He has also led the analytics practice for a large global enterprise and was responsible for business strategy, GTM, sales, revenue, P&L, people, delivery, solutions, consulting, and customer and vendor relationships. In 2000, he co-founded with Pranay Agrawal and 3 others, Fractal Analytics, a company operating in U.S., U.K. and India. Ed has a long work history in the Property-Casualty insurance industry. He comes with over 18 years of experience in predictive analytics and product development. She has experience of IT transformation across multiple industries: banking and finance, telecommunications, manufacturing, health care and government. So it definitely created its own issues. We help them with collecting their receivables. Faculty come from institutions such as MIT, Stanford, Cornell, University of Cambridge, NTU Singapore, IIT, IISc among others. And secondly, it will help us in doing meaningful investments and acquisitions that bring greater client value overall. Other than Moonraft, Ritesh has also worked with Infosys Technologies. They were much better potential clients than guys who just bought the car rashly and gave it up as soon as they couldnt pay.. Everything is client-centric. Dinesh effectively scaled multiple technology solutions for efficient patient management for the Government of Karnatakas COVID-19 response in partnership with the State War Room and BBMP. He has both led and participated in a number of key deals includingThoughtWorks, Grupo Engineering,EVRY, GlobalLogic, iGATE, Tivit S.A. and Orange Switzerland. Century Insurance he led the Marketing, Advertising, Sales and Actuarial functions for this direct distribution company. 10,000, Traders Mela for Hindi Speaking Trading Community, Chinese family realises their pet dog is actually an endangered bear, Bill Gates says meeting PM Modi was the highlight of his India trip, 'Mysterious crispy pretzel shaped fried waffles': Guess the sweet from this restaurant description, SoftBank CEO to attend OYO founder Ritesh Agarwals wedding. She serves on the Board of Trustees for New York-Presbyterian Hospital, Partnership for New York City, and Chief Executives for Corporate Purpose (CECP). He is a member of Forbes Technology Council, technical advisor for DevNetwork, San Francisco, and has held academic positions in the University of Paris Sud and IITKGP. Srikanth Velamakanni is the Co-founder, Group Chief Executive and Executive Vice Chairman of Fractal. At Fractal, Shelly is focused on building new geography, helping in the acquisition and growth of the select practice, and contributing towards the billion-dollar revenue company across services businesses. Amit has over 18 years of experience in analytics and AI, strategy consulting for CPG, retail, technology, and financial services organizations worldwide, in diverse markets. Perhaps it is the mathematical, data-intensive nature of his work that makes him so ordered and precise. He supports reimaging the business process in a post-AI world and creating products that manifest and embody the future state. Sumit holds an MBA in Finance from Narsee Monjee Institute of Management Studies (NMIMS), Mumbai. He specializes in scaling strategic client relationships, signing multi-million/multi-year MSAs by building trust, and delivering business impact. Before Fractal, Dinesh was at the forefront of several digital transformation initiatives at Sky UK, such as a 1:1 customer decision platform, enterprise forecasting solutions, ML portfolio optimization, and GCP cloud migration. It is mandatory to procure user consent prior to running these cookies on your website. Also, decision-making was slowing down., A bad decision taken in time, Velamakanni says, is better than none at all. His dissatisfaction with this traditional paradigm led him to co-found FinalMile Consulting in 2007. He is currently building Eugenie, an enterprise AI-SaaS platform for operational intelligence. What does the investment mean for the Community and the data science ecosystem at large? He has done his BE from Visvesvaraya Technological University, India. How does it feel and what is next for Fractal? This email id is not registered with us. My goal is to build this company for the next 100 years and ensure that it remains solid. But 2-3 years after we started, companies started springing up. Many things to do. Fast forwardto 2022:the firmis now valued at $1 billion, after the $360 million from TPG. Our first client in Singapore awarded us a risk management project over several bigger, more established names. Miten has proven expertise in building digital-tech and SaaS business and scaling it globally leveraging partner ecosystem and distribution network to reduce CAC and churn, expand margins and increase ACV & ARR. As Fractal turns 23, I am about to reach the point where I have spent half my life | 20 comments on LinkedIn She is a member of