Soudip has co-authored 5 US patents and 12+ international peer-reviewed journals and publications. But on the whole, if you look at it, I feel like this is good. As I said, we see opportunities in a number of different places and we aim to build products across each of these areas of interest. He has previously worked at TCS, Mu Sigma, and MarketsandMarkets. 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 . We also use third-party cookies that help us analyze and understand how you use this website. At an individual level, I facilitate courses on entrepreneurship and encourage others to do the same to leverage their experience and help the talented young people of this country to broaden their horizons. 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. Last year, I was on tour for 200 days. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX, Vice Chair/Group Chief Exec/Co-Founder, Fractal Analytics Ltd. 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. 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.. 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. He comes with over twenty-one years of corporate finance experience, FP&A, commercial finance, controllership, finance operations, treasury, supply chain management, pricing, M&A, and tax. However, from a competition standpoint our clients win rate is significantly higher. Back Submit. Patterson is Chairman of Business in the Community, a Non-Executive Director at Elixirr Consulting, the APAX backed AI business Fractal and EQT backed Delta Fiber. Disclaimer: Fractal is a strategic investor in Analytics Vidhya. Mrunali leads the Consumer Packaged Goods (CPG) global practice at Fractal. In geometry or nature, a fractal is a never-ending, self-similar pattern. He has completed his M.Sc and M.Phil in Economics from IGIDR, Mumbai, India. And secondly, it will help us in doing meaningful investments and acquisitions that bring greater client value overall. 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. In this interaction with Moneycontrol, Velamakanni talks about the firm morphing into a unicorn, what's next for Fractal and the company's early days as one of the first analyticsfirmsin India. This was creating issues in allocating resources. He heads the Retail and Distribution industry sector. Neeraj is passionate about education and youth development and has served on the board of various non-profit organizations and currently is on the board of Lions Heart (a non-profit for teen volunteers and leaders). Mrunali leads the Consumer Packaged Goods (CPG) global practice at Fractal. Watch Here Fractal, which was founded in 2000 by Srikanth Velamakanni, Pranay Agrawal, Nirmal Palaparthi, Pradeep Suryanarayan, and Ramakrishna Reddy, offers. 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 is keen on making analytics and data science consumable, by bridging the analytics-business value chains with problem structuring, design thinking, experimentation, and cross-functional collaboration. In addition to his work with consulting clients, Al serves on the Table Group Consulting Executive Committee where he has responsibility for business development as well as coordination of our consultants across the Western U.S. We focus on what do our clients need the most. But as far as Fractal is concerned, this is not a blitz-scaling business and that mindset doesn't apply to us. A former physicist turned data scientist, Dave Botkin built and ran analytics and data engineering teams in startups and Fortune 50 companies until retiring in 2018 to focus on Analytics Consulting and Advisory services as Dave Botkin Consulting, LLC.DBC LLC has advised clients in ecommerce, mobile gaming, streaming audio, healthcare, and IoT on driving more value with their data.Prior to DBC, Dave was Sr. Director of Marketing Analytics in Googles Ads business, where his teams evaluated marketing program effectiveness and developed machine-learning models to route leads to sales. He also guides solution design and client value realization for insurance and healthcare practices. He has both led and participated in a number of key deals includingThoughtWorks, Grupo Engineering,EVRY, GlobalLogic, iGATE, Tivit S.A. and Orange Switzerland. We are much better positioned to handle problems because of that. Velamakanni only shifted back to India in May 2007 from the US. Can you share more about how you are building it? ur 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. He also leads a few of our strategic client relationships globally and heads our Gurgaon office. Analytics Vidhya (AV): Srikanth, welcome to the call and a huge congrats on Fractal becoming a unicorn! If you look at the AI world, I see it as three phases : We want to invest today because we know that in seven or ten years everybody will be investing, and in fact even in five years well see some great use cases. Some of the fin-tech companies are using some of those techniques now, 20 years later. Quantum computing is an area of research for us. Brilliant work by my colleagues Karen Shackleton and Cameron Turner with support from Redington. Dipita has over 25 years of experience in enabling decisions with analytics across the largest CPG enterprises