He has completed his M.Sc and M.Phil in Economics from IGIDR, Mumbai, India. So in that sense, nobody wanted analytics, nobody had analytics, and it was all fine. His leadership of JSOC is credited with the 2003 capture of Saddam Hussein and the 2006 location and killing of Abu Musab al-Zarqawi, the leader of al-Qaeda in Iraq. Theres obviously the complexity of data that we have to handle, and the complexity of the systems that we have to handle. We are looking to add 2000 people in 2022. He has built the development sector practice at FinalMile and led multiple successful endeavors in global health and development across continents, involving health areas like HIV, Reproductive and Maternal Health, Financial Inclusion, Road Safety, Nutrition. We were in a very good place and we suddenly had to take five steps backwards before we moved forward. You started with Indian clients, and moved to the US chasing opportunities. After dinner, as he drops me in his car to the nearest taxi stand, I ask him if he has any regrets. He has a proven record of leading CPG clients across North America, Latin America, Europe, and APAC. Under his leadership, Fractal has developed several product lines within the company, including Cuddle.ai, Eugenie.ai, and Qure.ai. Rasesh received his MBA from NMIMS and Bachelor of Engineering in Electronics from Mumbai University. Get access to exclusive analysis on growth landscape, sectoral view, future Unicorns & more.. He has evangelized AI solutions with senior leadership and incubated central analytics hubs at Fractal. Velamakanni is an intense man. 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. Prior to Fractal, Manish has worked at UIDAI, Microsoft India, Bharti Airtel, and the Indian Navy. He is experienced in Credit Risk Policy & Portfolio Management, Collections Strategy, Underwriting & Fraud Control. He is a Google Cloud leader accelerating & scaling non-linear revenue growth through partnerships. And were trying to see how we can enable them to access AI and really learn the basics of AI and problem solving. Is competition heating up and how will it bode for Fractal? So we moved the business to the US as we realised that very big companies have huge problems that we can solve for them. His dissatisfaction with this traditional paradigm led him to co-found FinalMile Consulting in 2007. Everything is client-centric. Right from the early days we decided we wouldnt appoint one single CEO. He has a Post Graduate degree in Business Administration from the Indian School of Business (ISB), Hyderabad, India. Prior to Fractal, Manish has worked at UIDAI, Microsoft India, Bharti Airtel, and the Indian Navy. Her interests include harnessing data and technology, including artificial intelligence, machine learning, probabilistic modeling, and algorithms for big data, to build innovative businesses. His focus areas are Natural Language Processing, speech recognition, and other technologies at the intersection of human-machine interactions. in Mathematics and MBA from Mumbai University, India. Akhil is the Head of Data Science, North America, with over nine years of experience using mathematical, statistical, and computational tools to solve decision-makingproblems in Consumer Packaged Goods (CPG), retail, insurance, and other industries. All rights reserved. Click here to apply, Co-Founder, Group Chief Executive and Executive Vice Chairman, Fractal. Srikanth: I see opportunities everywhere! He has an MBA from the India Institute of Management (IIM) Ahmedabad, Bachelors in Accounting from Bangalore University, and a Certified Financial Risk Manager from GARP. First, Velamakanni gives me the analogy he uses to explain to students what its all about: Imagine you leave home for office at a certain time everyday. Fractal is a leading player in the artificial intelligence and transformative enterprise decision making space. Prior to Fractal, he held senior leadership positions with various notable Fortune 500 organizations and led many large-scale transformations. 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Shailendra specializes in guiding enterprises with their GTM strategies, helping them scale, win clients and become successful in the journey. Profile . 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). She received a BA from the University of Pennsylvania and majored in Economics. He focuses on the development of new AI products and scalable solutions. He has both led and participated in a number of key deals includingThoughtWorks, Grupo Engineering,EVRY, GlobalLogic, iGATE, Tivit S.A. and Orange Switzerland. Of course, while the example sounds fascinating, Velamakanni, points out, it was very difficult to get any work with their math models in the early days: Companies would look at us and wonder what these young MBAs could do that their own people didnt do or know already. So, little wonder that it took almost a year before Fractal billed its first client. AV: Can you recommend a couple of top books on entrepreneurship for anyone who wants to get started? You might have come across Fractal in the news recently they announced a huge US$ 360 million (~ INR 2700 crores) investment from TPG, a leading global alternative asset firm. He also serves as co-CEO of the Apax Foundation. Part III Interview with Industry expert, Mr. Srikanth Velamakanni, CEO, Fractal Analytics, Senior Consultant- Fractal