Prithwish has a keen interest in enabling client value realization through the ethical use of data and analytics. A round of discussions within the partners ended in an election to choose a CEO that Velamakanni won unanimously. In his earlier roles, Natwar played a key role in building our CPG practice, founded Fractals data science lab called Fractal Sciences, and incubated Crux Intelligence. But what is analytics, I ask Velamakanni. Vikram is a Client Partner and heads global partnerships and alliances, with a focus on AWS Cloud, NielsenIQ, and Databricks partnerships. So yes, I could have avoided a bunch of different bad things that have happened if I was a better human being, a better leader and made better decisions. Mrunali is interested in building interconnected decision spines in organizations, digitizing decisions with AI & engineering, analytics strategy for CXOs, and high adoption digital culture. But the crisis, says Velamakanni, has left his team stronger. 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. He currently serves on most of the Board of Directors of these companies. He leads consulting, solution development using AI, Engineering & Design, P&L management, and practice development. Yes, I think it (competition) is real. With over 20 years of experience, Satish has deep expertise in strategy, corporate development, corporate financings and investing. We have extremely smart people across the country. This category only includes cookies that ensures basic functionalities and security features of the website. So I do feel like I take very strong personal accountability for everything that's happened, especially the bad things that happened. 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. During his tenure at BT, he completed the UK rollout of the superfast fibre and started the deployment ultrafast fibre. 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. 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. Suneet has consulted clients in the TMT and retail sectors and driven multi-million dollar per annum gains from digitalization in customer-facing and operations functions. He comes with 17 years of experience spanning consulting and business management roles, enabling large organizations to improve business performance through a concerted application of AI, digital technologies, data, and operating model transformations. Prior to this, Mr. Bhatia was with ICICI Ltd from 1990 to 1995 in the Project and Corporate Finance group and worked as Senior Analyst with Crosby Securities from 1995 to 1996. Every minute of this journey has been super fun. He has led several large, multi-year and cross-market analytics engagements, transforming decisions across the portfolio of brands. Srikanth Velamakanni, Fractal Analytics Ltd: Profile and Biography - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Markets The Close Romaine Bostick breaks down the day's top stories. Under his leadership, Fractal has developed several product lines within the company including Cuddle.ai, Eugenie.ai and Qure.ai. We focus on what do our clients need the most. 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 . 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. Founder & Chief Executive Officer, Neal Analytics. You had shared earlier about building the company for 100 years. However, understanding this clash of egos involves going back to the genesis of Fractal Analytics and Velamakannis career moves after business school. 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.. Sandeep comes with over two decades of supply chain domain experience spread across analytics, consulting, and IT in the CPG and retail industry. Another two areas that come to mind are risk capital and risk taking. I wish I was a better CEO that they didn't have to leave. We think true client-centricity is about inventing on behalf of the client.. Rohini is the Chief People Officer at Fractal with over 16 years of multi-functional experience. But we are not reckless with it (money). So it definitely created its own issues. In this latest episode of Figuring Out Podcast, we have Srikanth Velamakanni, Founder of Fractal Analytics and we have discussed:-How AI will replace all the. 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. She is passionate about driving impact at CPG companies by adopting a user-centric approach and implementing analytics that increase both the speed and value of decisions. She was a Principal at McKinsey & Company, and held senior positions at AXA Financial and New York Life Insurance Company. Being public also puts a spotlight on you to behave in a more sustainable way in the long term. I see opportunities everywhere! He likes evangelizing technology and building high-performance teams while continuously delivering value delivery from modern cloud data platforms by applying engineering innovations. 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 100 companies. These are the two key features about what Fractal is building: Thats what really characterizes Fractals approach and strategy. 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. 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. This website uses cookies to improve your experience while you navigate through the website. Please enter your registered email id. Akhil has also developed subrogation models from unstructured data using text mining algorithms and HPC tools. Its a matter of time these things will happen. 