.pro rank

Product category

Analytics Consulting & Data Science Services

NAICS

Other Scientific and Technical Consulting Services (54169), Custom Computer Programming Services (541511), Marketing Consulting Services (541613)

SIC

Services-Management Consulting Services (8742), Services-Computer Programming Services (7371), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Data, Analytics & AI Consulting (BPAHAEAF)

akta.pro secondary industries

Pricing, Revenue & Commercial Analytics (BPAHALAM), Data Analytics Integration & Insight Platforms (Research Ops, Dashboards, Insight Repositories) (MPAAALAO), Research Distribution, Sales Support & Client Analytics (FSACAGAJ)

Keywords

• Predictive analytics consulting
• Statistical analysis software
• Data science training
• Stock recommendation engine
• Sales partner analytics

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Analytics Consulting Services: Customized analytical solutions and consulting engagements for enterprise clients across various industry verticals including Pharmaceutical, Banking, Insurance, Retail, FMCG, and Stock Market.
2. Training Programs: Statistics and analytics training courses offered at company facility or on-site. Modules range from basic statistics to advanced predictive modeling for statisticians and non-statisticians.
3. Analytics Products: Web-based and mobile analytics products including SSRE, GRACE, SEdR, R Factor, and Py Factor applications.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels3 records

Core offering

Sankhya Analytical Research designs and develops analytics products for business users and data scientists, alongside delivering analytics consulting and training services. Its product suite includes GRACE (web application for sales partner performance tracking), SSRE (Stock Recommendation Engine), SEdR (statistical analysis software), and mobile apps The R Factor and The Py Factor for R and Python data science. The company serves enterprise clients across Pharmaceutical, Banking, Insurance, Retail, FMCG, Stock Market, Sports, and HR verticals.

Product overview

Sankhya Analytical Research offers a portfolio of analytics products and services. Their product suite includes GRACE (web application for sales partner performance tracking), SSRE (Stock Recommendation Engine for market predictions), SEdR (statistical analysis software), and mobile applications The R Factor and The Py Factor (data science ready-reckoners). The company also provides consulting services across Banking, Insurance, Retail, FMCG, Pharmaceutical, Stock Market, and Sports sectors, as well as training programs in statistics and analytics. The products utilize predictive analytics, machine learning algorithms, and statistical modeling to deliver actionable business insights.

Differentiator

Problem solved

Functional benefit

Brands

• GRACE: Web application for marketing and communication strategies enabling businesses to track performance of sales partners using scoring model
• SSRE
• SEdR
• The R Factor
• The Py Factor

Products and services

• GRACE Web application for marketing and communication strategies enabling businesses to track performance of sales partners using a scoring model based on five parameters: Growth, Revenue, Activity, Consistency, and Engagement. Enables micro-segmentation of sales partners. Targets FMCG/Retail and other enterprises with distributed sales forces.
• SSRE (Stock Recommendation Engine) Stock recommendation engine based on advanced machine learning algorithms using a hybrid approach that gives optimum weights to fundamental and technical parameters for statistically predicted returns. Tracks Nifty index and sectoral indices, recommends stocks to buy/sell. For investors and financial services firms.
• SEdR Simple to use data analysis software designed for students, researchers, and teachers of pure and applied statistics, featuring an attractive graphical interface without programming requirements. Developed in collaboration with Compel Consultancy Pvt Ltd.
• The R Factor Comprehensive ready-reckoner mobile application for data scientists that simplifies the R programming language, featuring news updates and R Analytics Lab features. Used by over 1000 programmers as a quick-reference tool.
• The Py Factor Comprehensive ready-reckoner mobile application for data scientists covering Descriptive, Visualisation, Predictive and Classification techniques using real-world analytics examples, datasets, advanced search, and Python news.
• Analytics Consulting Services Customized analytical solutions and consulting engagements delivered to enterprise clients across Pharmaceutical, Banking, Insurance, Retail, FMCG, Stock Market, and Sports verticals. Covers customer acquisition, risk mitigation, attrition management, ROI maximization, and data-driven decision support.
• Analytics Training Programs Statistics and analytics training courses offered at company facility or on-site at client locations. Modules range from basic statistics to advanced predictive modeling, including Predictive Modeling, Multivariate Analysis, Time Series Analysis, Machine Learning, Biostatistics, and R/Python Programming. Targeted at both experienced statisticians and non-statistician business users.

Quantifiable outcome

• Efficiently increased customer acquisition for clients
• +2 more outcomes

Named customers9 records

Segments8 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature5 records

Partnerships

One partnership is on record.

• Compel Consultancy Pvt LtdminorStrategic or Co-development PartnerSEdR (Simple to use Data analysis for Researchers) was developed by Sankhya in collaboration with Compel Consultancy Pvt Ltd. This is a product co-development partnership for statistical analysis software targeting students, researchers, and teachers.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Accenture (Applied Intelligence): Global professional services firm with a large Applied Intelligence analytics practice serving the same BFSI, pharma, and retail enterprises that Sankhya serves — sets the competitive ceiling on enterprise analytics RFPs.
• Deloitte (Analytics & AI): Global consulting firm with a broad analytics and AI practice spanning BFSI, life sciences, and consumer industries — competes for the same enterprise analytics mandates as Sankhya, particularly with KPMG and similar clients.

Direct peers

• Manthan (Algonomy): Bengaluru-headquartered analytics SaaS provider for retail and CPG offering customer segmentation, personalization, and sales partner analytics — competes with Sankhya's GRACE and retail consulting offerings.
• AbsolutData Analytics: India- and US-based analytics firm focused on marketing and sales analytics, predictive modeling, and AI-driven decisioning for CPG, retail, and BFSI — overlapping Sankhya's GRACE-style sales partner analytics and consulting work.
• Fractal Analytics: India-headquartered AI and analytics services firm offering predictive modeling, customer analytics, and decision sciences to global enterprises across BFSI, retail, and pharma — the closest scaled direct competitor to Sankhya's consulting offering.
• LatentView Analytics: Mumbai-headquartered analytics and AI consulting firm serving CPG, retail, BFSI, and tech clients with data engineering, reporting, and predictive analytics — directly comparable on geography, vertical mix, and delivery model.
• Cartesian Consulting: Mumbai-headquartered analytics consulting firm specializing in marketing analytics, customer analytics, and pricing optimization for CPG, retail, and BFSI clients — directly comparable to Sankhya's FMCG/retail practice.
• Course5 Intelligence: India-based analytics and AI solutions provider with deep CPG/retail and pharma analytics practices, offering decision sciences and advanced analytics consulting — closely aligned with Sankhya's vertical focus.
• Mu Sigma: Bengaluru-based pioneer in decision sciences and analytics outsourcing for Fortune 500 enterprises across BFSI, retail, pharma, and tech — historically the benchmark Indian analytics services peer.
• Tiger Analytics: India- and US-based data analytics consulting firm delivering predictive modeling, ML, and data engineering across BFSI, retail, healthcare, and CPG — directly overlapping Sankhya's verticals and service mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sankhya Analytical Research