Analytics, Mumbai (6+ years of experience), Fractal Podcast with Sagar Shah Featuring Suman Giri (MSD), Project Manager CRM Analytics Fractal Analytics Delhi (5+8 years of experience), Interview with Industry expert, Mr. Srikanth Velamakanni, CEO, Fractal Analytics, Overview of Analytics Industry in India (my notes and views), Analytics Lead / Senior Consultant Fractal analytics Gurgaon (2-8 years of experience), Fractal becoming a unicorn with the latest investment round, The role of data engineering at large in the data science ecosystem, Fractals plans for the data science community. Rohit has worked with some of the most admired ASX 20 brands in BFS, insurance (P&C, health), telco, CPG, and aviation. He also has the experience of deploying production-grade big data systems at government/secure facilities for Palantir technologies. Expertise in data platforms and analytics led to unique capabilities for retail in the areas of customer insights, Pharma Genetics/functional genomics analytics which made research discovery and clinical development possible within a significant digital augmentation, as well as broad based use of IoT data for manufacturing and security operational excellence. Amit is the head of Integrated Marketing Effectiveness (IME) capability and a Client Partner at Fractal. Even as you see increased interest in analytics, bigger IT companies are getting into it. So even if any setbacks happened, each of them was a huge learning experience. 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. Deb is married to her husband, Sean, and is mom to three children: Caitlin, Connor, and Shannon. He provides consulting support in analytics and product design for two Personal Lines insurance start-ups. He has over 21 years of experience leading technology teams across cloud engineering, SaaS operations, and product development. Its what I did. 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 . His answers are precise and, to be honest, a relief for a journalist looking for a clean quote. Andrea held other corporate positions as the Assistant Treasurer of the JC Penney Company and Assistant Treasurer of Deutsche Bank. She serves on the Board of Trustees for New York-Presbyterian Hospital, Partnership for New York City, and Chief Executives for Corporate Purpose (CECP). Amit is passionate about delivering strong business value through analytics transformation, driving implementation and adoption, and leading to sustained incremental top-line or bottom-line. So we work backward from what does the industry or the client need, and then work backward from there. So that was the first of its kind in India to use a risk model. Edits. Because more competition means that we have a higher bar to reach. Rohini joined Fractal to set up the Global Talent Acquisition Capability and lead Special Initiatives. I see opportunities everywhere! She has worked with public, private, co-op and private equity companies delivering transformational growth with a proven track record of delivering value creation and customer satisfaction in Canada and the U.S. Beth is known for developing and implementing strategies that leverage innovation and consumer data to grow high performing businesses. Add. She is currently Vice Chair of the Board of Trustees at St. Bonaventure University and serves on the board of Trustees at Syracuse University. Gaurav also brings a wealth of expertise in collaborating with CIOs of CPG and retail organizations to architect AI and advanced analytics solutions for addressing multiple business needs in route-to-market, pricing, demand forecasting, and data management. He has also co-developed two patent solutions in the areas of predictive analytics and resource optimization. Something that has been covered a lot in the media recently as well is entrepreneurship. 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. Like (97) Share. 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. There are some good things and bad things that will happen in anybody's journey. Think about it that way. Shailendra is the Chief Growth Officer at Fractal. She also served as President & Senior Executive Officer of P&Gs $15 billion Asian Business & for P&Gs $15 billion Baby Care Business. This is a tough question for me, he says. 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). Prior to Square, he was VP of Analytics/BI at Disney Interactive Games, and at Playdom, which Disney acquired in 2010, where he used data to help Disney create and market social, mobile, console and MMO games. Previously, Shelly built Samya.ai as the founder and CEO. He also has tremendous multi-cultural experience, having worked across the US, Europe, Middle East and Asia. Let me break down my answer into two parts. He has a keen interest in democratizing data analytics and ML applications. He served on many boards including British Airways plc and as a Trustee at The British Museum and acting as an advisor for many tech start-ups. Als specialty is bringing teams together to work on the key areas of; trust,meaningful conflict, commitment and clarity. I wish I was a better CEO that they didn't have to leave. He believes in building AI products to solve complex real-life problems (e.g., climate change) by changing priorities for people and processes. Prior to Fractal, Sangeetha was the National Operations Transformation and Retail Consulting Leader for Deloitte Canada. But what is analytics, I ask Velamakanni. Guha specializes in helping enterprises future-proof their business processes. So we will continue investing about 15 to 20% of our revenue in building out products and R&D.. He has previously worked with Booz & Co and American Express. In his prior responsibilities at Fractal, he focused on account management and delivery for a leading loyalty firm and was running their analytics CoE from India. |Admissions for TLP Class of 2024 are now open. 