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. Co-founder and group chief executive (CEO) Srikanth Velamakanni says he is "investing" and "inventing" on behalf of his clients. Biju is the Chief Evangelist of Fractal and Chairman of FinalMile Consulting. How does it feel and what is next for Fractal? She is passionate about driving impact at CPG companies by adopting a user-centric approach and implementing analytics that increase both the speed and value of decisions. 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. But opting out of some of these cookies may affect your browsing experience. Another is called Invent and Wander by Jeff Bezos and Walter Isaacson. So in that sense, nobody wanted analytics, nobody had analytics, and it was all fine. He is a Google Cloud leader accelerating & scaling non-linear revenue growth through partnerships. He is a recipient of multiple corporate awards and leads large global teams in North America and Asia. He has over 18 years of experience in account management, management consulting, and decision sciences consulting across the US, Japan, APAC, and Europe. Her work has appeared in top-tier publications including Fortune, Bloomberg, and Huffington Post. |View Academic Calendar 2022-23here. She is a business leader and ex-entrepreneur and has previously worked at P&G and Marico brand teams. US-based artificial intelligence (AI) firm Fractal, which becamethesecond unicornin2022with the latest investment of $360 million from private equitycompanyTPG Capital Asia, is notausualcompany. Its what I did. I feel good about where we are and this journey has been great. Since Srikanth co-founded Fractal in 2000, the company has raised more than USD 300 million from institutional private equity investors. 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. Based in London, he is responsible for driving customer success for Fortune 500 clients in the US, UK, and Europe. Like (97) Share. 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. After dinner, as he drops me in his car to the nearest taxi stand, I ask him if he has any regrets. 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. He is a thought leader, driving business transformation through AI, engineering, and design. Miten is a member of the executive leadership and alliance team. Prior to Fractal, Satish held various roles at Sutherland Global, Spark Capital and KPMG. Is it the increasing investor interest the space has seen, or is it driven by other factors? At Fractal, he is playing the new game that is emerging at the intersection of human and machine intelligence. He is a senior fellow at Yale Universitys Jackson Institute for Global Affairs, where he teaches a course on leadership. Could you talk more about your journey? When you turn 23, you don't feel old. While at Kearney, she was awarded their top three Firm Awards for Innovation, Thought Leadership and media visibility. Srikanth Velamakanni Co-founder, Group Chief Executive & Vice-Chairman, Fractal Analytics Dr. Saumya Jetley Faculty, Plaksha University Dr. Aakash Tyagi Professor of Practice at Texas A&M University, Computer Science and Engineering Dr. Vaneet Aggarwal Professor of Industrial Engineering, Purdue University TLP Advisory Board Moreover, he harnessed his expertise in analytics for a more significant impact during the COVID-19 pandemic. 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. Pavan founded a Sequoia-funded startup, Samya.ai, now acquired by Fractal. In his work, he has brought the business side of learnings to the AI world, consulted, and grew global client relationships across retail, CPG, and hospitality industries, and has been a partner to over 25 Fortune 500 enterprises. Moreover, he harnessed his expertise in analytics for a more significant impact during the COVID-19 pandemic. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. She was also the Former Trustee of the Center for Economic Development, in Washington D.C. Andy Walter is a business results-driven professional with extensive experience in strategy, development, execution, and operations across Shared Services and IT. Ashwath is a finance leader with global and multi-market experience with a demonstrated history of business partnership to accelerate growth and improve business performance. Over the course of his career, he has worked at start-ups, an investment bank, a Big 4 firm and in Fortune 500 environments to create, build, and drive strategies for revenue growth, global expansion, enhanced shareholder value, and market leadership. Sumit is a Client Partner and leader in Technology, Media & Entertainment practices. Sangeetha is the Chief Practice Officer for Retail. Sagar has actively worked with NASSCOM, supporting two initiatives: responsible AI framework and unlocking the value from India open government data (data.gov.in). Key skills include leading cultural transformation, change management, talent acquisition, and talent management. He has a keen interest in designing analytics frameworks for solving complex business problems, combining business acumen with applied analytics. 