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Acquisition · Enterprise Software & IT

Tredence acquires US pharma analytics firm KMK Consulting

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Date
Company
Tredence
What it does
Data analytics and AI company
Kind
Acquisition
Based in
Bengaluru
Founded
2013
Sector
Enterprise Software & IT

What they do

Tredence helps large businesses use data and build AI-powered software

What happened

It acquired KMK Consulting, a US-based pharma and life sciences analytics firm, for an undisclosed sum

Why it matters

Healthcare and life sciences are expected to be 25% of Tredence revenue by 2028

The details

  • Tredence, a data analytics company based in Bengaluru and San Jose, has acquired KMK Consulting.
  • KMK Consulting is a US-based firm founded in 2000 that specialises in pharma and life sciences analytics.
  • The financial terms of the acquisition were not disclosed.
  • KMK works with 8 of the world's top 10 pharma companies.
  • KMK's expertise includes commercial analytics, patient analytics, market access, real-world evidence, and market research.
  • Tredence contributes AI engineering, data platforms, and enterprise-scale deployment to the combined offering.
  • Tredence expects healthcare and life sciences to make up 25% of its revenue by 2028.

The bigger picture

  • The pharma industry spends about $250 billion annually on R&D and a similar amount on commercialisation.
  • Analytics and AI services for life sciences are growing at a CAGR of 20% to 25%.
  • Tredence is targeting $1 billion in revenue by 2030 through organic growth and acquisitions.
  • Future acquisition focus areas include communications, media, and insurance.

About the business

  • Tredence helps large businesses use data and builds AI-powered software for customer behaviour, operations, and sales.
  • Its AI stack includes the decision intelligence platform Atom.AI, the ML platform ML Works, and agentic AI.
  • Tredence's annual revenue for calendar year 2026 is roughly $250 million.
  • The company is on track to grow about 45% this year.
  • KMK Consulting specialises in commercial analytics, patient analytics, market access, real-world evidence, and market research.
  • KMK works with 8 of the world's top 10 pharma companies.

What happens next

  • Tredence is targeting $1 billion in revenue by 2030 through organic growth and acquisitions.
  • The company may explore a fresh fundraise in calendar year 2027.
  • Tredence may evaluate an IPO in the future, but listing is 'an option, not a compulsion'.
  • Future acquisition focus areas include communications, media, and insurance.

The deal

Type
acquisition

Founders

  • Shub Bhowmick, cofounder
  • Sumit Mehra, cofounder
  • Shashank Dubey, cofounder and chief revenue officer

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