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Lumiq Business Analyst salaries in India (Updated 2025)

Annual salary range
5 - 11 years exp.
₹8.5 Lakhs - ₹14.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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28% more than the average Business Analyst Salary in IT Services & Consulting Companies for 5 - 11 years of experience

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Salaries in different departments

Finance & Accounting
Business Analyst Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.4 L/yr

BFSI, Investments & Trading
Business Analyst Salary
6 years exp. (AmbitionBox Estimate)
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₹13.1 L/yr - ₹16 L/yr

Data Science & Analytics
Business Analyst Salary
5 years exp. (AmbitionBox Estimate)
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₹11.7 L/yr - ₹14.3 L/yr

Healthcare & Life Sciences
Business Analyst Salary
11 years exp. (AmbitionBox Estimate)
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₹12.6 L/yr - ₹15.4 L/yr

Last Updated: 30 Jan 2025

Companies similar to Lumiq for Business Analyst

Company name Avg Annual Salary Open Jobs
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Fractal Analytics Business Analyst Salary

2 - 5 years exp. (28 salaries)

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₹7.5 L/yr - ₹14 L/yr

arrow icon 10% less
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Tiger Analytics Business Analyst Salary

0 - 4 years exp. (86 salaries)

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₹7 L/yr - ₹12 L/yr

arrow icon 14% less
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Mu Sigma Business Analyst Salary

0 - 4 years exp. (195 salaries)

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₹3.3 L/yr - ₹14 L/yr

arrow icon 34% less
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LatentView Analytics Business Analyst Salary

1 - 5 years exp. (28 salaries)

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₹4 L/yr - ₹10.5 L/yr

arrow icon 44% less
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₹4.6 L/yr - ₹9 L/yr

arrow icon 47% less
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AbsolutData Business Analyst Salary

1 year exp. (4 salaries)

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₹8 L/yr - ₹10 L/yr

arrow icon 25% less
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Tredence Business Analyst Salary

0 - 3 years exp. (173 salaries)

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₹6 L/yr - ₹12 L/yr

arrow icon 37% less
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Axtria Business Analyst Salary

0 - 5 years exp. (43 salaries)

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₹5 L/yr - ₹18 L/yr

At par
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Analyttica Datalab Business Analyst Salary

2 - 3 years exp. (3 salaries)

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₹6 L/yr - ₹10 L/yr

arrow icon 43% less
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C5i Business Analyst Salary

1 - 6 years exp. (13 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 49% less
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Junglee Games Business Analyst Salary

0 - 4 years exp. (26 salaries)

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₹8 L/yr - ₹24 L/yr

arrow icon 9% more
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Karza Technologies Business Analyst Salary

0 - 6 years exp. (21 salaries)

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₹5.5 L/yr - ₹14 L/yr

arrow icon 21% less
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₹7.1 L/yr - ₹14 L/yr

arrow icon 22% less
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TVS Next Business Analyst Salary

2 - 7 years exp. (11 salaries)

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₹4.3 L/yr - ₹15 L/yr

arrow icon 17% less
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Unify Technologies Business Analyst Salary

4 - 6 years exp. (7 salaries)

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₹10 L/yr - ₹18.7 L/yr

arrow icon 29% more
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₹5 L/yr - ₹6.5 L/yr

arrow icon 57% less
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Agilisium Business Analyst Salary

2 - 8 years exp. (7 salaries)

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₹5.2 L/yr - ₹8 L/yr

arrow icon 52% less
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Minfy Technologies Business Analyst Salary

0 - 5 years exp. (7 salaries)

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₹5 L/yr - ₹7 L/yr

arrow icon 55% less
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MindTickle Business Analyst Salary

2 - 3 years exp. (5 salaries)

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₹12 L/yr - ₹21 L/yr

arrow icon 9% more
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Aaseya IT Services Business Analyst Salary

8 - 12 years exp. (4 salaries)

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₹5.3 L/yr - ₹18.3 L/yr

arrow icon 6% less
View all
Business Analyst salary at Lumiq ranges between ₹8.5 Lakhs to ₹14.5 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Lumiq.

