Fractal Analytics raises $360M to help companies analyze big data Vikram is a Client Partner and heads global partnerships and alliances, with a focus on AWS Cloud, NielsenIQ, and Databricks partnerships. So the way we visualise it is that in the not-so-distant future, many decisions that companies will make will have AI, analytics and algorithms involved inthem. In addition, Srikanth is a member of the NASSCOM Executive Council, where he serves as a subject matter expert on data and AI. Prior to BT, he spent four years at Virgin Media latterly as MD Consumer and nine years at Procter & Gamble in various brand management and marketing roles. Suneet completed his Bachelor of Engineering from the University of Pune, India, MS EE from Pennsylvania State University, and MBA from the University of Chicago Booth School of Business. 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. They were ready to trust us. Today, he says, he sometimes wishes theyd headed off to the US and South-East Asia sooner than they did. 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. Before Fractal, Gaurav worked at Tech Mahindra, Schindler Elevators, and ABB. He holds an MBA from the Indian Institute of Management, Ahmedabad (IIMA) and a B. Arch. Yes, I think it (competition) is real. Since Srikanth co-founded Fractal in 2000, the company has raised more than USD 300 million from institutional private equity investors. Eventually, youll have to procure the data and create those pipelines, which is one aspect of it. Interview - Srikanth Velamakanni, CEO at Fractal Analytics And finally, I would say generically read books about entrepreneurs and their stories. AV: Can you recommend a couple of top books on entrepreneurship for anyone who wants to get started? He was earlier part of investment banking teams at Morgan Stanley in Asia and Goldman Sachs in London. Everything is client-centric. He also enjoys memoirs, biographies and books on leadership. 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. Thats what really characterizes Fractals approach and strategy. Read More. 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. As Jeff Bezos keeps saying, if you're really client-centric, then you have to invent on behalf of your clients. Scaling analytics and AI with enterprise IT, Delivering continuous machine learning models & automation pipelines, Transforming enterprises through finance intelligence, Accelerated data to decision transformation, Machine learning and Natural Language Processing, Vice President Sales Retail & Distribution. 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. The son and grandson of Army officers, McChrystal graduated from West Point in 1976 as an infantry officer, completed Ranger Training, and later, Special Forces Training. Certainly all competition is welcome and it only makes us better. Beth is an accomplished retail industry executive with over 30 years of experience in leading iconic brands across the food, drug, apparel, and outdoor gear industries. He has a bachelors degree in Technology from the National Institute of Technology, Trichy, and completed a senior executive finance program from London Business School. Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley. Fractal serves more than 100 Fortune 500 companies with its AI, data and analytics driven business strategies. Edits. |View Academic Calendar 2022-23here. CISP, Lead Auditor.. Suraj is the author of one of the first patents and publications for cancer detection AI systems and has multiple papers and publications in AI and engineering space. We only serve Fortune 500 size clients. Srikanth considers himself a lifelong student of mathematics, behavioural economics, neuroscience and consumer behaviour. It is also helpful that, market certainly seems to value these sorts of companies quite significantly, whether it is LatentView here, or Palantir in the US. But opting out of some of these cookies may affect your browsing experience. EN. He is experienced in building Petabyte scale data lakes and data warehouses, internet-scale, real-time analytics platforms, SaaS solutions, and product engineering. 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. I do still think that relative to the rest of the world, we are quite under-indexed on overall entrepreneurship. She also served as President & Senior Executive Officer of P&Gs $15 billion Asian Business & for P&Gs $15 billion Baby Care Business. Someone to help me with being a CEO. From where the clients are headquartered, it's largely US, Europe and Australia, witharevenue share of 70 percent, 25 percent and 5 percent, respectively. He has deep expertise in machine learning, data engineering, mission-critical applications, and organization-wide strategic transformation initiatives. Theres no such thing as an overnight sensation. What are your thoughts on being a profitable unicorn, which are so few in India? 