the board of trustees for the New York Hall of Science, a hands-on science and technology center and has also led Global Councils for Women Leaders at GSK and Walmart and acts as an executive sponsor of Science, Technology, Engineering and Math (STEM) initiatives. Every minute of this journey has been super fun. Yash comes with over 25 years of experience in advanced analytics, information management, big data, cloud, and various digital technology initiatives with Fortune 500 enterprises spanning architecture, strategy, delivery, and consulting services. While the world is laser-focused on data science, there is a HUGE opportunity to upskill and invest in the data engineering aspect. Srikanths passion for AI and analytics has made him a thought leader in the space and an admired public speaker. Theres no such thing as an overnight sensation. Deb authors a blog: Run2Digital. Sangeetha has a keen interest in using analytics and AI-powered insight to create a seamless customer experience and transform retail businesses to thrive in the future. Before Fractal, he pioneered high-frequency algorithmic trading in India with Getco/KCG. He has consulted with Fortune 100 C-suite to strategize and deliver over a hundred impact programs in marketing, sales, finance, e-commerce, analytics, IT (Information Technology), and R&D functions. He has deep expertise in machine learning, data engineering, mission-critical applications, and organization-wide strategic transformation initiatives. Debs efforts were recognized with the dedication of a Vietnamese School in her honor. roup Chief Executive & Vice-Chairman at Fractal. I have personally been involved with the data science community for a long time. It is a hat-trick! Ashwath completed his Finance Management Program from GE and is a Chartered Accountant from India (ICAI). He has designed a 3P flywheel growth model of People, Products, and Partnerships, with customers in the center is widely recognized to drive SaaS growth.. At Fractal, he is playing the new game that is emerging at the intersection of human and machine intelligence. He has worked globally, with significant exposure to North America, Europe, Singapore, and Australia. He holds MBA from The Wharton School with majors in Strategy, Finance, and General Management and a Bachelor of Technology from the Indian Institute of Technology (IIT). He has a keen interest in ensuring that the best of human and machine intelligence is used to drive higher levels of objectivity and reduce bias in decision-making. After dinner, as he drops me in his car to the nearest taxi stand, I ask him if he has any regrets. Anindya is an expert in solving tough business problems and implementing solutions across the insurance and healthcare value chain using advanced AIML techniques. Deb is an advocate for the health & education of children. Prior to Fractal, Ajoy was the Country Credit Risk Head for the consumer portfolio of Barclays India. But then, if not that, something else would have happened. Right from the early days we decided we wouldnt appoint one single CEO. Beth was a 26-year Executive at Delhaize leading its highest performing banner as the President of Hannaford to a health and wellness strategy and then repositioning and driving transformational change to successfully turn around the business model, culture, and brand at Food Lion as the President. All rights reserved. He is experienced in Credit Risk Policy & Portfolio Management, Collections Strategy, Underwriting & Fraud Control. He believes the emergence of a more efficient and safer world is possible through optimized decisions and actions that humans and machines must achieve together.. Very, very smart and capable people. This website uses cookies to improve your experience while you navigate through the website. But egos had been hurt by then. Under Debs leadership of P&Gs Live, Learn and Thrive Program, Asia delivered more than 325 million Liters of clean drinking water to Asias poverty ridden and disaster struck areas improving the lives of more than 100 million children in Asia. Raj has a Masters in Mathematics, and in her most recent role, she was the Chief People Officer at Fractal. Shelly has a bachelors degree in commerce from Delhi University, ICWAI, from Delhi, and completed an executive program for negotiations from Harvard Business School. Since Srikanth co-founded Fractal in 2000, the company has raised more than $300 million USD from private equity investors and has empowered more than 100 Fortune 500 companies with its AI, data, and analytics-driven business strategies. He is a movie buff and loves traveling, particularly to the national parks. Shashank has an MBA from Harvard Business School, a Masters in Economics from Cambridge University and a BA (Honours) in economics from St. Stephens College (Delhi University). He was also responsible for consummating some of GE