Get All Access for $5/mo

The Data Moguls Sayandeb Banerjee, CEO, TheMathCompany, attributes the company's growth to its ability to enable clients' businesses to become analytically self-sufficient.

By Tahira Noor Khan

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media.

Entrepreneur India
L-R: Anuj Krishna, Co-founder & Head of Assets; Aditya Kumbakonam, Co-founder & Head of Client Services; and Sayandeb Banerjee, Co-founder & CEO

Data is the new gold. It can be used to bring about organizational reforms and mint money.

How did The Math Company achieve such spectacular growth in a short span of time?
We help organizations become analytically self-sufficient and true transformation can be achieved only by bringing about this cultural mind shift to make people data-savvy, changing the way business decisions, both small and big, are taken. It took us a little under two years to expand globally to over 10 countries across the US, the UK, Singapore, Hong Kong, Europe and the Middle East.
Since our inception in 2016, we have outgrown four offices, and boast of a 300-strong
member team globally, which is a testament to our rapid expansion. We have ongoing
engagements with 30+ Fortune 500 or equivalent clients across more than six industry verticals spanning across 10+ countries.
Our strong value proposition focused on providing value to customers with our deep expertise in data science has led us to create long-term relationships with them, and
gain new clients through word of mouth.

Is the company funded? What is the annual turnover of the company?
We have secured Series A round of funding from Arihant Patni from the Patni Computers Family Office. The funding will be utilized to expand TheMathCompany's
footprint globally, build next-generation platforms and enhance the customer experience.
Our year-on-year revenue has doubled up right from our inception and is currently at an estimated US$10 million.

How do you plan to expand the company?
Expanding our clientele globally, building internal Centers of Excellence (CoEs), growing our team, enhancing customer experience and building customizable assets are key aspects we are currently focusing on. We have grown tremendously over the last three years and we plan to continue in this journey by helping more and more organizations
become analytically self-sufficient.
We aim to make TheMathCompany a truly global brand and become a byword for AI and Analytics Transformation across the industry.

There are no clear laws on data science. With cases like Cambridge Analytica, the need for laws has become all-the-more pressing. What is your take?
Data science is a nascent field and it is evolving based on how the world uses it. We are at an inflection point where the world realizes the potential of data, and governments are putting norms like GDPR, for its safe usage. Eventually, there are going to be worldwide
accepted norms and protocols but meanwhile, I think every organization must exercise
their ethical conscience and act in the spirit of making the world a safer and fairer place.

(This article was first published in the August 2019 issue of Entrepreneur Magazine. To subscribe, click here)

Tahira Noor Khan

Former Junior Features Writer

Business News

These Companies Offer the Best Work-Life Balance, According to Employees

The ranking is based on Glassdoor ratings and reviews.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Growing a Business

5 Effective Strategies to Boost Your Business's Online Presence

Boosting your online presence in 2025 is the key to success for businesses looking to grow. Working on your branding and reputation management is important to drive more sales and improve conversion.

Science & Technology

Use This Framework to Successfully Integrate AI Into Your Business Operations

Here's how to ensure both innovation and compliance when using AI in your organization.

Business News

Here's What the CPI Report Means for Your Wallet, According to JPMorgan and EY Experts

Most experts agree that there will be another rate cut next week.