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. At Progressive Insurance he served as a Division President and Director of Product Development. So we moved the business to the US as we realised that very big companies have huge problems that we can solve for them. 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. He heads the Retail and Distribution industry sector. As you said, everybody wants to invest in data science. What if an employee saw me?. She has experience of IT transformation across multiple industries: banking and finance, telecommunications, manufacturing, health care and government. Mrunali is passionate about ensuring digital programs are set up for success with a design first approach driving high adoption. This is just one excerpt from our exclusive interview with Srikanth Velamakanni, Group Chief Executive & Vice-Chairman at Fractal. We think true client-centricity is about inventing on behalf of the client.. She has completed her B.Sc. Her responsibility for the global Walmart Technology portfolio included both Information Systems Division(ISD) and Global Back Office Solutions. He holds the CPCU and ARM designations. Deb previously served as Chair of the Board at Accupac and on the Board of Directors for Sprint, Staples, and the Singapore Economic Development Board (EDB). Prior to Fractal, Bhaskar was in leadership positions with Target (Enterprise Risk Minneapolis and Bangalore), Accenture Digital (Customer Analytics), and Genpact (Lead Consultant Financial Services).. Ms. Mulligan serves as a trustee on the Board of Directors for The Vanguard Group, a position she has held since 2017, and at DuPont de Nemours, Inc., where she has served since 2021. Dylan is the leader of Neal Analytics andhas over 24 years of experience spanning roles in new market entry, entrepreneurship, team building, consulting, engineering, and design. Manish is the Chief Information Officer and a member of the Fractal executive leadership. TEDx was created in the spirit of TED's mission, "ideas worth spreading." Add. Under his leadership the product development function introduced a host of product and underwriting innovations that have played a vital role in the companys dynamic growth. But 2-3 years after we started, companies started springing up. Srikanth: Our goal, when we incubate any product or a business, is that eventually, they should be able to raise a lot of the capital on their own and potentially be public on their own merits. His expertise helps build commercial effectiveness, ensuring that customer acquisitions are strategic and profitable with a win-win relationship. Shailendra specializes in guiding enterprises with their GTM strategies, helping them scale, win clients and become successful in the journey. Any other areas which need to take shape for India to progress forward in that journey? Fractal employs 3500 people, and is on its way to register $190 million in revenue. US-based artificial intelligence (AI) firm Fractal, which becamethesecond unicornin2022with the latest investment of $360 million from private equitycompanyTPG Capital Asia, is notausualcompany. A member of the NASSCOM Executive Council Srikanth serves as a subject matter expert on data and AI. Prithwish is a Client Partner for Fractals retail practice. Founder & Trustee - Srikanth Velamakanni | Plaksha University He has done his BE from Visvesvaraya Technological University, India. Fractal's build-to-last map for AI treasure - The Ken Prior to Fractal, Manish has worked at UIDAI, Microsoft India, Bharti Airtel, and the Indian Navy. His passion for AI and analytics has made him a thought leader in the space and an admired public speaker. The organization was later acquired by Nielsen. And when do you plan to go for the IPO? Its been quite a journey and theres a lot more to look forward to. IT firms see this as the future and it's rightly so. He has played the CTO role for a multi-cloud data offering and was responsible for features, use cases, architecture, and development roadmap. Read More. Moreover, he harnessed his expertise in analytics for a more significant impact during the COVID-19 pandemic. Sumit holds an MBA in Finance from Narsee Monjee Institute of Management Studies (NMIMS), Mumbai. He is also interested in building, developing, and leading high-performance sales and customer success teams, consistently exceeding revenue targets and client expectations. Because more competition means that we have a higher bar to reach. He is a graduate of the US Naval War College, and he completed fellowships at Harvards John F. Kennedy School of Government in 1997 and at the Council on Foreign Relations in 2000. From a size point of view, we are the second-largest . He is responsible for client relations, strategy, and execution for the unit. He has an MBA from Indian Institute of Management, Ahmedabad, Bachelor of Engineering, Control Systems from Madras University, and Big Data Opportunities, Challenges & Applications certificate from Massachusetts Institute of Technology. 