Capitals joint ventures in India. What this teaches me is the value of perseverance and the value of grit. His career spans Wall Street in New York and Indian markets in Mumbai. We are a better firm for it. Somaiya, Mumbai.. That is where we are headed as a next step. Fractal is well recognized for its client-centricity with a Net Promoter Score of over 70%. Only when you're truly public can you have permanent capital, and that's when you can build it for the really long term. Mrunali has over 25 years of experience in the CPG industry, leading brand P&L, marketing insights, analytics operations, and client partnerships. US-based artificial intelligence (AI) firm Fractal, which became the second unicorn in 2022 with the latest . Prior to Fractal, Manish has worked at UIDAI, Microsoft India, Bharti Airtel, and the Indian Navy. Srikanth co-founded Fractal Analytics in 2000, well before analytics and AI were entire industries. Can you give us an insight into how this investment accelerates Fractal in its journey? Get a daily email featuring the latest talk, plus a quick mix of trending content. Its an AI-led demand forecasting product aimed at the CPG industry. He has a keen interest in harnessing the power of cloud technologies to drive AI, engineering, and design basis data engineering and AI solutions that deliver impactful and sustainable business outcomes for clients. So we work backward from what does the industry or the client need, and then work backward from there. Andrea held other corporate positions as the Assistant Treasurer of the JC Penney Company and Assistant Treasurer of Deutsche Bank. We see great opportunities in areas such as healthcare and supply chain, to name a few. It has taken off in a very big way in India in the last few years. Based in London, he is responsible for driving customer success for Fortune 500 clients in the US, UK, and Europe. Gaurav is driven by the power of AI and analytics, developing products enabling enterprises to draw accelerated value from their data assets. Since Srikanth co-founded . Fractal's mission is to power every human decision in the enterprise and to use the power of AI to help the world's most admired Fortune 100 companies. Miten has over 25 years of technology experience in building and growing partner ecosystems and communities to drive repeatable, scalable, profitable & non-linear growth. Read More. In his current role, Natwar is leading a global engineering team to operationalise our clients data-to-decisions platform and partner them in their digital transformation. Quantum computing is an area of research for us. Copyright e-Eighteen.com Ltd. All rights reserved. He has a B.Com Honors degree from the Sriram College of Commerce, Delhi and an MBA from the Indian Institute of Management, Calcutta. Sumit has been associated with Fractal since 2007 and has expertise in influencing business outcomes of varied nature including Customer experience, Revenue uplift, Cost reduction and Operational efficiencies, delivering 50+ programs on legacy and cloud platforms. It was an interesting job, Velamakanni recalls, and he got a chance to work with clients such as Enron and in sectors such as aircraft finance. He is also the author of the novel Overrated and is working towards writing another one in the non-fiction category A millennial apologie. He has a keen interest in solving complex problems for business, society, and the planet with an inter-disciplinary approach in a responsible, inclusive, and sustainable manner. We have extremely smart people across the country. His focus areas are Natural Language Processing, speech recognition, and other technologies at the intersection of human-machine interactions. The first year was pure startup mode, like sleeping in the office type of situation. He is a recipient of multiple corporate awards and leads large global teams in North America and Asia. He is responsible for client relations, strategy, and execution for the unit. Deb spent seven years on Fortunes US and International rankings of the 50 Most Powerful Women in Business. He is a Google Cloud leader accelerating & scaling non-linear revenue growth through partnerships. Using raw data from what you experience in business everyday to take better future decisions. This transition has happened in the last 10-15 years. Prithwish has a keen interest in enabling client value realization through the ethical use of data and analytics. Terrell previously served as chief information officer of Baxter International, Inc., where she was responsible for the companys global IT function, supporting businesses worldwide in bio-tech, medical devices and pharmaceuticals and was chief information officer in Daimler Chrysler where she had total technology responsibility for the Chrysler Group and Mercedes-Benz Americas. Other than Moonraft, Ritesh has also worked with Infosys Technologies. He served