In geometry or nature, a fractal is a never-ending, self-similar pattern. 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. DBC LLC has advised clients in ecommerce, mobile gaming, streaming audio, healthcare, and IoT on driving more value with their data. Soudip has nearly two decades of experience spanning product development, research, AI, and enterprise software development roles. Srikanth Velamakanni - Biography Srikanth Velamakanni is the Co-founder, Group Chief Executive and Executive Vice Chairman of Fractal. 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 an active speaker at conferences and LinkedIn live sessions. Yash is passionate about combining the power of AI, cloud, and data engineering to improve customer experience and solve clients toughest business challenges. India is a highly math-oriented country and we produce a ton of engineers every year. Fractal is a leading player in the artificial intelligence and transformative enterprise decision making space. But on the whole, if you look at it, I feel like this is good. Ram has several published papers in academic journals and is a regular speaker at conferences. 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). Combining learning from Neuroscience, Behavioral Economics, and Design pioneered the practice of Behavior Architecture. Deb is an advocate for the health & education of children. in Mathematics and MBA from Mumbai University, India. Interview with Srikanth Velamakanni - Fractal Analytics. He is currently building Eugenie, an enterprise AI-SaaS platform for operational intelligence. 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. The good news is that we do good work and clients pay. Its about building a company from lets say $5 million to a $200 million scale. Neeraj is a visionary leader who sees technology as a business differentiator and helps healthcare organizations to optimize business outcomes using innovative technology solutions. 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. She was formerly on the Boards of Cincinnati Childrens Hospital and Xavier University. And that is the attraction. Anindya has a keen interest in enabling every human decision from the lenses of AI, engineering, and design. Prior to Fractal, Amit worked at Kotak Mahindra Bank across business development and product management roles and at Cedar Management Consulting. His expertise helps build commercial effectiveness, ensuring that customer acquisitions are strategic and profitable with a win-win relationship. Natwar is the member of the executive team and the Chief Technology Officer at Fractal. Perhaps it is the mathematical, data-intensive nature of his work that makes him so ordered and precise. Bullish about growth, it has plans to hire 2000 people this year. There is a lot to think about and learn from Srikanth and hence we are publishing this interview for our community. He has led several data science activities for Fractals AI products and accelerators. 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. Srikanth Velamakanni - Wadhwani AI He is a recipient of multiple corporate awards and leads large global teams in North America and Asia. He is keen on delivering insights at scale by bringing in the relevant data to power AIML and democratize consumption. Srikanth: Thats a tough one! It has taken off in a very big way in India in the last few years. Looking forward to building a great organization that's "Net Positive" and serves all stakeholders and the world at large. Kathy is published in industry-leading publications, including Forbes, Ad Age, Ad Week, eMarketer, CMO.com, MediaPost, Business Insider, Tech Crunch, GigaOM, Mobile Marketer, Venture Beat, and Internet Retailer. We have been profitable throughout and generating cash from the early 2000s. Srikanth Velamakanni: AI | TED Talk 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. But AI is such a large and nascent space that there are many victories to be had. 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. 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. Srikanth is Co-founder and Trustee of Plaksha University, with a strong academic focus on core engineering, AIML and mathematics. 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. As Jeff Bezos keeps saying, if you're really client-centric, then you have to invent on behalf of your clients. Srikanth co-founded Fractal Analytics in 2000, well before analytics and AI were entire industries. Before Fractal, he has worked with McKinsey and Co., REC, and Mu Sigma. He has a keen interest in building next-generation AI systems that scale for real-world impact. Biju is the Chief Evangelist of Fractal and Chairman of FinalMile Consulting. Srikanth Velamakanni on LinkedIn: Tech & Leadership Forum: Fractal 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. Anindya is a Client Partner and offshore delivery lead in the insurance and healthcare practice. Gaurav is driven by the power of AI and analytics, developing products enabling enterprises to draw accelerated value from their data assets. Soudip has a keen interest in using AI for good. However, understanding this clash of egos involves going back to the genesis of Fractal Analytics and Velamakannis career moves after business school. Dave received his BA and Ph.D (Physics) degrees from UC Berkeley and his MBA degree from the Haas School of Business. He has done MS and BE in computer science and MBA from Stern Business School, New York University. Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley. Rohit has worked with some of the most admired ASX 20 brands in BFS, insurance (P&C, health), telco, CPG, and aviation. Name. He has over 18 years of global work experience across the practices of Retail, Telecoms, Media, and Health Tech. This is so special. His previous experiences include CleverTap, KloudData, Financial Technologies, MCX, InfoSpace, MobileMedia and Qualcomm among others. Soudip has a keen interest in using AI for good. Srikanth Velamakanni Born: 16 February 1974 Education: Bachelor of engineering, IIT Delhi; MBA, IIM Ahmedabad Current Designation: Chief executive officer and co-founder Work Profile: Joined ANZ Investment Bank in 1998 and then moved to ICICI Bank before setting up Fractal in February 2000 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. Rohit has a bachelors in Management from Southern Cross University and a Masters degree in Information Technology from the University of Southern Queensland. He combines his Wharton MBA with executive training from Harvard and Stanford. He has a keen interest in user behavior analytics, fraud detection, investigations & prevention, and threat hunting. He also leads a few of our strategic client relationships globally and heads our Gurgaon office. Honestly, I don't feel that those make sense to me. Another two areas that come to mind are risk capital and risk taking. There are some industries like that, for example, payments or food delivery. Not many survived, and they all have morphed into something else or sold their business. roup Chief Executive & Vice-Chairman at Fractal. 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. Vikram has a keen interest in using analytics and artificial intelligence to solve complex business problems and analyze structured and unstructured data assets. AV: Thats super interesting and well circle back to the engineering aspect in a moment. As Fractal turns 23, I am about to reach the point where I have spent half my life | 20 comments on LinkedIn She has been working on various initiatives to encourage STEM education for girls. are the two key features about what Fractal is building: Extreme orientation towards clients and people, and. He believes in building AI products to solve complex real-life problems (e.g., climate change) by changing priorities for people and processes. Ritesh is passionate about Senseforths mission to make technology human-like. He is a movie buff and loves traveling, particularly to the national parks. Last year, I was on tour for 200 days. Rasesh received his MBA from NMIMS and Bachelor of Engineering in Electronics from Mumbai University. Her interests include harnessing data and technology, including artificial intelligence, machine learning, probabilistic modeling, and algorithms for big data, to build innovative businesses. 113 following. We focus on what do our clients need the most. Ever since, he has been serving as a pro bono Technology Advisor & Consultant for the Government of Karnataka Forest Department, delivering data-driven solutions for the conservation of forests and environment sustainability. Ed has a long work history in the Property-Casualty insurance industry. 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. Sumit holds an MBA in Finance from Narsee Monjee Institute of Management Studies (NMIMS), Mumbai. He also guides solution design and client value realization for insurance and healthcare practices. She has completed her B.Sc. He has also co-developed two patent solutions in the areas of predictive analytics and resource optimization. 0 Posts. Also any private equity player has a horizon, some have longer, and others shorter. She has held various global leadership roles at Nielsen, designing & implementing analytics programs for the growth of clients. 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. It was also while at ICICI Bank that Velamakanni and CBO-buddy Agarwalboth deeply involved in financial math in their jobsdecided that there was potential to use math to help businesses such as banking do better. It means that not only do we bring smart algorithms, but we bring in great engineering and a great human centered behavioral sciences and design.. Fractals mission is to power every human decision in the enterprise and to use the power of AI to help the worlds most admired Fortune. We focus on what do our clients need the most. Abhishek (Abhi) Yadav is a part of the senior leadership team at Fractal. Fractal is a leading player in the artificial intelligence and transformative enterprise decision making space. Based in London, he is responsible for driving customer success for Fortune 500 clients in the US, UK, and Europe. Now AI is everywhere, and it is just powering our lives in a very significant way, like improving the video quality of this call. San Francisco Bay Area, Silicon Valley), Total number of current Jobs the person has, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Number of news articles that reference the Person, Co-Founder, Group Chief Executive and Vice Chairman, Indian Institute of Management (IIM) Ahmedabad, Analytics, automation startups gain as firms look to cut costs due to covid hit, Karnataka introduces Covid-19 tracking platform built by Nasscom, Interview: Srikanth Velamakanni, Co-Founder, Fractal