Company lists
The Mumbai edition · 2026

Vertical business intelligencecompanies in Mumbai

Big data analytics, marketing analytics, finance & risk, retail & e-commerce, IoT & industry and more: the companies building vertical business intelligence in Mumbai, Maharashtra, with their founders, funding, team size and business models.

25 company profiles14 with reported revenue11 with recorded fundingNovember 2026 edition
Mumbai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent vertical business intelligence business events in India

Funding, M&A, contract wins and launches involving 315 vertical business intelligence companies in India, last 24 months: 2 M&A deals · 2 funding rounds · 1 Launch · 1 Contract. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Feb 2026.

LaunchLiteCone

Lumiq

Enterprise AI firm LUMIQ has unveiled LiteCone, a specialised agentic AI Workforce designed specifically for financial services organisations looking to move beyond experimental AI…

AI Workforce platform
M&AAcquisition · Completed

Microtek medical holdings acquires Samco

Microtek Medical Holdings (Alpharetta, Georgia), a manufacturer of infection control products, fluid control products and safety products to healthcare professionals, has acquired Samco…

Medical Devices
M&AAcquisition · Announced

Apollo acquires Searchlight health

Apollo Healthco Limited (AHL), a material subsidiary of Apollo Hospitals Enterprise Limited, is set to acquire the business of operating the software and all intellectual property, along…

Healthcare
Contract

Apollo Healthco · client: Searchlight health

Apollo Healthco, is acquiring the business operations, software, intellectual property, and all related assets and liabilities of Searchlight Health on a going-concern and slump-sale…

Funding

Haber

industrial robotics maker Haber ($44 million), solar startup SolarSquare ($40 million), and custom solutions provider for school operations K12 Techno Services ($40 million) among others.

Robotics, AI, Industrial Automation
Funding

Easyrewardz

New Delhi [India], November 25: Easyrewardz, one of the leading industry players in CRM SaaS solutions, has raised USD 4 million funding led by Prachetas New India Growth Fund with…

Investors Prachetas New India Growth Fund, Lucky Investments, IIFL Fintech Fund
CRM SaaS solutions

Vertical business intelligence companies in Mumbai, by funding and team

Few vertical business intelligence companies in Mumbai, Maharashtra publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 25 companies below lead on recorded funding and team size among 25 active companies.

Showing 25 of 25

Provider of a platform for stock trading and investment recommendations

Investment tech
US$19.61mSeries B · Sep 2018
440LinkedIn · Oct 2026
Commission on transaction / Fee-for-service
11 yr2015
0none in 3 months

AI-powered speech analytics solutions for enterprises

Natural language processing
US$11.22mSeries A · Jul 2025
90LinkedIn · Jul 2026
Subscription
3 yr2023
0none in 3 months

Provider of real estate data analytics and valuation services

Real estate it
US$5.00mSeries A · Jul 2015
116-6% 12 mo to Jul 2024LinkedIn · Jul 2026
Fee-for-service
19 yr2007
0none in 3 months · last posted Apr 2019

Provider of risk assessment, credit decisioning, and debt collection management solutions

Banking tech
US$3.31mSeed · Apr 2021
201+4% 12 mo to Sep 2024LinkedIn · Jul 2026
Subscription
8 yr2018
0none in 3 months

Deep analytics platform for commercial and residential real estate

Real estate it
US$1.01mSeed · Mar 2022
129+40% 12 mo to Sep 2024LinkedIn · Jul 2026
Subscription
10 yr2016
0none in 3 months · last posted Aug 2026

Provider of an end-to-end IoT platform for manufacturing and enterprise analytics

Big data analytics
US$1.00mSeed · Feb 2025
—Not available
Subscription
10 yr2016
0none in 3 months

Software solutions for Business Intelligence

Finance & accounting tech
US$814kSeed · Feb 2007
28LinkedIn · Jul 2026
Subscription
20 yr2006
0none in 3 months

Customer analytics and personalised engagement platform

Marketingtech
US$579kSeed · Aug 2012
3-62% 12 mo to Aug 2024recorded Aug 2024
Subscription
18 yr2008
0none in 3 months

Provider of AI-powered distribution management, demand forecasting, and customer loyalty tools

Big data analytics
US$547kAngel · Oct 2018
26LinkedIn · Jul 2026
Fee-for-service
11 yr2015
0none in 3 months

Brand measurement and social media analytics tool

Marketingtech
US$167kAngel · Sep 2022
76+73% 12 mo to Sep 2024LinkedIn · Oct 2026
Subscription
11 yr2015
0none in 3 months · last posted Jun 2021