as CEO of Fractal Analytics from 2006 to 2016. Natwar is the member of the executive team and the Chief Technology Officer at Fractal. As I said, we see opportunities in a number of different places. And the second aspect of it is deploying them. Sumit is a Client Partner and leader in Technology, Media & Entertainment practices. He has played leadership roles in P&L Management, Strategy, Business Development, Operations and New Business start-up. He also guides solution design and client value realization for insurance and healthcare practices. Suneet is a Client Partner in APAC Practice, leading our partnership with a HealthTech and Consumer Goods major. He is also on the Boards of VIP Industries Limited and KEC International Limited among others. Before Senseforth, Ritesh was a VP at Moonraft Innovation Labs, a global design and customer experience company. He has experience of over 15 years spanning across roles in business development, customer success, and regional P&L leadership in analytics and AIML. He believes in integrating AI to deliver more ingenious innovations, efficient business execution, and product supply in customer-facing industries. Prior to joining Fractal, Rasesh was the Offshore Unit Head for a large account, managing over 600 people at Mastek, and a Group Software Manager at Tata Infotech Ltd. (now part of Tata Consultancy Services). Mrunali has over 25 years of experience in the CPG industry, leading brand P&L, marketing insights, analytics operations, and client partnerships. He has a passion for coaching directors and teams, as well as a reputation for connecting with both senior business and technical leaders. Forbes recently ranked Fractal as the 7th best-funded analytics company in the world, the Great Place to Work Institute rated them as the Best Company to work for in the analytics industry, Fractal was also called out as a Cool vendor in analytics by Gartner, Forrester rated them as a Top provider for Text analytics for their product dCrypt. Srikanth is the Chair of the board of Qure.ai, a leading healthcare AI company that's playing a pivotal role in diagnosing and treating diseases like Tuberculosis and Covid-19. She has the expertise in enabling enterprise digital transformation by translating business goals into D&A strategy, leveraging data science, data engineering, and design thinking. Srikanth Velamakanni and Pranay Agrawal survived a near-death experience and made Fractal into a force to reckon with in the AI and analytics world . One of the few profitable unicorns, Fractal is also a successful turnaround story afterrecovering froma huge setback in 2007 when some of its founders left the firm over the choice of the CEO andthe companylost one of its key clients. Al has led numerous technical teams in the UK, India, China, Japan, Germany, and Latin America. It was a product where anybody can walk into a store, buy a product, get a loan and take the product home, like a TV or a flat screen TV. Manish has a bachelors degree in math and physics and CISA, CEH,C|HFI, LPT. She was a Principal at McKinsey & Company, and held senior positions at AXA Financial and New York Life Insurance Company. Dinesh effectively scaled multiple technology solutions for efficient patient management for the Government of Karnatakas COVID-19 response in partnership with the State War Room and BBMP. This is also one of the reasons for the investment. I feel very passionately about the community. He also acts as a strategic advisor/angel investor to a few start-ups. You feel ready to take on the world. Arpan specializes in re-imagining front-office functions customer experience, sales, marketing, digital and care. He considers himself a lifelong student of mathematics, behavioral economics, neuroscience, and consumer behavior. A member of the NASSCOM Executive Council Srikanth serves as a subject matter expert on data and AI. In his past career Mr. Velamakanni held the position of Assistant Manager at ICICI Bank Ltd. and Associate of Anz Investment Bank (AU). He has served on the Boards of industry organizations including the Insurance Institute for Highway Safety (IIHS), Highway Loss Data Institute (HLDI) and Advocates for Highway and Auto Safety. He has appreciation towards creating reusable solutions and had co-created an AutoML platform, brAIn.ai, for driving acceleration and standardization in modelling workflows. Based in London, he is responsible for driving customer success for Fortune 500 clients in the US, UK, and Europe. Velamakanni then interrupts the Fractal story to point out the most important lesson he picked up in those early days: When we started, we thought of establishing ourselves in India first before going abroad. In 1998, Velamakanni joined ANZ Investment Bank from business school in the structured debt department. Become a Premium member Start free trial. Under his leadership, Fractal has