globally. AV: Thats super interesting and well circle back to the engineering aspect in a moment. He also acts as a strategic advisor/angel investor to a few start-ups. We can bring a certain set of skills and capabilities and resources to their success, but eventually, we want them to be, 2010 Google and Microsoft got interested in AI and started investing heavily, 2015 Big global companies started investing in AI, and. Under his leadership, Fractal has developed several product lines within the company, including. Interview with Srikanth Velamakanni - Fractal Analytics. In terms of talent, almost 60 per cent our employees are from the premium institutes such as IIMs and IITs. He also guides solution design and client value realization for insurance and healthcare practices. Sahibzada Ajit Singh Nagar, Are there any regrets over the whole 21-year journey? Key skills include leading cultural transformation, change management, talent acquisition, and talent management. We spend about 15 to 20% of our revenue in R&D and creating products so it will help us in accelerating that further. 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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. Nothing else.. He works towards solving sustainability, Responsible AI, gender-neutral fashion, cyber-insurance, C-suite growth agenda, insurance underwriting, healthcare digital adoption, home loans, disintermediation for DTC, rethinking customer acquisition, and engagement with personalization 3.0, among others. 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). Srikanth Velamakanni | Playing it by the numbers. Prior to Fractal, Satish held various roles at Sutherland Global, Spark Capital and KPMG. Only when you're truly public can you have permanent capital, and that's when you can build it for the really long term. 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. 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. 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. 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. 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. He is a senior fellow at Yale Universitys Jackson Institute for Global Affairs, where he teaches a course on leadership. In TMT, he consulted semiconductors manufacturing, strategy, and related Private Equity due diligences, influencing $1-3 billion investments. He has done his Bachelor of Engineering in Information Science and Technology from Bengaluru University. 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. Fractal was founded in 2000 by five graduates from IIM Ahmedabad in Mumbai to help consumers make better decisions using analytics. As you said, everybody wants to invest in data science. Century Insurance he led the Marketing, Advertising, Sales and Actuarial functions for this direct distribution company. A results-oriented, strategic thinker working within the C Suite, Andrea has a distinguished career as a consultant, business advisor, banker, and operating executive. Natwar is the member of the executive team and the Chief Technology Officer at Fractal. He has a deep experience of over two decades across diverse domains of analytics consulting, project management, sales, and marketing. Akhil has also developed subrogation models from unstructured data using text mining algorithms and HPC tools.. He comes with over 16 years of experience in executing and implementing projects in predictive analytics and reporting-enabled solutions. She has experience of IT transformation across multiple industries: banking and finance, telecommunications, manufacturing, health care and government. 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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. If nothing else, we know he is good at math. In his current role as Group Chief Executive, Srikanth leads the Fractal group of companies and is also responsible for the inorganic growth and long-term future of the business. Srikanth is Co-founder and Trustee of Plaksha University, with a strong academic focus on core engineering, AIML and mathematics. All rights reserved. Prior to joining the Table Group Als positions included; program director for credit card security at Kaiser Permanente, director of technology services for Bare Escentuals, and intranet services manager for Robert Half International. 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. Ajoy received his MBA from the Indian Institute of Management (IIM) at Calcutta and Bachelors in Mechanical Engineering from the Indian Institute of Technology (IIT) Delhi. Perhaps it is the mathematical, data-intensive nature of his work that makes him so ordered and precise. His expertise helps build commercial effectiveness, ensuring that customer acquisitions are strategic and profitable with a win-win relationship. Before Senseforth, Ritesh was a VP at Moonraft Innovation Labs, a global design and customer experience company. Ed has a long work history in the Property-Casualty insurance industry. He has over 33 years of experience spanning roles in the Navy, IT (Information Technology) project management, IT security operations, risk management, and National cyber security strategy. Karenann Terrell is the former