Provider of performance and process analytic software

Manufacturing tech
US$107kSeed · Dec 2021
5LinkedIn · Jul 2026
E-commerce - product / Physical commerce
11 yr2015
0none in 3 months

IoT based technology solutions for wind turbines, solar plants & other IoTs

Internet of things infrastructure
—None recorded
47-99% vs previous recordLinkedIn · Jul 2026
Subscription
14 yr2012
0none in 3 months

SaaS based market research and big data analytics

Big data analytics
—None recorded
151+40% 12 mo to Sep 2024LinkedIn · Jul 2026
Subscription
11 yr2015
0none in 3 months · last posted Jun 2026

It offers IT services, digital solutions, and technology consulting

K-12 edtech
—None recorded
43+111% 12 mo to Aug 2024LinkedIn · Jul 2026
Advertising / E-commerce - service
13 yr2013
0none in 3 months · last posted Jun 2026

Provider of business intelligence and analytics solutions for financial industries

Banking tech
—None recorded
33+160% 12 mo to May 2024LinkedIn · Jul 2026
Subscription
12 yr2014
0none in 3 months

Unified platform for analytics, customer engagement and personalized marketing

Adtech
—None recorded
5+0% 12 mo to Feb 2023LinkedIn · Jul 2026
Advertising / E-commerce - service
10 yr2016
0none in 3 months

Cloud-based sales analytics platform

E-commerce enablers
—None recorded
3LinkedIn · Jul 2026
Subscription
19 yr2007
0none in 3 months

Cloud based real-time analytics tool for retailers through a mobile app

In store retail tech
—None recorded
2recorded
Subscription
14 yr2012
0none in 3 months

Business intelligence, reporting and operations management software for malls

In store retail tech
—None recorded
8LinkedIn · Jul 2026
Subscription
9 yr2017
0none in 3 months

Consumer analytics for retail stores

In store retail tech
—None recorded
—Not available
Advertising / Commission on transaction
13 yr2013
0none in 3 months

Customer and brand engagement solutions

Customer success management
—None recorded
25LinkedIn · Jul 2026
Subscription
8 yr2018
0none in 3 months

AI enabled utility management solutions.

Vertical business intelligence
—None recorded
6LinkedIn · Jul 2026
Subscription
11 yr2015
0none in 3 months

Provider of a platform offering visual analytics solutions

Big data analytics
—None recorded
8LinkedIn · Jul 2026
Commission on transaction / E-commerce - product
7 yr2019
0none in 3 months

Platform offering decision support software

Brands tech
—None recorded
—Not available
Subscription
2 yr2024
0none in 3 months

AI-based business intelligence platform for retail industry

Vertical business intelligence
—None recorded
—Not available
Subscription
6 yr2020
—No postings tracked
25 of 25 companies shown here · the full list is on Radar
Fliar Radar

Explore all 25 vertical business intelligence companies in Mumbai on Radar

This page shows the top 25. Radar has the complete, filterable list with contacts and live company signals.

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  • Every company, not just 50All 25 vertical business intelligence companies in Mumbai, filterable by stage, funding, team size, revenue model and age.
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Explore vertical business intelligence companies in Mumbai by what you are looking for

Browse top vertical business intelligence companies in Mumbai, covering industry-specific analytics for finance, retail, real estate and marketing. Find vertical AI and analytics startups in Mumbai in one place.

6 ways to explore vertical business intelligence in Mumbai

Big data & analytics platformsMarketing & customer analytics toolsBanking, investment & risk analyticsRetail & e-commerce analyticsIoT, manufacturing & utility analyticsVertical business intelligence companies hiring in Mumbai

Big data & analytics platforms

Market research, data-as-a-service and AI-driven analytics platforms.

  1. Samco

    Provider of a platform for stock trading and investment recommendations

    Investment tech
    See in list
  2. Rubix Data Sciences

    Provider of risk assessment, credit decisioning, and debt collection management solutions

    Banking tech
    See in list
  3. CRE Matrix

    Deep analytics platform for commercial and residential real estate

    Real estate it
    See in list
  4. SOLUS

    Customer and brand engagement solutions

    Customer success management
    See in list
  5. SquareOne Insights

    Provider of business intelligence and analytics solutions for financial industries

    Banking tech
    See in list

Marketing & customer analytics tools

Customer engagement, brand measurement and campaign analytics.

  1. SOLUS

    Customer and brand engagement solutions

    Customer success management
    See in list
  2. QuickMetrix

    Brand measurement and social media analytics tool

    Marketingtech
    See in list
  3. BPRISE

    Unified platform for analytics, customer engagement and personalized marketing

    Adtech
    See in list
  4. Konnect Insights

    SaaS based market research and big data analytics

    Big data analytics
    See in list
  5. AInocular

    Provider of a platform offering visual analytics solutions

    Big data analytics
    See in list

Banking, investment & risk analytics

Analytics for banks, brokers, credit risk and financial planning.

