Lumiq

Lumiq (operating as Crisp Analytics Private Limited) is focused on the financial services and insurance (FSI) sector, Lumiq empowers enterprises to transform raw data into actionable insights through AI/ML-driven platforms. Headquartered in India with offices in the US, Singapore, and multiple Indian cities, Lumiq serves clients globally, including HDFC Life, TVS Credit and other leading financial institutions.

Core Products & Services

• emPower Foundation: End-to-end data ingestion and unification platform for FSI enterprises.

• emPower Pryzm: AI/ML-powered data observability tool for real-time analytics and anomaly detection.

• Custom Data Products: Builds tailored data solutions (e.g., customer 360, risk modeling) for banks, insurers, and asset managers.

• Consulting Services: Offers data strategy workshops, AI/ML implementation, and governance frameworks.

Unique Value Proposition

• Domain Expertise: 350+ certified data architects and engineers with deep FSI industry knowledge.

• Accelerated Data Maturity: Reduces time-to-insight by 40–60% through pre-built FSI-specific data models and pipelines.

• Scalable Architecture: Processes petabytes of data across hybrid cloud environments (AWS, Azure, GCP).

• Regulatory Compliance: Ensures adherence to RBI, IRDAI, and GDPR standards in all data workflows.

Business Model & Revenue Streams

• Subscription Licensing: Charges enterprises annual subscriptions for access to its emPower platform (starts at ₹25 lakh/year).

• Outcome-Based Pricing: Revenue-sharing models for data products that drive measurable business outcomes (e.g., reduced fraud, higher cross-sell rates).

• Professional Services: Fees for implementation, customization, and ongoing support (20–30% of total revenue).

• Training & Certification: Monetizes Lumiq Academy programs for upskilling client teams in AI/ML and data engineering.

Customer Segmentation

• B2B Enterprises: Banks, insurers, asset managers and fintechs (90% of revenue).

• Government & Regulators: Collaborations for public-sector data modernization (10%).

Growth Strategy

• Product Innovation: Developing generative AI tools for predictive analytics and automated report generation.

• Global Expansion: Targeting Southeast Asia, the Middle East, and North America through local partnerships.

• Strategic Acquisitions: Exploring buys in niche AI/ML and regulatory tech startups.

• Sustainability Focus: Building ESG data modules for climate risk assessment and green financing.