Analytics, Healthcare AI Firm Qure.ai Raises $16M to Expand into New Markets, How Fractals Trial Run uses AWS to power AI-based decision-making, Q&A: Fractal Analytics Co-Founder on Decision-Making and AI, Apax Funds invests $200 million in Fractal Analytics, Young millennials are snacking on careers, Fractal Analytics Humanizes AI: Acquires Behavioral Architecture Firm Final Mile. His previous experiences include CleverTap, KloudData, Financial Technologies, MCX, InfoSpace, MobileMedia and Qualcomm among others. We pause briefly while I bite into a tomato-mozzarella salad and Velamakanni sips his Red Bullonce during a holiday in Europe, Velamakanni and his wife drove past millionaire Red Bull owner Dietrich Mateschitzs house: His story was quite an inspiration! Velamakanni says pointing at the ubiquitous blue and silver can. Previously, Shelly built Samya.ai as the founder and CEO. 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. 100 companies. She is focused on strengthening client relationships, helping them achieve their digital transformation goals. He believes in building AI products to solve complex real-life problems (e.g., climate change) by changing priorities for people and processes. But we are in no hurry, either. Sumit is a Client Partner and leader in Technology, Media & Entertainment practices. 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. He has over 15 years working on Boards and in Board level advisory roles. Mrunali leads the Consumer Packaged Goods (CPG) global practice at Fractal. Then, HDFC Bank was another big success. 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 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 created and been involved in over 7 investments totaling over $1.2Bn including Fractal Analytics and Jio Platforms at TPG. Chetan is an engineering leader responsible for establishing and growing the Google Cloud practice at Fractal. Over the years, Gaurav has honed his specialization in cross-functional team collaboration across the business and central analytics verticals. This makes Fractal just the second unicorn of 2022 incredible! He comes with over 18 years of experience in predictive analytics and product development. 722 Followers. A move to ICICI Banks structured products group followeddue to lifestyle issuesand this is where Srikanth and Pranay Agarwal, eventually a co-founder at Fractal, worked on Indias first collateralized bond obligation (CBO) in 1999. Dinesh is a Client Partner and member of the APAC leadership team. Get access to exclusive analysis on growth landscape, sectoral view, future Unicorns & more.. Suraj comes with extensive experience in the areas of AI and engineering and has incubated several innovative capabilities, delivering value with the use of cutting-edge AI and engineering. We have extremely smart people across the country. 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.. So we will continue investing about 15 to 20% of our revenue in building out products and R&D.. Deb serves on the Board of Directors at publicly held companies including American Eagle Outfitters, Corning Inc., and Meritage Homes. Chetan has worked with TCS, Teradata, BMC Software, Symantec, Vuclip, HSBC in roles including Principal Engineer, Principal Architect, and Senior Director.. Prior to Wachovia, she was a part of the CEOs Office of Bearing Point, the former KPMG Consulting. 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. Under his leadership, Fractal has developed several product lines within the company, including. Rohan serves as a Director on the Boards of ThoughtWorks, EVRY and GlobalLogic. He has a Post Graduate degree in Business Administration from the Indian School of Business (ISB), Hyderabad, India. Al brings extensive experience from the information technology field as a director of numerous enterprise implementations as well as over two decades of keynote speaking, communication training, teaching, coaching and facilitating. Invest as low as 10,000 and earn better returns than FD, Find safe & high-yielding bonds for your buck. |Admissions for TLP Class of 2024 are now open. Vivek Mohan is a Principal at TPG Capital Asia based in Mumbai. Deb is a thought leader on topics including leadership, digital transformation, and diversity. Somaiya, Mumbai.. Previously, Shelly built Samya.ai as the founder and CEO. Since retiring from the military, McChrystal has served on several corporate boards of directors, that include Deutsche Bank America, JetBlue Airways, Navistar, Siemens Government Technologies, Fiscal Note, and Accent Technologies. Ed has a long work history in the Property-Casualty insurance industry. 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. And this fundraise actually helps us in both. We spend about 15 to 20% of our revenue in R&D and creating products so it will help us in accelerating that further. Amit has over two decades of experience spanning business development, consulting, and delivery. Ashwath is a member of the executive leadership team and CFO at Fractal, driving growth with efficient capital allocation. He has worked globally, with significant exposure to North America, Europe, Singapore, and Australia. Prior to that, Rohan was a consultant at McKinsey and Co. in India. AV: You mentioned earlier that engineering also plays a big part in your thought process in this investment. 