  1. Samco

    Provider of a platform for stock trading and investment recommendations

    Investment tech
    See in list
  2. Rubix Data Sciences

    Provider of risk assessment, credit decisioning, and debt collection management solutions

    Banking tech
    See in list
  3. SquareOne Insights

    Provider of business intelligence and analytics solutions for financial industries

    Banking tech
    See in list
  4. Pentation Analytics

    Provider of AI-powered distribution management, demand forecasting, and customer loyalty tools

    Big data analytics
    See in list
  5. MAIA Intelligence

    Software solutions for Business Intelligence

    Finance & accounting tech
    See in list

Retail & e-commerce analytics

Business intelligence for stores, shopping malls and online sellers.

  1. Scoop Sense

    Business intelligence, reporting and operations management software for malls

    In store retail tech
    See in list
  2. RadioLocus

    Consumer analytics for retail stores

    In store retail tech
    See in list
  3. Putler

    Cloud-based sales analytics platform

    E-commerce enablers
    See in list
  4. Gyaan Tel

    Cloud based real-time analytics tool for retailers through a mobile app

    In store retail tech
    See in list
  5. Insightai.io

    Platform offering decision support software

    Brands tech
    See in list

IoT, manufacturing & utility analytics

Process analytics for manufacturing, energy and connected devices.

  1. Quenext

    AI enabled utility management solutions.

    Vertical business intelligence
    See in list
  2. RadioLocus

    Consumer analytics for retail stores

    In store retail tech
    See in list
  3. ClairViz Systems

    Provider of performance and process analytic software

    Manufacturing tech
    See in list
  4. Ariprus

    Provider of an end-to-end IoT platform for manufacturing and enterprise analytics

    Big data analytics
    See in list
  5. Algo Engines

    IoT based technology solutions for wind turbines, solar plants & other IoTs

    Internet of things infrastructure
    See in list

Vertical business intelligence companies hiring in Mumbai

Companies in this list that are currently hiring.

  1. CRE Matrix

    Deep analytics platform for commercial and residential real estate

    Real estate it
    See in list
  2. QuickMetrix

    Brand measurement and social media analytics tool

    Marketingtech
    See in list
  3. Konnect Insights

    SaaS based market research and big data analytics

    Big data analytics
    See in list
  4. SmartinfoLogiks

    It offers IT services, digital solutions, and technology consulting

    K-12 edtech
    See in list
4 companies in Mumbai
Mobile reach

Top 3 vertical business intelligence apps from Mumbai

The most-installed Android apps published by vertical business intelligence companies headquartered in Mumbai — 1.7M installs between them. 3 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 3
1

Samco: Stocks & Recommendation

by Samco

Installs1.7M
Rating3.869K ratings
Last updatedMay 2026
View on Google Play ↗
Samco: Stocks & Recommendation screenshot 1Samco: Stocks & Recommendation screenshot 2Samco: Stocks & Recommendation screenshot 3Samco: Stocks & Recommendation screenshot 4Samco: Stocks & Recommendation screenshot 5Samco: Stocks & Recommendation screenshot 6
3

LF Survey

by Liases Foras

Installs158
Rating—
Last updatedJan 2026
View on Google Play ↗
LF Survey screenshot 1LF Survey screenshot 2LF Survey screenshot 3
The business behind the activity

Vertical business intelligence financials in Mumbai

Revenue, profit and growth from the filed annual accounts of 11 vertical business intelligence companies in Mumbai, Maharashtra for FY24-25 — 16 of the 25 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 83% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹119.18 cr

11 companies filing accounts

combined net profit−₹18.99 cr

-15.9% aggregate margin

are profitable55%

6 of 11 companies

median revenue~₹7.4 cr

the typical company

median revenue growth+33%

into FY24-25

earned by the top five83%

revenue concentration

Six-year view

Combined revenue of filing companies

₹51.82 crFY19-2013 filers
₹57.96 crFY20-2114 filers
₹74.67 crFY21-2214 filers
₹72.00 crFY22-2313 filers
₹101.76 crFY23-2413 filers
₹119.18 crFY24-2511 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 10 companies over three years

+65%
FY22-23₹69.91 cr−₹9.43 cr net
FY23-24₹98.84 cr−₹3.71 cr net
FY24-25₹115.37 cr−₹18.85 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr250% profitable
₹1–10 cr560% profitable
₹10–100 cr450% profitable
₹100–1,000 cr0—
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking4
0–20%1
20–50%1
50–100%3
Doubled+1

10 companies with accounts for both years; median growth +33%.