Chief Digital and Technology Officer for GlaxoSmithKline. When Fractal was $4-5 million in revenue and I thought it was very useful, so I will recommend that. Srikanth: I see opportunities everywhere! where Pdo Thread Lift Procedure How Is It Done Benefits And Side Effects Dr Srikanth V Doctors Circle takes center stage.Our goal is to provide a wealth of information, analysis, and discussion on this captivating subject, to bring together a community of individuals who share a passion for Pdo . Everything is client-centric. Most recently, Campbell retired from Giant Eagle as the President of Supermarkets leading during a time of rapid growth defined by a period of record comp store sales, market share expansion and transformational growth in the e-commerce business. Velamakanni says the next target is to reach $1 billion in 4-5 years. Read More, @Copyright reserved | Terms and condition | Privacy Policy, Alpha, Sector 101, IT City Rd, His passion is to help global clients in their AI transformation journey, incubate and nurture breakthrough ideas, and build high-performance teams. Because more competition means that we have a higher bar to reach. Srikanth Velamakanni co-founded Fractal in February 2000 and is the Group Chief Executive Officer. 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. Akhil has played a significant role in shaping and evangelizing Fractals thinking in data science with clients. AV: You mentioned Fractal wants to invest and scale up in a lot of new areas. Hemant is the founder and CEO of Theremin.ai business that focuses on AI-powered alpha generation for the financial investment markets. As Vice Chair of SSA & Company, a CA portfolio company, founded and oversees their Digital Transformation Practice. As a Senior Vice President at 21. Theres obviously the complexity of data that we have to handle, and the complexity of the systems that we have to handle. Along with working closely with the team at Fractal, Beth currently chairs the Recreational Equipment, Inc, (REI) Board of Directors, as well as, serving as a member of the Board of Directors for Heartisan Foods. She was a Principal at McKinsey & Company, and held senior positions at AXA Financial and New York Life Insurance Company. Over the last 11 years at Fractal, Srikanth has worked with Fortune 1000 companies (in consumer banking, credit cards, retail, telco, insurance and consumer packaged goods industries) in institutionalizing analytics in their organizations to . He leads consulting, solution development using AI, Engineering & Design, P&L management, and practice development. He supports reimaging the business process in a post-AI world and creating products that manifest and embody the future state. He comes with deep technology expertise in Cloud (GCP & AWS), Data Lake, Predictive Analytics, Business Intelligence (BI), Machine Learning (ML), Augmented Intelligence (AI), IoT, Blockchain & RPA in TMT, CPGR, HCLS, BFSI, and Agri-tech. Ritesh heads technology at Senseforth.ai as the Chief Technology Officer and drives the product strategy and technology roadmap. We are a better firm for it. He comes with over 16 years of experience in executing and implementing projects in predictive analytics and reporting-enabled solutions. His answers are precise and, to be honest, a relief for a journalist looking for a clean quote. Vice President Global Client Development. Debs efforts were recognized with the dedication of a Vietnamese School in her honor. 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. Previously, she has also played consulting leadership roles for Fortune 500 companies in the hospitality, insurance, and CPG industries. She has also served on the Stanford Graduate School of Business Advisory Council, as Chair of ACLI, and as a director at ARCH Capital, Catalyst, and The Economic Club of New York. Guha is the product and technology leader for Samya.ai business unit. We have extremely smart people across the country. Guha has previously worked at Grainger, AbsolutData, Volvo, and Ingersoll Rand. Soudip has a Ph.D. in recommender systems and machine learning from the University of Trento, Italy., 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. Ford launches automated driving unit Latitude AI months after winding down Argo, Coders losing jobs to ChatGPT will never happen, says NR Narayana Murthy, Benefits of AI lie in enterprise use cases, says NASSCOM Chairman Krishnan Ramanujam, Invest in high-rated bonds from as low as Rs. 2 Questions. Well, Ive always wanted to have a mentor. Srikanths passion for AI and analytics has made him a thought leader in the space and an admired public speaker. 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 has also worked at MarketsandMarkets, Mu Sigma, IBM, and Daksh. We were in a nascent market and first to start in the analytic space. Ritesh has over two decades of varied experience, conceptualizing, architecting, and building highly scalable B2B/B2C products and applications. He has an MBA from Northwestern University Kellogg School of Management, MMM from Northwestern University Robert R. McCormick School of Engineering and Applied Science and B.E. This email id is not registered with us. Deb was the first woman to serve as Chair of the 23 Country Business Council and advised top government officials including President Barack Obama and Secretary of State Hillary Clinton. Also to create this ecosystem in India and I think contribute to the nation overall because of that. He considers himself a lifelong student of mathematics, behavioural economics, neuroscience and consumer behavior. 