Latest annual salaries shared by Lumiq Business Analyst

3d ago
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6 years exp.
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5 years exp.
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6 years exp.
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11 years exp.
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5 years exp.

Experience wise Lumiq Business Analyst salaries

Last Updated: 30 Jan 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹13 L/yr
6 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹14.5 L/yr
7 years (AmbitionBox Estimate)

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₹10.5 L/yr - ₹13.5 L/yr
8 years (AmbitionBox Estimate)

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₹11.1 L/yr - ₹14.2 L/yr
9 years (AmbitionBox Estimate)

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₹11.7 L/yr - ₹15 L/yr
View all

Similar Designation salaries in Lumiq

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₹15.5 L/yr - ₹21 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr
Data Analyst Salary
(12 salaries)
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₹5.5 L/yr - ₹17.65 L/yr
Analyst Salary
(AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr
Data Scientist Salary
(44 salaries)
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₹6 L/yr - ₹16 L/yr
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₹24 L/yr - ₹25 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr
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₹12 L/yr - ₹30 L/yr
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₹6 L/yr - ₹15 L/yr

Top skills at Lumiq for Business Analyst

Business Analysis Business Process Analysis Brd Investment Banking Capital Market FRD Documentation General Insurance Insurance Project Management Communication Skills Data Analysis Derivative Market ba Capital Market Operations

Salary related reviews for Lumiq

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Data Science & Analytics Department

5.0
  •  posted on 01 Mar 2025

5.0
 for  Salary and Benefits

Likes

... We don't' have strict clock in times, although arrival and departure are noted. There's is no pay cut or leave deduction for being late or work remotely. Salaries got delayed last month, but the CEO team were transparent about it. Everyone is very tech-savvy. I'm expected to handle both business analysis and data-related tasks. Plus the office has a cool setup with pool and table tennis.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Working on diverse project is great, but the clash between customer and lumiq's culture can be confusing. I'm not fond of working from customer sites when required, because some are quite old school and even lack decent network.

read more

Full Time

 · 

Data Science & Analytics Department

1.0
  •  posted on 13 Feb 2025

1.0
 for  Salary and Benefits

Likes

Not so much

Dislikes

... different hierarchy, to the manager, delivery partner and then to the CEO also. Payment of Salary has been delayed for 1.5 months of time since NOV 2024. The variable pay has not been paid since last two quarters. Life has been squeezed from Work life balance.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Data Science & Analytics Department

1.0
  •  posted on 11 Nov 2024

1.0
 for  Salary and Benefits

Likes

Absolutely Nothing

Dislikes

...ut either with a complete mental torture and mental health damage or much worse. Over the top, they are not even giving salary on time and then force employees to put 5 star rating on company online platform. The POSH policies, Mental health wellness are just things for the poster and paper because they never act on it. It’s better to do a half pay job elsewhere than work at this company. Only toxic people can stay and sustain here themselves.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 15 May 2023

3.0
 for  Salary and Benefits

Likes

On-time Salary Hybrid work model Located at Noida, Pune, Mumbai and Chennai so one has options to work near the home locations. Options to complete various cloud-based certifications.

read more
  • Skill development - Good

Dislikes

I feel compelled to share my experiences as I had the worst experiences of my career at Lumiq. There was an abysmal lack of transparency in work/project allocation, and it seemed as though the lead or manager stole all the credit for the hard work put in by everyone else (people who work at ground level). There was no recognition of the team's efforts, and it created a toxic work environment where people were afraid to make mistakes. Moreover, the unrealistic work expectations were unbearable. Without any work-life balance, team members were expected to work day and night, even on weekends. There was no comp-off policy and no compensation for working on weekends. It was incredibly frustrating, and I could see many colleagues leaving out of sheer frustration just within a year of joining. The lack of empathy and blame game culture at the company made it intolerable. The so-called founding members were highly arrogant and disrespected both juniors and seniors. They seemed to be obsessed with micromanagment, which created a lot of fear among the employees. Even minor mistakes were subject to public humiliation and criticism. Overall, I had a terrible experience working at Lumiq. The culture was toxic, and the expectations were unrealistic. There was no work-life balance, and the lack of transparency made it impossible to work effectively. I highly regret working there. Therefore, it is advisable to think twice before deciding to join this firm.

