Marketsandmarkets
1,786 employees · 2 known investors
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MarketsandMarkets is a market research and growth consulting firm that helps B2B enterprises identify and monetize business opportunities tied to emerging technologies. It offers growth advisory programs and knowledge services including sector research, data analytics, and competitive intelligence, and operates an AI-enabled market intelligence platform.
Also known as MarketsandMarkets · MarketsandMarkets Research Private Limited · MnM
Founders & leadership



Investors · 2
Also in the syndicate · 1
Company profile
researched Aug 2026MarketsandMarkets is a market research, revenue-impact and advisory firm that publishes syndicated market reports and delivers custom research and growth consulting to B2B enterprises. Its stated premise is that disruption creates identifiable business opportunities, and it focuses on quantifying emerging and fast-growing markets such as artificial intelligence, IoT, 3D printing, nanotechnology and robotics, along with sustainability-related opportunity sets. The firm positions itself around what it calls the roughly $25 trillion of new B2B revenue sources it expects to emerge by 2030.
The company's offering spans growth advisory programs (TAM expansion, go-to-market strategy through execution, market share gain, account enablement and thought-leadership-based demand generation) and knowledge services that combine dedicated staff, domain expertise and automation across financial modeling, sector research, data analytics, market and competitive intelligence, and reporting/business intelligence. It also operates software and platform products: KnowledgeStore, a primary-research-driven, AI-enabled growth intelligence platform; GrowthIQ, which generates consulting-grade strategy documents; and SalesPlay, an AI sales platform built on the firm's intelligence base.
Alongside the advisory business, MarketsandMarkets maintains a high-volume syndicated research operation, issuing forecast reports and press releases across sectors including agriculture and food, chemicals and materials, healthcare and medical devices, semiconductors and electronics, energy and industrial equipment, and enterprise software and security.
Founding story
MarketsandMarkets was started around the observation that while disruptive technologies such as AI, IoT, 3D printing, nanotechnology and robotics were widely discussed, the business opportunities attached to them were not quantified. The founders set out to research these emerging opportunities and concluded that the broader B2B economy was undergoing a transformation that would generate roughly $25 trillion of new revenue sources by 2030, and built the firm to help B2B companies monetize that shift.
Business model
The firm sells syndicated market research reports, custom/commissioned research and opportunity assessments, and multi-year growth advisory engagements, supplemented by outsourced knowledge services staffed with dedicated analysts and by subscription-style access to its intelligence platforms (KnowledgeStore, GrowthIQ, SalesPlay).
Revenue derives from paid research reports and client engagements (custom research, opportunity assessments, advisory programs) and knowledge-services contracts; Inc42 reports FY25 revenue of roughly ₹283.8-284.6 crore, up about 3-3.6% over FY24 (₹274.9 crore).
Traction
The company reports having worked with more than 10,000 companies, delivering $140+ billion of claimed revenue impact, 30,000+ identified high-growth opportunities, 200,000 connected markets, a Net Promoter Score above 37 and 650+ analysts, with a workforce it describes as 1,500+ people. Inc42 lists an employee count of 1,774 (and elsewhere 1,817), FY25 revenue of about ₹284 crore, monthly web traffic of roughly 410,000 and a Glassdoor rating of 3.40.
Latest developments
The company is promoting AI-based products built on its research base — GrowthIQ for automated strategy document generation and SalesPlay, an AI sales platform for pipeline development — alongside KnowledgeStore. It continues to publish syndicated reports and forecast press releases at a high cadence across sectors such as controlled environment agriculture, freeze-dried pet food, PTFE membranes, infrared imaging, body composition analyzers and DDoS protection.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
MarketsandMarkets positions itself as an alternative to traditional management consultancies and mature-industry research providers by concentrating on emerging and fast-growing markets. Its investor FTV Capital characterized it as having a sustainable model for delivering timely research in emerging industries cost-effectively, and co-founder Aman Gupta described the addressable global market as $40 billion.