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 boldness of vision and the willingness to commit a higher degree of capital would also be useful. E. ventually, youll have to procure the data and create those pipelines, which is one aspect of it. Back Submit. Balraj January 6, 2022. Ritesh has over two decades of varied experience, conceptualizing, architecting, and building highly scalable B2B/B2C products and applications. 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. We feel good about our capability, our ability to win. How much of a setback wasthat? Founder & Chief Executive Officer, Neal Analytics. Pdo Thread Lift Procedure How Is It Done Benefits And Side Effects Dr Srikanth V Doctors Circle. So that's really where we want to be. Ashwath is a member of the executive leadership team and CFO at Fractal, driving growth with efficient capital allocation. Please enter your registered email id. Srikanth co-founded Fractal Analytics in 2000, well before analytics and AI were entire industries. He completed his BE in computer science from the University of Pune, MS in computer science from the University of Maryland, Baltimore County, and MBA from Indian School of Business (ISB), Hyderabad. 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. Pranay has led Fractal in powering every human decision in the enterprise through data and analytics. Akhil has also developed subrogation models from unstructured data using text mining algorithms and HPC tools.. Everything is client-centric. She joined Gupton Marrs from Wachovia Bank, where she led Customer Experience and Loyalty across the enterprise. The first year was pure startup mode, like sleeping in the office type of situation. She has held various global leadership roles at Nielsen, designing & implementing analytics programs for the growth of clients. (Honours) in electrical engineering from the Birla Institute of Technology & Sciences, Pilani. That would have been nice.. He holds the CPCU and ARM designations. 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. The road to success is not a straight line. The only question was if wed make any money selling math to companies.. He is focused on building and managing highly skilled technology teams and orchestrating different functions like product management, delivery, sales, and marketing to successfully deliver world-class products and services. This category only includes cookies that ensures basic functionalities and security features of the website. Velamakanni says that companies outside India were much more open to innovative ideas than Indian ones. And this fundraise actually helps us in both. 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. She is focused on strengthening client relationships, helping them achieve their digital transformation goals. Over several years, leading business journals such as Fortune, Forbes and Business Today have recognized her as one of the Most Powerful Women in Business. Ms. Mulligan is the former Chair, President & CEO of The Guardian Life Insurance Company of America (Guardian) and was a member of the companys Board of Directors. He did his Masters in Industrial Technology from Eastern Michigan University, Michigan, USA. He was also the Chairman of the Bombay chapter of the World Presidents Organisation (WPO). Shashank joined Apax in London in 2004, before moving to India in 2007 to start Apaxs office there. AV: You mentioned Fractal wants to invest and scale up in a lot of new areas. In those early days this was such a new space. He comes with over 27 years of experience spanning building a unicorn, Samya.ai, acquired by Fractal. One of the things that we have done is to create what we call a crossover program, which is to look at the top decile of the tech talent in India. CEO and board member of Crux Intelligence. He likes evangelizing technology and building high-performance teams while continuously delivering value delivery from modern cloud data platforms by applying engineering innovations. Rohan has also been actively involved in portfolio work at NXP Semiconductors. Velamakanni saidback thennobody knew analytics nor did they want it, and it was all fine. Rohan Haldea is a Partner in the Tech & Telco team. 0 Posts. And most of all, entrepreneurship in India is low-risk entrepreneurship. Prior to Fractal, Prashant founded AI-powered personalized digital marketing firm Imagna Analytics which was acquired by Fractal in 2015. Before that, we were curious Fractal started as an Analytics Consulting/services company but has built and invested in several products in the last few years. Can you give us an insight into how this investment accelerates Fractal in its journey? Dipita is a Chief Practice Officer and leads the Consumer Packaged Goods (CPG) global practice at Fractal, designing and implementing transformative solutions for our clients. 