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. Browse the library of TED talks and speakers, 100+ collections of TED Talks, for curious minds, Go deeper into fascinating topics with original video series from TED, Watch, share and create lessons with TED-Ed, Talks from independently organized local events, Inspiration delivered straight to your inbox, Take part in our events: TED, TEDGlobal and more, Find and attend local, independently organized events, Learn from TED speakers who expand on their world-changing ideas, Recommend speakers, TED Prize recipients, Fellows and more, Rules and resources to help you plan a local TEDx event, Bring TED to the non-English speaking world, Join or support innovators from around the globe, TED Conferences, past, present, and future, Details about TED's world-changing initiatives, Updates from TED and highlights from our global community, Srikanth Velamakanni TEDxNIITUniversity. 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. Akhil has also developed subrogation models from unstructured data using text mining algorithms and HPC tools. 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. And when do you plan to go for the IPO? He is also on the Boards of VIP Industries Limited and KEC International Limited among others. 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. US-based artificial intelligence (AI) firm Fractal, which becamethesecond unicornin2022with the latest investment of $360 million from private equitycompanyTPG Capital Asia, is notausualcompany. Her responsibility for the global Walmart Technology portfolio included both Information Systems Division(ISD) and Global Back Office Solutions. 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. 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. And this fundraise actually helps us in both. Why is the huge focus on going public? It has taken off in a very big way in India in the last few years. Its been quite a journey and theres a lot more to look forward to. We spend about 15 to 20% of our revenue in R&D and creating products so it will help us in accelerating that further. Following. Fractal serves more than 100 Fortune 500 companies with its AI, data and analytics driven business strategies. Currently, Al works regularly with CEOs and executive teams in quickly and effectively applying the concepts captured in all of Pat Lencionis books. 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. Dinesh is a Client Partner and member of the APAC leadership team. Guha specializes in helping enterprises future-proof their business processes. Previously, Vijay has worked at Manthan (Algonomy) and in Red Prairie (Now Blue Yonder). 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. Punjab Prithwish has also worked extensively in primary and secondary sales, BTL marketing campaigns, and supply chain. 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. 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. Srikanth Velamakanni is the Co-founder, Group Chief Executive and Executive Vice Chairman of Fractal. It has taken off in a very big way in India in the last few years. Balraj January 6, 2022. 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. 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. 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. Under his leadership, Fractal has developed several product lines within the company including Cuddle.ai, Eugenie.ai and Qure.ai. 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. I think that that also makes it clear that this is a big space, and it is here to stay. But what is analytics, I ask Velamakanni. Rohini has previously worked at Jet Airways, Essar Group, and Amrop International. And this fundraise actually helps us in both. 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. She has completed her B.Sc. I see opportunities everywhere! Shashank serves on the boards of Fractal Analytics, Healthium Medtech, Zensar and SCUF, and previously served on the boards of GlobalLogic, iGATE Corporation Inc. (Nasdaq: IGTE) and Apollo Hospitals (NSE: APOLLOHOSP), and as Independent Non-Executive Director of Greatship India Limited. Become a Premium member Start free trial. You are alreadythesecond unicorn in 2022 and it has been just week one of new year. She is a member of the board of trustees for the New York Hall of Science, a hands-on science and technology center and has also led Global Councils for Women Leaders at GSK and Walmart and acts as an executive sponsor of Science, Technology, Engineering and Math (STEM) initiatives. Neeraj is a visionary leader who sees technology as a business differentiator and helps healthcare organizations to optimize business outcomes using innovative technology solutions. Since joining Fractal in mid 2017, he has led the $200 million investment from Apax Partners, the acquisitions of 4i and Final Mile, Samya.ai, Zerogons (Streamflux); the strategic investments in Senseforth.ai and Analytics Vidhya; a minority investment in Rx.Health; and the external equity financings and spin outs of Qure.ai and Theremin.ai. Bloomberg Law speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. Rohit has worked with some of the most admired ASX 20 brands in BFS, insurance (P&C, health), telco, CPG, and aviation. It is mandatory to procure user consent prior to running these cookies on your website. Srikanth Velamakanni, group CEO of US-based artificial intelligence firm Fractal. His career spans Wall Street in New York and Indian markets in Mumbai. Vice President Global Client Development. Hemant is the founder and CEO of Theremin.ai business that focuses on AI-powered alpha generation for the financial investment markets. 