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. From the revenue standpoint, I think the next logical step is to think of $1 billion in about four or five years. Prior to Sky, Dinesh led the analytics portfolio for TalkTalk UK. But I think the next step really is to be a public company. IT firms see this as the future and it's rightly so. So looking at that, what we see is one is end-to-end problem solving for clients. He has over 21 years of experience leading technology teams across cloud engineering, SaaS operations, and product development. She has been quoted in over 300 periodicals globally and appeared on National television in the U.S. and Mumbai Live. He comes with over 15 years of experience spanning roles in CPG consulting, account management, and building global partnerships and strategy. Deb previously served as Chair of the Board at Accupac and on the Board of Directors for Sprint, Staples, and the Singapore Economic Development Board (EDB). By using Analytics Vidhya, you agree to our, Global AI Leader Fractal Becomes Unicorn with US$ 360 Million Investment from TPG, Interview with Industry expert, Mr. Srikanth Velamakanni, CEO, Fractal Analytics Part II. Qualia is a pioneer of cross-device technology with a big-data platform that ingested and processed 1.5 petabytes of data and 100 billion signals, mapped to 600 million devices. It is mandatory to procure user consent prior to running these cookies on your website. 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. Terrell previously served as chief information officer of Baxter International, Inc., where she was responsible for the companys global IT function, supporting businesses worldwide in bio-tech, medical devices and pharmaceuticals and was chief information officer in Daimler Chrysler where she had total technology responsibility for the Chrysler Group and Mercedes-Benz Americas. Hemant is the founder and CEO of Theremin.ai business that focuses on AI-powered alpha generation for the financial investment markets. 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. Passionate about analytics, Dinesh has powered impactful digital initiatives and transformed lab experiments into high-impact customer solutions for client organizations. When I ask Velamakanni about the crisis that was widely reported in the media, his face falls and he goes quiet. Think about it that way. If there werent a publicist waiting for me at Cellini, the excellent Italian restaurant at Mumbais Grand Hyatt, there would be little chance of me identifying Srikanth Velamakanni, the CEO of Fractal Analytics. 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. Recognizing that companies today are experiencing parallels to what he faced in the war theater, McChrystal established this advisory services firm to help businesses challenge the hierarchical, command and control approach to organizational management. He has a keen interest in democratizing data analytics and ML applications. 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.. And most of all, entrepreneurship in India is low-risk entrepreneurship. Dylan is a seasoned technology strategist and consultant with leadership experience in software and analytics solutions using global delivery platforms. Prithwish is a Client Partner for Fractals retail practice. He has played the CTO role for a multi-cloud data offering and was responsible for features, use cases, architecture, and development roadmap. He has played leadership roles in P&L Management, Strategy, Business Development, Operations and New Business start-up. We are looking to add 2000 people in 2022. and we aim to build products across each of these areas of interest. 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. Prior to Fractal, he held senior leadership positions with various notable Fortune 500 organizations and led many large-scale transformations. He has done MS and BE in computer science and MBA from Stern Business School, New York University. He comes with over 18 years of experience in predictive analytics and product development. He has over 25 years of experience that focuses on technology-led disruption in the financial markets. He has a Post Graduate degree in Business Administration from the Indian School of Business (ISB), Hyderabad, India. Amit is a Client Partner and is responsible for the business development and client relationship management in Southeast Asia and the GIC business. Sandeep has a Bachelors degree in technology from Sri Venkateswara University., Chief Practice Officer - Asia Pacific region. Rohit is the leader of ANZ business, responsible for growth, client development, and P&L. I think there is a case to be made for what we call blitz scaling. To fail, get better and grow bigger every day. Only two of the founders remain:Srikanth Velamakanni, group CEO, and Pranay Agrawal, CEO. He has evangelized AI solutions with senior leadership and incubated central analytics hubs at Fractal. The organization was later acquired by Nielsen. He holds the CPCU and ARM designations. Prior to his current role, Abhi served in Senior Leadership roles at Wipro and HCL, where he was responsible for the digital transformation of the Retail business unit by building unique market capabilities and combining them with design and engineering talent at scale. 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. 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. Chetan has worked with TCS, Teradata, BMC Software, Symantec, Vuclip, HSBC in roles including Principal Engineer, Principal Architect, and Senior Director.. Srikanth Velamakanni Co-founder, Group Chief Executive & Vice-Chairman, Fractal Analytics Mumbai, Maharashtra, India 49K followers 500+ connections Join to follow BARC India Indian Institute of. 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. 