www.saankhyalabs.com

Business Description:Saankhya Labs is a fabless semiconductor company designing world's first programmable universal demodulator IC. The proliferation of wireless and broadcast technologies has increased the number of standards to be supported in consumer devices such as Digital TVs, PCs and cell phones. In this scenario, products based on Hardwired Architectures suffers from disadvantages of increased cost, inflexibility and long time-to-market. Saankhya provides flexible yet cost effective solutions to address this problem. Saankhya's IC can receive signals from any standard and demodulate them, thus requiring only one IC in chassis to receive signals from many different standards. This reduces the system cost for DTV, PC-TV and mobile TV manufactures. Saankhya's IC is based on a Software Defined Radio platform, i.e., a programmable semiconductor platform consisting of several processors and associated software. The IC is targeted at Digital TV, PC-TV and mobile TV receiver markets.

Industry:Semiconductor

Founded in:2007

Source of idea:Systematic search for business opportunity

Significant Competitors:No Direct Competition. Indirect Competitors include Broadcom, Mediatek, Siano, ST Micro, NXP

Company Details :

Company Name:Saankhya Labs

HeadQuarters:Bangalore

Stage of the company:Have prototype

No of Employees (2006):0-5

No of Employees (2007):26-50

Office Locations(2006):0-1

Office Locations(2007):0-1

No of companies promoted:Yes (3)

Profits (2006):preprofit

Profits (2007):preprofit

>Partnerships:Semiconductor Distrubutors and Partners in Japan and Taiwan.

Initial Funding:Personal savings

Addl Funding:Angel investors

Institutitional Capital:No

Revneue Model:Selling demodulator ICs to DTV PC-TV ODM's and large CE brand companies like Sony, Philips and Panasonic

Awards & honors:

Promoters Details :

Promoters Name(s):Parag Naik

Age:38

HomeTown:Belgaum

Education:Bachelors

No of companies promoted:Yes (3)

Family Background:First gen entrepreneur

Job:Engineering Manager( Technology) at Genesis Microchip Inc

Ex-Job Description:R&D

Favorite Book/Movie:The Emperor's New Mind by Roger Penrose