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 . Can you give us an insight into how this investment accelerates Fractal in its journey? Yes. Deb is an advocate for the health & education of children. He was appointed as the President of Consumer Electronics & TV Manufacturer Association (CETMA) for two consecutive years in 1992 & 1994. Universidade Presbiteriana Mackenzie Alumni Founded Companies, University of Central Florida Alumni Founded Companies, Monmouth University Alumni Founded Companies, Open University of Israel Alumni Founded Companies, ESSEC Business School Alumni Founded Companies, Charles Sturt University Alumni Founded Companies, University of Iceland Alumni Founded Companies, University of Baltimore Alumni Founded Companies, Clark University Alumni Founded Companies, Number of Organizations that the person founded, Algorithmic rank assigned to the top 100,000 most active People, The organization associated to the person's primary job, Where the person is located (e.g. 100 companies. She has a Masters in Management and Policy from the University of StonyBrook, the USA, and a BTech in Engineering from IIT Kharagpur, India. While the world is laser-focused on data science, there is a HUGE opportunity to upskill and invest in the data engineering aspect. Vivek was born, grew up and raised in India and has an MBA from the Indian Institute of Management (IIM), Calcutta where he was an Aditya Birla Scholar, and B.E. Prithwish is a Client Partner for Fractals retail practice. Arpan is the chief practice officer for Financial Services, Telecom and Digital. Her expertise spans marketing, revenue growth, digital commerce, innovation, consumer and demand analytics. 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). This button displays the currently selected search type. Als specialty is bringing teams together to work on the key areas of; trust,meaningful conflict, commitment and clarity. 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. Fractal has done a strategic investment in Analytics Vidhya. Read More, @Copyright reserved | Terms and condition | Privacy Policy, Alpha, Sector 101, IT City Rd, He has a keen interest in democratizing data analytics and ML applications. CISP, Lead Auditor.. Reproduction of news articles, photos, videos or any other content in whole or in part in any form Fractal Analytics Co-Founder, Group Chief Executive and Vice Chairman Feb 9, 2000 Related Hubs Education Srikanth Velamakanni studied at Indian Institute of Technology Delhi and Indian Institute of Management (IIM) Ahmedabad. As Vice Chair of SSA & Company, a CA portfolio company, founded and oversees their Digital Transformation Practice. Companies will be more profitable, productive, customer-centric, and secure, because they have used analytics and AI to power those decisions. Over the years, Gaurav has honed his specialization in cross-functional team collaboration across the business and central analytics verticals. Only when you're truly public can you have permanent capital, and that's when you can build it for the really long term. However, understanding this clash of egos involves going back to the genesis of Fractal Analytics and Velamakannis career moves after business school. He did his Masters in Industrial Technology from Eastern Michigan University, Michigan, USA. Sumit holds an MBA in Finance from Narsee Monjee Institute of Management Studies (NMIMS), Mumbai. AV: You mentioned that India has everything to be the AI destination for the world and upskilling is obviously one of the areas. 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. Before that move, she was a Partner with Kearney, running the Business Process Offshoring Practice globally. 140306, B.Tech in Computer Science & Artificial Intelligence, B.Tech in Robotics & Cyber-Physical Systems, B.Tech in Data Science, Economics & Business, B.Tech in Data Science, Economics and Business. In 1998, Velamakanni joined ANZ Investment Bank from business school in the structured debt department. Europe, Menlo Park, China), Where the person is located (e.g. 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. That would have been nice.. You also have the option to opt-out of these cookies. But the crisis, says Velamakanni, has left his team stronger. He has a passion for coaching directors and teams, as well as a reputation for connecting with both senior business and technical leaders. This category only includes cookies that ensures basic functionalities and security features of the website. A passionate advocate for national service, McChrystal is the Chair of the Board of Service Year Alliance, which envisions a future in which a service year is a cultural expectation and common opportunity for every young American. How to Read and Write With CSV Files in Python:.. He is a Google Cloud leader accelerating & scaling non-linear revenue growth through partnerships. She has also done her Masters in Science from the Claremont Graduate University. Sagar has actively worked with NASSCOM, supporting two initiatives: responsible AI framework and unlocking the value from India open government data (data.gov.in). 