The firm differentiates on coverage of emerging rather than mature industries, a primary-research-driven and AI-enabled intelligence platform (KnowledgeStore) that models interconnections and adjacencies between markets, and an engagement model that ties research outputs to client revenue outcomes through advisory programs and dedicated knowledge-services teams.
Technology
Its core intellectual property is KnowledgeStore, described as a primary-research-driven, AI-enabled market intelligence platform that maps interconnected market segments and adjacencies (the site cites 200,000 connected markets). Related products include GrowthIQ, which produces 15+ consulting-grade strategy documents from proprietary intelligence, and SalesPlay, an AI sales platform for pipeline building built on the same intelligence layer.
Go-to-market
The firm markets through a large volume of published syndicated reports, press releases and research insight articles that generate inbound demand, direct analyst and growth-advisor contact channels, and expansion of existing client relationships into multi-year advisory and knowledge-services engagements. It maintains toll-free contact lines for US/Canada and UK office hours.
Large B2B enterprises and corporate strategy, marketing, product and business development functions across roughly 12 industry verticals, including pharmaceutical, chemical, industrial, semiconductor and technology companies. Press coverage states the firm served 80% of Fortune 1,000 companies, and named clients include IBM, Cisco, HP, BASF, Siemens, Ford, Bosch and Thermo Fisher; published testimonials come from Dell Technologies, LyondellBasell, Milliken & Company, SMART Modular Technologies, SFI Health and Weasler CentroMotion.
Geography
Headquartered in Pune, Maharashtra, India, with US and UK contact operations; the 2017 financing was raised to expand its presence in American and European markets.
History
The company states it was founded in 2009 on the idea that every disruption is a source of business opportunities, and describes 16 years of operation; Inc42 and Economic Times coverage date its founding to 2010. It evolved from a market research publisher into a growth-enabling advisory firm. In March 2017 it raised $56 million by selling a minority stake in a round led by FTV Capital with Zodius Capital co-investing — its first institutional capital — to fund expansion in American and European markets, with FTV managing partner Brad Bernstein joining the board and Avendus Capital advising the transaction. The company says it was later named by a Forbes survey to a list of 200 leading US management consulting firms, describing itself as the only India-origin startup on that list.
Risks & controversies
Reported figures vary across sources: the company's own About page gives a 2009 founding and a 1,500+ headcount, while Inc42 and Economic Times report a 2010 founding and employee counts of 1,774-1,817. Metrics such as $140+ billion of "revenue impact" are self-reported and not independently verified, and the company declined to disclose valuation or financial details at the time of its 2017 financing. Revenue growth reported for FY25 was low single digit.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Founder mafia
3 people who came through Marketsandmarkets went on to found or lead other companies.
Timeline · 5
launches, deals, and filingsThe company promotes GrowthIQ, an AI-powered strategic intelligence product that produces 15+ consulting-grade strategy documents built on its proprietary intelligence.
MarketsandMarkets introduced SalesPlay, an AI sales platform built on its MnM Intelligence base and positioned to help users build sales pipeline.
The company states it was recognized in a Forbes survey list of 200 leading management consulting firms in America, describing itself as the only India-origin startup included.
MarketsandMarkets raised $56 million (about Rs 367 crore) by selling a minority stake in a round led by FTV Capital, with Zodius Capital co-investing. It was the company's first institutional capital and was intended to fund global expansion in American and European markets. Avendus Capital acted as exclusive advisor; the company declined to disclose valuation.
$56M source ↗
As part of the $56 million transaction, FTV Capital managing partner Brad Bernstein joined MarketsandMarkets' board of directors.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- Marketsandmarketsmarketsandmarkets.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Marketsandmarkets do?
- MarketsandMarkets is a market research and growth advisory firm serving B2B enterprises with market intelligence and consulting.
- Who founded Marketsandmarkets?
- Marketsandmarkets was founded by Sandeep Sugla, Aman Gupta, Anoop Garg.
- Who are Marketsandmarkets's investors?
- Marketsandmarkets's investors include OMERS Ventures.