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. Following. Yash is passionate about combining the power of AI, cloud, and data engineering to improve customer experience and solve clients toughest business challenges. In the first 18 years of his career, while working with various advertising agencies, he had a traditional approach to dealing with human behavior. He has also essayed leadership roles in multiple consumer industries like Logistics, Hospitality, and Distribution. Her main area of expertise is managing complex technology businesses in highly matrixed organizations. Copyright 2023 Surperformance. 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. Pdo Thread Lift Procedure How Is It Done Benefits And Side Effects Dr Srikanth V Doctors Circle. Fractal knows how to do that, so our intention is to use some of the money there. We help them with collecting their receivables. He has created and led over fifteen transactions for TPG Capital in India including Matrix Laboratories, Vishal Retail, and invested over $500m in the Shriram group in four of the group companies, in Manipal Hospitals, and Jana Bank, in UPL Corp, Sai Pharma and RR Kabel and recently in Reliance Jio and Reliance Retail and in Fractal. . As Vice Chair of SSA & Company, a CA portfolio company, founded and oversees their Digital Transformation Practice. 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. Sagar has actively worked with NASSCOM, supporting two initiatives: responsible AI framework and unlocking the value from India open government data (data.gov.in). He is currently building Eugenie, an enterprise AI-SaaS platform for operational intelligence. Srikanth Velamakanni is the Co-founder, Group Chief Executive and Executive Vice Chairman of Fractal. He also leads a few of our strategic client relationships globally and heads our Gurgaon office. He has been an advisor to various Indo-US startups and now looking to grow in the US and Europe. The boldness of vision and the willingness to commit a higher degree of capital would also be useful. Pavan is passionate about selling large and complex deals to Fortune 500 clients based in the US and Europe across industries. Sankar is a member of the executive leadership team at Fractal and global practice leader for Banking, Insurance, Healthcare & Technology. He is currently building Eugenie, an enterprise AI-SaaS platform for operational intelligence. India is the only major country in the world that actually has a net addition of labor workforce in the next 7-8 years. 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. Get access to exclusive analysis on growth landscape, sectoral view, future Unicorns & more.. He has played the CTO role for a multi-cloud data offering and was responsible for features, use cases, architecture, and development roadmap. Her contributions relate to establishing robust Governance, Risk and Compliance programs, improving Client and Employee engagement, establishing ESG Programs, creating meaningful reporting, meeting regulatory requirements, and providing the evidence regulators desire, reducing costs through such actions as offshoring, vendor consolidation and transforming the organization. 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 served as CEO of Fractal Analytics from 2006 to 2016. Amit is a Client Partner and is responsible for the business development and client relationship management in Southeast Asia and the GIC business. Copyright e-Eighteen.com Ltd. All rights reserved. The show examines all aspects of the legal profession, from intellectual property to criminal law, from bankruptcy to securities law, drawing on the deep research tools of BloombergLaw.com and BloombergBNA.com. Perhaps it is the mathematical, data-intensive nature of his work that makes him so ordered and precise. Chetan is an engineering leader responsible for establishing and growing the Google Cloud practice at Fractal. 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Can you share more about how you are building it? 