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  • Job security - Poor
  • +3 more

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 21 Feb 2025

5.0
 for  Salary and Benefits

Likes

LUMIQ's strong mentorship culture makes it a great place to learn and grow. The training programs for both new and existing employees help us stay current with the latest tools and best practices. I joined as a "NUMIQer" and had the chance to move from 15k per month to 8.5 LPA ONE I completed the K2 program -some folks did it successfully, although I couldn't. Even the CEO is hands-on with tech. The head of the technology still codes and holds live session.

read more
  • Salary - Excellent
  • +6 more

Dislikes

...busy schedules, and senior management usually appears only once or twice a year. Recently, finance underwent a major restructuring, which delayed salary. They were transparent about it, but no delays would be ideal.

read more
see more salary related reviews

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Lumiq Business Analyst Salary FAQs

What is the salary of Business Analyst at Lumiq ?
The average salary of a Business Analyst at Lumiq in India typically ranges from ₹8.5 Lakhs to ₹14.5 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of Business Analyst at Lumiq earn more than ₹14.5 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Business Analyst Salaries at Lumiq can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Lumiq employees in India.
What is the estimated take home salary of a Business Analyst at Lumiq in India?
The estimated take-home salary of a Business Analyst at Lumiq in India typically ranges from ₹87,750 to ₹90,052 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹14.5 Lakhs per year for employees with experience ranging from 5 years to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Lumiq. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Analyst at Lumiq ?
To be a Business Analyst at Lumiq in india, the key skills required include:

  • - Business Analysis
  • - Business Process Analysis
  • - Brd
  • - Investment Banking
  • - Capital Market

These skills are highly valued at Lumiq and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Lumiq for Business Analyst in India?
Hike ₹14.0 Lakhs to ₹26.0 Lakhs per year
Unify Technologies ₹10.0 Lakhs to ₹18.7 Lakhs per year
Blackbuck Insights ₹7.8 Lakhs to ₹30.0 Lakhs per year
Junglee Games ₹8.0 Lakhs to ₹24.0 Lakhs per year
MindTickle ₹12.0 Lakhs to ₹21.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lumiq, depending on the role and experience level.
What is the salary of a Business Analyst in companies similar to Lumiq in India?
The salary of a Business Analyst at companies similar to Lumiq in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axtria ₹5.0 Lakhs to ₹18.0 Lakhs per year
Aaseya IT Services ₹5.3 Lakhs to ₹18.3 Lakhs per year
Fractal Analytics ₹7.5 Lakhs to ₹14.0 Lakhs per year
Tiger Analytics ₹7.0 Lakhs to ₹12.0 Lakhs per year
TVS Next ₹4.3 Lakhs to ₹15.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Business Analyst at Lumiq in India?
The salary growth for a Business Analyst at Lumiq depends on factors such as experience, performance, and promotions. On average, a Business Analyst can expect the following growth trajectory at Lumiq:

Experience Average Salary Range
5 years ₹8.5 Lakhs to ₹13.0 Lakhs per year
6 years ₹8.5 Lakhs to ₹14.5 Lakhs per year
7 years ₹10.5 Lakhs to ₹13.5 Lakhs per year
8 years ₹11.1 Lakhs to ₹14.2 Lakhs per year
and so on.

Tell us how to improve this page.

Lumiq Business Analyst salary in India ranges between ₹8.5 Lakhs to ₹14.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Lumiq latest salaries received from various employees of Lumiq.