Profitability

Profit is concentrated at the top

6profitable
5loss-making
-15.9%aggregate margin
1.2%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Rubix Data SciencesRUBIX DATA SCIENCES PRIVATE LIMITED+60%₹45.28 cr
CRE MatrixBHUGOL ANALYTICS PRIVATE LIMITED+51%₹18.96 cr
SquareOne InsightsSQUAREONE INSIGHTS PRIVATE LIMITED+19%₹11.87 cr
SOLUSCARTESIAN CONSULTING PRIVATE LIMITED-28%₹14.22 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
CRE MatrixBHUGOL ANALYTICS PRIVATE LIMITED12.2%₹18.96 cr
SquareOne InsightsSQUAREONE INSIGHTS PRIVATE LIMITED4.3%₹11.87 cr
Leaders

Largest vertical business intelligence companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Rubix Data SciencesRUBIX DATA SCIENCES PRIVATE LIMITED₹45.28 cr−₹19.70 cr-43.5%+60%
CRE MatrixBHUGOL ANALYTICS PRIVATE LIMITED₹18.96 cr₹2.32 cr12.2%+51%
SOLUSCARTESIAN CONSULTING PRIVATE LIMITED₹14.22 cr−₹1.78 cr-12.5%-28%
SquareOne InsightsSQUAREONE INSIGHTS PRIVATE LIMITED₹11.87 cr₹51.56 lakh4.3%+19%
QuickMetrixLIGHTHOUSE TECHNOLOGIES PRIVATE LIMITED₹8.59 cr₹10.11 lakh1.2%+47%
SamcoSAMCO VENTURES PRIVATE LIMITED₹7.38 cr−₹1.07 cr-14.5%-58%
QuenextQUENEXT DECISION SCIENCE TECHNOLOGY PRIVATE LIMITED₹7.02 cr₹1.25 cr17.9%+365%
GreyLabsAHG TECHNOLOGIES PRIVATE LIMITED₹3.81 cr−₹14.29 lakh-3.8%—
Scoop SenseDRANSFORMER LABS PRIVATE LIMITED₹1.88 cr₹23.66 lakh12.6%+70%
Iken PersonicsIKEN SOLUTIONS PRIVATE LIMITED₹12.61 lakh−₹73.64 lakh-583.8%-93%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

AdTech Industry Landscape of Mumbai

The financials above are one chapter. The full vertical business intelligence landscape of Mumbai maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the vertical business intelligence landscape of Mumbai
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Vertical business intelligence funding and M&A across India

184 recorded equity rounds have gone to 315 vertical business intelligence companies in India — how much, at which stage, into which sub-sectors, from whom, and how Mumbai compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months2

US$15.73m

equity rounds, last 24 months8

US$30.39m

raised over five yearsUS$171.18m

44 rounds in India

M&A deals, India2

last 24 months

Capital by year

Equity funding into vertical business intelligence in India

amount rounds
$24m201819
$35m201917
$14m20209
$75m202112
$18m202215
$3.7m20234
$44m20245
$15m20257
$15m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$75.24m across 12 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$31k1 rounds · median US$31k
SeedUS$16.52m23 rounds · median US$499k
Series AUS$39.24m14 rounds · median US$994k
Series BUS$28.29m4 rounds · median US$3.74m
Series CUS$38.00m1 rounds · median US$38.00m
Series D+US$49.10m1 rounds · median US$49.10m
Where the money went · five years

Most-funded sub-sectors

Business intelligenceUS$107.10m3 rounds · 2 companies
Sales force automationUS$20.40m3 rounds · 1 companies
Big data analyticsUS$11.62m7 rounds · 4 companies
Natural language processingUS$11.22m3 rounds · 1 companies
Loyalty softwareUS$8.29m3 rounds · 1 companies
Manufacturing techUS$5.78m8 rounds · 3 companies
Vertical business intelligenceUS$2.07m2 rounds · 2 companies
Corporate activity · last 24 months

M&A in India

2Acquisition

Most active acquirers

  1. Microtek medical holdings1
  2. Apollo1

Most acquired or merged

  1. Samco1
  2. Searchlight health1

Each deal appears in the events strip at the top of the page.

Vertical business intelligence funding in Mumbai

11 vertical business intelligence companies in Mumbai have recorded equity funding, US$43.37m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Mumbai

Meet the people behind vertical business intelligence companies in Mumbai. 23 of 25 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Mumbai vertical business intelligence companies by sub-sector

The most common specialisations among vertical business intelligence companies in Mumbai. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring vertical business intelligence in India and nearby markets.

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