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. As a Senior Vice President at 21. Akhil has played a significant role in shaping and evangelizing Fractals thinking in data science with clients. Pavan founded a Sequoia-funded startup, Samya.ai, now acquired by Fractal. Prior to Fractal, Manish has worked at UIDAI, Microsoft India, Bharti Airtel, and the Indian Navy. Soudip has nearly two decades of experience spanning product development, research, AI, and enterprise software development roles. Named by Fortune as one of the 50 Most Powerful Women in Business and by Crains New York Business as one of The 50 Most Powerful Women in New York, five times each. In TMT, he consulted semiconductors manufacturing, strategy, and related Private Equity due diligences, influencing $1-3 billion investments. Puneet Bhatia is the Co-Managing Partner for TPG Capital Asia and the head of TPG Capital India. Prior to that, Rohan was a consultant at McKinsey and Co. in India. Very, very smart and capable people. He believes in integrating AI to deliver more ingenious innovations, efficient business execution, and product supply in customer-facing industries. 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. What if an employee saw me?. You can read more about this announcement in our article here. So I don't understand some of those businesses, why they don't make money and how they're building their businesses. Rohit has worked with some of the most admired ASX 20 brands in BFS, insurance (P&C, health), telco, CPG, and aviation. There are some industries like that, for example, payments or food delivery. Over the years, Gaurav has honed his specialization in cross-functional team collaboration across the business and central analytics verticals. Velamakanni obliges. He holds an MBA from the Indian Institute of Management, Ahmedabad (IIMA) and a B. Arch. 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. From a long-term standpoint, we also have been looking at investors who have a longer-term orientation. Deploying these AI models at scale and making sure that theyre deployed in the real world and we are managing and maintaining and scaling them and actually making sure that theyre continuing to work.. 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 100 companies. He has appreciation towards creating reusable solutions and had co-created an AutoML platform, brAIn.ai, for driving acceleration and standardization in modelling workflows. Srikanth Velamakanni's Post Srikanth Velamakanni Co-founder, Group Chief Executive & Vice-Chairman, Fractal Analytics 2mo Report this post . The road to success is not a straight line. She is currently an Independent Director with UBS Bank USA and serves on the Audit & Risk Committees. Before Fractal, he pioneered high-frequency algorithmic trading in India with Getco/KCG. Fractal has done a strategic investment in Analytics Vidhya. He has a keen interest in leveraging AI and big data analytics for creating impact across client organizations. Sankar is a member of the executive leadership team at Fractal and global practice leader for Banking, Insurance, Healthcare & Technology. 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. Gaurav is a Client Partner and head of Trial Run in the business experimentation platform at Fractal. AV: Can you recommend a couple of top books on entrepreneurship for anyone who wants to get started? 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. 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. Many things to do. 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. 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. 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. She has completed her B.Sc. Her passion is people, culture, and building an inclusive workplace. Rohini has previously worked at Jet Airways, Essar Group, and Amrop International. He comes with over 18 years of experience in predictive analytics and product development. Yash is passionate about combining the power of AI, cloud, and data engineering to improve customer experience and solve clients toughest business challenges. We have been investing 10-20 percent of our revenuesin building new products. He has played the CTO role for a multi-cloud data offering and was responsible for features, use cases, architecture, and development roadmap. He is focused on enabling clients on the digital supply chain transformation, enabling data to decisions across supply chain functions, and driving the adoption of analytics solutions. He has deep expertise in machine learning, data engineering, mission-critical applications, and organization-wide strategic transformation initiatives. He is focused on the delivery of delightful customer experiences through the embrace of data and insights coupled with real-time touches . AI. He has previously worked at Infosys, Gartner, Macquarie, and HP. He has completed his BE in electronics and communication engineering from BIT, Mesra. What are your thoughts on being a profitable unicorn, which are so few in India? Mrunali is passionate about ensuring digital programs are set up for success with a design first approach driving high adoption. Prior to joining Fractal, Rasesh was the Offshore Unit Head for a large account, managing over 600 people at Mastek, and a Group Software Manager at Tata Infotech Ltd. (now part of Tata Consultancy Services). 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. Its not just good to be a tool operator, or know how to run a tool or write some code, but you have to actually be able to solve problems.. He leads consulting, design and, delivery of transformative analytics engagements with global clients across industries. 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. He is also the founder of Crux Intelligence and serves on the board of Analytics Vidhya. Pavan is passionate about selling large and complex deals to Fortune 500 clients based in the US and Europe across industries. It has taken off in a very big way in India in the last few years. 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).
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