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 is a movie buff and loves traveling, particularly to the national parks. They were much better potential clients than guys who just bought the car rashly and gave it up as soon as they couldnt pay.. Chief Practice Officer - Banking, Insurance, Healthcare & Technology. He has a keen interest in designing experiments in business applications, ML at big data scale, optimization methods, unsupervised learning methods, entityresolution. She is also the Wall Street Journal bestselling author of Hire Purpose: How Smart Companies Can Close the Skills Gap. Analytics is like that. And at this point in time, Fractal is not over-indexed in these areas and we would like to be. 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. Ajoy leads engagement delivery and heads capabilities development for Customer & Loyalty Analytics, Integrated Marketing Effectiveness, Artificial Intelligence and Machine Learning, Big Data & Visualization. She has a BS in Business Admin & Management from the University of Southern California. Srikanth: Absolutely! Deb authors a blog: Run2Digital. 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. 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.. Srikanth Velamakanni is the Co-Founder, Group Chief Executive and Vice Chairman at Fractal Analytics. 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. He comes with over 15 years of experience spanning roles in CPG consulting, account management, and building global partnerships and strategy. Ever since, he has been serving as a pro bono Technology Advisor & Consultant for the Government of Karnataka Forest Department, delivering data-driven solutions for the conservation of forests and environment sustainability. 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. Further, he developed real-time bidding algorithms using Bayesian Optimization and other Machine Learning (ML) methods for a Fortune 50 CPG company. With over 20 years of experience, Satish has deep expertise in strategy, corporate development, corporate financings and investing. He has played the CTO role for a multi-cloud data offering and was responsible for features, use cases, architecture, and development roadmap. Founder & Trustee - Srikanth Velamakanni | Plaksha University Shailendra is the Chief Growth Officer at Fractal. Rohan holds an MBA from the Harvard Business School and a Bachelor of Technology in Manufacturing Sciences and Engineering from the Indian Institute of Technology, New Delhi. Sahibzada Ajit Singh Nagar,
Previously, she has also played consulting leadership roles for Fortune 500 companies in the hospitality, insurance, and CPG industries. So that was the first of its kind in India to use a risk model. Click here to apply | Admissions for summer program - YTS - are open. Rohan joined Apax in 2007 and is based in the London office. You not only had the challenge of starting early, but also had to face two of your co-founders leaving the companyon bitter terms in 2007, and losing a key client General Motors. She has a keen interest in using AIML and analytics to drive people decisions that impact employees through their career journey within the organization. Is it the increasing investor interest the space has seen, or is it driven by other factors? In addition to her Board roles, Andrea most recently was a Managing Director with Gupton Marrs International, a boutique consulting firm of former KPMG Partners focusing on Governance, Risk, Compliance, and Reporting. His career spans Wall Street in New York and Indian markets in Mumbai. He comes with a keen interest in driving organizations closer towards cognitive technologies in day-to-day operations and unlocking large capacity for growth using the power of AI, Engineering, and Design. 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. He further has the experience of building AI systems for cancer research for Celera Genomics, Mayo clinic, Correlogic systems, and others. Prior to Salesforce, Patterson served as Chief Executive of BT Group from 2013-19 and a board director from 2008-19. We just have to be focused on what we can address. He led and scaled the retail vertical by partnering and building strategic relationships with key US, Europe, and Asia clients. We see opportunities in a number of places geographically as well. Deb had a US State Department Appointment to the Business Council of the Asia-Pacific Economic Cooperation (APEC). We should have been more ambitious and taken bigger risks!. Can you give us an insight into how this investment accelerates Fractal in its journey? But as far as Fractal is concerned, this is not a blitz-scaling business and that mindset doesn't apply to us. Mrunali has over 25 years of experience in the CPG industry, leading brand P&L, marketing insights, analytics operations, and client 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. Many things to do. He has a keen interest in designing analytics frameworks for solving complex business problems, combining business acumen with applied analytics. Only two of the founders remain:Srikanth Velamakanni, group CEO, and Pranay Agrawal, CEO. Manish has the expertise in building and implementing IT security strategy, gap assessment and risk mitigation, and the transformation of operations. We were all equal partners and were equally involved in the business., It was a year ago that this harmonious arrangement began to show cracks.