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Gave 82% of revenue to employees and built a 2350 CR company. 1. After graduating at the top of his MS class in Quantitative Economics from the prestigious Indian Statistical Institute, Sayandeb Banerjee joined GE Capital's analytics centre (then known as Genpact). As the founding members of the centre, he had huge responsibility on his shoulders. 👇🏻 2. As the global head of delivery, he was now managing 5,000 people and working with various Fortune 100 clients. During his tenure, he observed that even these companies lacked robust in-house analytics to address their daily business problems. He had to take action. 🤔 3.He wanted to solve this using a hybrid model to build custom data products for clients and transfer ownership of the intellectual property to them. In September 2016, he partnered with two former colleagues and started a company in Bangalore. MathCo was born. 🚀 4. Targeting banking and insurance, Sayandeb began working with data scientists and visualization experts to help global financial clients establish analytics capability centres. It ran diagnostic assessments to identify data quality gaps and then built AI/ML blueprints tailored to each client's domain. ✅ 5. By 2019, it had worked with over 30 Fortune 100 clients across retail, CPG, Insurance, and Banking, and employed 250 data scientists, data engineers, and visualization experts in Bengaluru, Chicago, and Hong Kong. It raised 30 CR in Series A led by Arihant Patni of Patni Computers. 💰 6. By 2020, MathCo became the fastest-growing analytics startup in the world, with ongoing engagements across 12 industry verticals and clients in six countries. As it crossed revenues of 50 CR, it raised 15 CR more from Patni and became a 200 CR company. 📈 7. What made it different was the ownership of IP to clients and delivery of a complete solution, rather than billing by the hour. As it shifted to deploying conversational assistants, such as Ask NucliOS, and OCR tools for unstructured data, along with custom LLM services, magic happened. 🪄 8. NucliOS became its breakout product, accelerating time‑to‑insight by up to 90% and saving millions in operational costs. MathCo was now working with 100 Fortune 500 Clients, 1000 data scientists and had scaled to a revenue of 208 CR by 2022. It raised 370 CR led by Brighton Park. 💰 9. Today, MathCo works with clients across 15 countries in over 15 verticals and generates a revenue of ₹ 516.8 crore. Headquartered in Chicago (US), Bangalore, and Amsterdam (Netherlands), it is worth ₹ 2,350 crore today. 💪 10. Even after all the success, Sayandeb Banerjee still loves his employees so much that over 82% of his revenue is allocated to employee welfare expenses.🙏