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 . Srikanth Velamakanni co-founded Fractal in February 2000 and is the Group Chief Executive Officer. Puneet Bhatia is the Co-Managing Partner for TPG Capital Asia and the head of TPG Capital India. He has a keen interest in building next-generation AI systems that scale for real-world impact. Europe, Menlo Park, China), Where the person is located (e.g. Natwar is the member of the executive team and the Chief Technology Officer at Fractal. Dinesh has a Bachelor of Technology in Mechatronics Engineering from Mahatma Gandhi Institute for Technology (MGIT), Hyderabad, India. He has led high-performing sales and account management teams and has been the single point with end-to-end accountability to drive portfolio growth and develop meaningful relationships. Vikram is a Client Partner and heads global partnerships and alliances, with a focus on AWS Cloud, NielsenIQ, and Databricks partnerships. Karenanns domain knowledge led to innovative technology solutions that were integrating the digital and physical shopping experiences so customers get the products they want, in the way they choose, whether it be in stores and clubs, online or via mobile devices. Ajoy leads engagement delivery and heads capabilities development for Customer & Loyalty Analytics, Integrated Marketing Effectiveness, Artificial Intelligence and Machine Learning, Big Data & Visualization. 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. This is also one of the reasons for the investment. 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. Shailendra is the Chief Growth Officer at Fractal. Prior to Fractal, Prashant founded AI-powered personalized digital marketing firm Imagna Analytics which was acquired by Fractal in 2015. Miten has a Bachelors in Electronics & Telecom from the University of Pune, Maharashtra and completed his Executive Programs from Kellogg and Dartmouth, and is Google Cloud Certified. He has over 18 years of experience in account management, management consulting, and decision sciences consulting across the US, Japan, APAC, and Europe. He has done MS and BE in computer science and MBA from Stern Business School, New York University. He has a keen interest in designing analytics frameworks for solving complex business problems, combining business acumen with applied analytics. My goal is to build this company for the next 100 years and ensure that it remains solid. Srikanth Velamakanni TEDxNIITUniversity. He has been an advisor to various Indo-US startups and now looking to grow in the US and Europe. Her responsibilities at GSK included leadership for all information technology as well as Data, Analytics and Digital Transformation (GSK split into 2 legal entities- a BioPharma company and a separate Consumer Health Company which went public as Haleon in July of 2022) Karenann was previously the chief information officer for Walmart from 2010 to March 2017. But on the whole, if you look at it, I feel like this is good. Before CBS, Dave held various executive roles in analytics and data infrastructure at eBay covering finance, strategy, and marketing.Dave received his BA and Ph.D (Physics) degrees from UC Berkeley and his MBA degree from the Haas School of Business. This makes Fractal just the second unicorn of 2022 incredible! India is going to contribute 91 million to the global workforce in the next 8-10 years. He has done his MA in Economics from Jawaharlal Nehru University (JNU), New Delhi, and BSc (Honors) in Statistics from Delhi University. He has completed his MBA in marketing from the Institute of Management Technology (IMT), Ghaziabad, and has a bachelors degree in technology and computer science from Kurukshetra University. There is a lot to think about and learn from Srikanth and hence we are publishing this interview for our community. He combines his healthcare knowledge with advanced analytics and AI to solve healthcare problems, particularly in clinical, payment integrity, and member experience areas. He has a keen interest in monetizing data, getting signals and avoiding noise, and empowering people to make impactful and sustainable decisions using the power of AI, engineering, and design. But we are in no hurry, either. Deb is a thought leader on topics including leadership, digital transformation, and diversity. Deb previously served as Chair of the Board at Accupac and on the Board of Directors for Sprint, Staples, and the Singapore Economic Development Board (EDB). You realize no one had a straight path to success. But as far as Fractal is concerned, this is not a blitz-scaling business and that mindset doesn't apply to us. 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. Dinesh is a Client Partner and member of the APAC leadership team. Well, Ive always wanted to have a mentor. Deb spent seven years on Fortunes US and International rankings of the 50 Most Powerful Women in Business. Patterson joined Salesforce in August 2019 and served as Chairman of EMEA Advisory Board and President and CEO International. Mrunali leads the Consumer Packaged Goods (CPG) global practice at Fractal. Begun in 2000 by five Indian Institute of Management, Ahmedabad alumni, at a Mumbai flat, the company grew rapidly, winning an enviable base of domestic and international clients before running into leadership turmoil about a year ago.
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