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. Nothing else.. Srikanth Velamakanni is the Co-founder, Group Chief Executive and Executive Vice Chairman of Fractal. Previously, Deb was a 30-year executive leader at P&G of which 15 years were in a C-Suite level position. 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. 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. So we have been doing that. You are alreadythesecond unicorn in 2022 and it has been just week one of new year. Dinesh is a Client Partner and member of the APAC leadership team. Srikanth reads an average of 40 non-fiction books a year on the aforementioned subjects. Before that, he led Analytics at Square, where his team used data to help Square manage risk and improve its products and services for businesses and consumers. 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. While the world is laser-focused on data science, there is a HUGE opportunity to upskill and invest in the data engineering aspect. Her main area of expertise is managing complex technology businesses in highly matrixed organizations. He has a bachelors degree in engineering from Bangalore University and a masters in systems and operations from IIT Madras. But recently, we have started to see a huge spike in interest in the data engineering side of things from organizations. Srikanth completed his B.Tech in Electrical Engineering from the Indian Institute of Technology (IIT), Delhi and holds an MBA in Management from the Indian Institute of Management (IIM), Ahmedabad. He considers himself a lifelong student of mathematics, behavioral economics, neuroscience, and consumer behavior. So we work backward from what does the industry or the client need, and then work backward from there. Ed is still active in the business. When we went back to double-check we discovered that these customers really do want to pay their loans. Sumit has co-authored whitepapers, one of which got featured in The Economist: Transforming the content supply chain through AI-driven forecasting of linear viewership and optimization of linear schedules, Enhancing customer experience by bringing together AI, Engineering & Design, Implications of COVID-19 on cable tv & streaming business and Orchestrating enterprise-wide recovery from COVID-19. Yash is passionate about combining the power of AI, cloud, and data engineering to improve customer experience and solve clients toughest business challenges. Analytics is like that. We focus on what do our clients need the most. Now human intuition, Velamakanni explains, is to assume that a history of long periods of delinquency before charge-off means that the borrower is a bad customer. He has previously worked at TCS, Mu Sigma, and MarketsandMarkets. So our goal is to incubate many of these products or invest in some of the products and then let them discover their journey as part of Fractal. We just have to be focused on what we can address. Invest as low as 10,000 and earn better returns than FD, Find safe & high-yielding bonds for your buck. She is passionate on encouraging Diversity at Work and also Women in Technology. Its about building a company from lets say $5 million to a $200 million scale. His deals at Apax include Fractal Analytics, Healthium Medtech, Mannapuram Finance, Zensar Technologies, Shriram City Union Finance, Cholamandalam Finance, GlobalLogic, iGATE, Apollo Hospitals, TIM Hellas, Weather Investments, TDC, Bezeq and Synetrix. Theres obviously the complexity of data that we have to handle, and the complexity of the systems that we have to handle. He comes with over 15 years of experience spanning roles in CPG consulting, account management, and building global partnerships and strategy. She acts as the Co-CEO of the Colonnade Society which provides critical funding for the Lee Institute, a Leadership Institute, and the Duke Mansion. He specializes in scaling strategic client relationships, signing multi-million/multi-year MSAs by building trust, and delivering business impact. Gaurav is a Client Partner and head of Trial Run in the business experimentation platform at Fractal. 113 following. Deb serves on the Board of Directors at publicly held companies including American Eagle Outfitters, Corning Inc., and Meritage Homes. He is a movie buff and loves traveling, particularly to the national parks. 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. Another is called Invent and Wander by Jeff Bezos and Walter Isaacson. Pranay has led Fractal to be one of the most respected analytics companies in the world. He is focused on building and managing highly skilled technology teams and orchestrating different functions like product management, delivery, sales, and marketing to successfully deliver world-class products and services. Fractal employs 3500 people, and is on its way to register $190 million in revenue. are the two key features about what Fractal is building: Extreme orientation towards clients and people, and. Previously, Vijay has worked at Manthan (Algonomy) and in Red Prairie (Now Blue Yonder). With digital acceleration, we are seeing an uncapped demand situation. 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 . We just have to be focused on what we can address. 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. Chetan comes with nearly two decades of experience spanning roles in designing and building data engineering, business intelligence, and analytics solutions.