developed several product lines within the company including Cuddle.ai, Eugenie.ai and Qure.ai. Before Fractal, Gaurav worked at Tech Mahindra, Schindler Elevators, and ABB. Deb is a Partner at Council Advisors (CA) where she spearheads their digital transformation practice and is a senior advisor to World 50, a C-Suite Leadership Development & Networking Company which houses the G100 Network. Prior to that, Rohan was a consultant at McKinsey and Co. in India. But we are not reckless with it (money). Ritesh heads technology at Senseforth.ai as the Chief Technology Officer and drives the product strategy and technology roadmap. He focuses on the development of new AI products and scalable solutions. Neeraj Sharma is a Client Partner and an award-winning technology executive with over two decades of experience including the unique blend of the healthcare industry and consulting. She has experience of IT transformation across multiple industries: banking and finance, telecommunications, manufacturing, health care and government. Neelam is currently a Non-Executive Director at ICICI Bank Limited, Capita PLC and Yatra Online Inc. She is also the Chairperson of Capillary Technologies, a young startup. Founded in 2000, Mumbai and New York-based Fractal Analytics raised 360 million dollars from a private equity firm, TPG Capital Asia and became the second un. Reporters from Bloomberg's Washington, D.C. bureau are prominently featured as they offer analysis of policy and legal issues. A passionate advocate for national service, McChrystal is the Chair of the Board of Service Year Alliance, which envisions a future in which a service year is a cultural expectation and common opportunity for every young American. He has a keen interest in harnessing the power of cloud technologies to drive AI, engineering, and design basis data engineering and AI solutions that deliver impactful and sustainable business outcomes for clients. He has a bachelors degree in commerce from Banaras Hindu University, Varanasi, and a Masters in Business Administration (International Business) from K.J. Soudip has co-authored 5 US patents and 12+ international peer-reviewed journals and publications. Deb serves as a Senior Advisor to Omni Bioceutical Innovations and a portfolio of tech start-up/scale-up companies including Fractal Analytics, Nuvo, and Innovaccer. He has over 15 years working on Boards and in Board level advisory roles. We were in a very good place and we suddenly had to take five steps backwards before we moved forward. Soudip has a Ph.D. in recommender systems and machine learning from the University of Trento, Italy., Co-founder, Group Chief Executive and Vice Chairman. Thats what really characterizes Fractals approach and strategy. He leads capabilities globally for research and delivery in the areas of AI, engineering, machine vision, natural language processing, machine learning operations, and cognitive automation. Before Fractal, Gaurav worked at Tech Mahindra, Schindler Elevators, and ABB. He has a keen interest in user behavior analytics, fraud detection, investigations & prevention, and threat hunting. So even if any setbacks happened, each of them was a huge learning experience. Velamakanni is an intense man. Gaurav is a Client Partner and head of Trial Run in the business experimentation platform at Fractal. Necessary cookies are absolutely essential for the website to function properly. Her expertise spans marketing, revenue growth, digital commerce, innovation, consumer and demand analytics. Add. Fractal knows how to do that, so our intention is to use some of the money there. As Chief Executive, he created and handled a portfolio of almost a dozen companies such as TCS, Patni Computers, BirlaSoft, Sierra Atlantic, iGate, Indus Software and Rediff. She joined Guardian in 2008 as Executive Vice President to lead their Individual Life & Disability business, was named CEO in July 2011, and retired as Chair and CEO at the end of 2020. He specializes in scaling strategic client relationships, signing multi-million/multi-year MSAs by building trust, and delivering business impact. We are looking to add 2000 people in 2022. He comes with over 15 years of experience spanning roles in CPG consulting, account management, and building global partnerships and strategy. She was on the NASSCOM Executive Council from 2009 to 2017 and made significant contributions to the industry strategy and public policy frameworks. AV: You mentioned that India has everything to be the AI destination for the world and upskilling is obviously one of the areas. So that was the first of its kind in India to use a risk model. He has previously worked at Infosys, Gartner, Macquarie, and HP. He comes with over 19 years of experience in the ICT, Cloud, Data Analytics, and AIML industry, with a focus on start-ups in Australia and New Zealand. He was in Leadership role in