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. Her career span covered the industrys major milestones and had the opportunity to work alongside the key architects of the sector in India. So we will continue investing about 15 to 20% of our revenue in building out products and R&D.. Ashwath is a member of the executive leadership team and CFO at Fractal, driving growth with efficient capital allocation. Alongside, he is also focused on simplifying the adoption of AIML on top of the data platforms. Suneet is a Client Partner in APAC Practice, leading our partnership with a HealthTech and Consumer Goods major. We are in a business that has many winners. 0 Posts. In addition, Srikanth is a member of the NASSCOM Executive Council, where he serves as a subject matter expert on data and AI. She is recognized as one of the foremost experts in designing and implementing best in class client experiences leading to increased revenue, better employee engagement and reduced attrition. Prior to joining Apax Partners, Rohan was an Associate at Bain Capital in their North American private equity division in New York, where he specialised in evaluating and executing transactions in the Industrial, Distribution and Retail sectors. Deb had a US State Department Appointment to the Business Council of the Asia-Pacific Economic Cooperation (APEC). 722 Followers. But there are some others, which are probably not like that. He has appreciation towards creating reusable solutions and had co-created an AutoML platform, brAIn.ai, for driving acceleration and standardization in modelling workflows. He is a thought leader, driving business transformation through AI, engineering, and design. Rohit has worked with some of the most admired ASX 20 brands in BFS, insurance (P&C, health), telco, CPG, and aviation. Yash is passionate about combining the power of AI, cloud, and data engineering to improve customer experience and solve clients toughest business challenges. Looking forward to catching up with the Data Leadership network and making some new connections. Dinesh is a Client Partner and member of the APAC leadership team. 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 . (Electronics) from Mumbai University. Miten has over 25 years of technology experience in building and growing partner ecosystems and communities to drive repeatable, scalable, profitable & non-linear growth. Shailendra specializes in guiding enterprises with their GTM strategies, helping them scale, win clients and become successful in the journey. Srikanth Velamakanni is the Co-founder, Group Chief Executive and Executive Vice Chairman of Fractal. Anindya has a keen interest in enabling every human decision from the lenses of AI, engineering, and design. And this fundraise actually helps us in both. Rohan serves as a Director on the Boards of ThoughtWorks, EVRY and GlobalLogic. He has a bachelors degree in commerce from Banaras Hindu University, Varanasi, and a Masters in Business Administration (International Business) from K.J. We help them with collecting their receivables. She has had the opportunity to work across the retail value chain including Merchandising, Supply chain, Store Operations, eCommerce, and Strategy and this helps her bring an operators mindset to helping her clients. Two of the five partners left in circumstances that were said to be less than cordial. His previous experiences include CleverTap, KloudData, Financial Technologies, MCX, InfoSpace, MobileMedia and Qualcomm among others. Rohit has a bachelors in Management from Southern Cross University and a Masters degree in Information Technology from the University of Southern Queensland. Anindya is an expert in solving tough business problems and implementing solutions across the insurance and healthcare value chain using advanced AIML techniques. He has a proven record of leading CPG clients across North America, Latin America, Europe, and APAC. 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. This makes Fractal just the second unicorn of 2022 incredible! Her capabilities include deep knowledge regarding technology engineering and support for global supply chains, merchandising, finance, cyber security and enterprise infrastructure. In 2000, he co-founded with Pranay Agrawal and 3 others, Fractal Analytics, a company operating in U.S., U.K. and India. They became so good in risk management that in 2008, they were the most stable bank, certainly in India from a credit standpoint, because they had such solid mathematical risk models that we had built using analytics and AI predictive models. Before Fractal, Yash has led multiple large engagements in IBM, Mphasis, Wipro, and Ramco Systems. The organization was later acquired by Nielsen. Could you talk more about your journey? 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.