Consumer Credit Risk Management in Standard Chartered (Prime Financial), CitiFinancial and GE Money. We just have to be focused on what we can address. He has over 14 years of experience in analytics and in the early part of his career he also partnered with Financial Services and FinTech companies. He has co-founded FinalMile and has built a world-class team of behavioral scientists and designers. He has also completed disruptive strategy from Harvard Business School. Bhaskar is a Client Partner and part of the Asia-pacific leadership team, driving digital transformation for Fortune 500 clients across industries. Sagar has completed his bachelors and masters in chemical engineering from IIT, Mumbai, and has done research at NCBS Bengaluru, and the University of Karlsruhe, Germany. His career spans Wall Street in New York and Indian markets in Mumbai. Srikanth is also a Co-founder and Trustee of Plaksha University, which focuses on core engineering, AIML, and mathematics, and promotes interdisciplinary learning by bringing together science and liberal arts. Rohit has worked with some of the most admired ASX 20 brands in BFS, insurance (P&C, health), telco, CPG, and aviation. Srikanth Velamakanni is the Co-founder, Group Chief Executive, and Executive Vice Chairman of Fractal, one of the leading players in artificial intelligence and digital transformation. She has a keen interest in interconnecting decision spines in organizations, digitization of decisions with AI & engineering, NextGen revenue growth with omnichannel commerce. When expanded it provides a list of search options that will switch the search inputs to match the . Get TED Talks picked just for you. 140306, B.Tech in Computer Science & Artificial Intelligence, B.Tech in Robotics & Cyber-Physical Systems, B.Tech in Data Science, Economics & Business, B.Tech in Data Science, Economics and Business. He is a Bachelor of Business Studies, from Shaheed Sukhdev College of Business Studies, Delhi University, and has done his PGDBM in Marketing and Finance from SCMHRD, Pune.. Rohit is the leader of ANZ business, responsible for growth, client development, and P&L. He takes a keen interest in using the power of AI and Cloud to drive customer experience, simplify processes, solve real-world problems, and have an impact on people. It helps us in investing in more products. Anindya has a keen interest in enabling every human decision from the lenses of AI, engineering, and design. He served as CEO of Fractal Analytics from 2006 to 2016. He has completed his M.Sc and M.Phil in Economics from IGIDR, Mumbai, India. Over the course of his career, he has worked at start-ups, an investment bank, a Big 4 firm and in Fortune 500 environments to create, build, and drive strategies for revenue growth, global expansion, enhanced shareholder value, and market leadership. PM Modi invited too, Laid off Twitter employee who slept on office floor in viral pic: 'Businesses are not families'. He comes with deep technical expertise in cloud technologies in AWS, specifically in building petabyte-scale, high-performance modern data platforms, such as hybrid warehouses, data lakes, CDPs, and AI, NLP, and real-time decision systems. Rohan has also been actively involved in portfolio work at NXP Semiconductors. Let us say that we don't do TV ads and adson cricket matches. In his current role, Natwar is leading a global engineering team to operationalise our clients data-to-decisions platform and partner them in their digital transformation. And at this point in time, Fractal is not over-indexed in these areas and we would like to be. . In TMT, he consulted semiconductors manufacturing, strategy, and related Private Equity due diligences, influencing $1-3 billion investments. Activity. And that is the attraction. He has a keen interest in democratizing data analytics and ML applications. From the revenue standpoint, I think the next logical step is to think of $1 billion in about four or five years. Prior to Fractal, he held senior leadership positions with various notable Fortune 500 organizations and led many large-scale transformations. You started the company in 2000, when analytics wasn't as mainstream as it is today. She has a Masters in Management and Policy from the University of StonyBrook, the USA, and a BTech in Engineering from IIT Kharagpur, India. And the suitwithout a tiedoesnt add any years. She began her career with General Motors as an electrical engineer, where her responsibilities included manufacturing and product engineering for the Chevrolet and Cadillac brands as well as the Onstar division. He has led several data science activities for Fractals AI products and accelerators. He is driven by the belief that the more we understand the inscrutable algorithm in our brains, the better will be the technology we develop for our machines. 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