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. I think there is a case to be made for what we call blitz scaling. But then, if not that, something else would have happened. His passion is to help global clients in their AI transformation journey, incubate and nurture breakthrough ideas, and build high-performance teams. He has also worked at MarketsandMarkets, Mu Sigma, IBM, and Daksh. Miten has proven expertise in building digital-tech and SaaS business and scaling it globally leveraging partner ecosystem and distribution network to reduce CAC and churn, expand margins and increase ACV & ARR. He has evangelized AI solutions with senior leadership and incubated central analytics hubs at Fractal. Then you use that information to change your schedule when you want to. Yet, at 34, Velamakanni is chief executive of one of Indias top analytics firms (more on the fine art that is analytics later). Since Srikanth co-founded Fractal in 2000, the company has raised more than USD 300 million from institutional private equity investors. E. ventually, youll have to procure the data and create those pipelines, which is one aspect of it. And weve seen in the last decade that data science is everywhere. 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. Current positions of Srikanth Velamakanni. Sagar is amongst the early Fractal members driving 100X growth over 14 years. This is a tough question for me, he says. We should have been more ambitious and taken bigger risks!. Chetan comes with nearly two decades of experience spanning roles in designing and building data engineering, business intelligence, and analytics solutions. He has played the CTO role for a multi-cloud data offering and was responsible for features, use cases, architecture, and development roadmap. He also has the experience of deploying production-grade big data systems at government/secure facilities for Palantir technologies. But as far as Fractal is concerned, this is not a blitz-scaling business and that mindset doesn't apply to us. She also incubated the Wellbeing function at Fractal and gave shape to the firms charter on diversity and inclusion. His previous experiences include CleverTap, KloudData, Financial Technologies, MCX, InfoSpace, MobileMedia and Qualcomm among others. He has worked in the US, Europe and India Geographies and has managed extended sales and delivery teams in these regions. Fractal is a leading player in the artificial intelligence and transformative enterprise decision making space. Srikanth: I see opportunities everywhere! 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. This is also one of the reasons for the investment. 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. We are much better positioned to handle problems because of that. Velamakanni only shifted back to India in May 2007 from the US. He has extensive experience working in the technology space within the retail domain, across customer experience platforms, CMPs, merchandising, and vendor and supply chain management. Her expertise spans marketing, revenue growth, digital commerce, innovation, consumer and demand analytics. With increasing demand, are you stepping up hiring as well from 3500 employees? His expertise helps build commercial effectiveness, ensuring that customer acquisitions are strategic and profitable with a win-win relationship. One I would mention is a book called the Breakthrough Company. He has a bachelors degree in engineering from Bangalore University and a masters in systems and operations from IIT Madras. That's how we visualise our success. 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. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 30 Best Data Science Books to Read in 2023. Something that has been covered a lot in the media recently as well is entrepreneurship. Her main area of expertise is managing complex technology businesses in highly matrixed organizations. Nothing else.. Mrunali is interested in building interconnected decision spines in organizations, digitizing decisions with AI & engineering, analytics strategy for CXOs, and high adoption digital culture. She was previously named one of the 100 Most Influential Women in the Automotive Business by Automotive News, outstanding engineer at Kettering and Purdue University, where she earned bachelors masters degrees, respectively, in electrical engineering. Read More. At Fractal, Shelly is focused on building new geography, helping in the acquisition and growth of the select practice, and contributing towards the billion-dollar revenue company across services businesses. If nothing else, we know he is good at math. Ed has a long work history in the Property-Casualty insurance industry. He has over 18 years of experience in account management, management consulting, and decision sciences consulting across the US, Japan, APAC, and Europe. AI. Pavan founded a Sequoia-funded startup, Samya.ai, now acquired by Fractal. 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. This talk was presented to a local audience at TEDxNIITUniversity, an independent event. Vijay is the head of AWS practice and a retail tech leader. Brilliant work by my colleagues Karen Shackleton and Cameron Turner with support from Redington. And most of all, entrepreneurship in India is low-risk entrepreneurship. 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 So I'm looking forward to what's next. The good news is that we do good work and clients pay. This included all eBusiness, Consumer Services, BI/Analytics, Sales Force Solutions, Project Delivery, Business Process Services, and A&D / Company restructuring efforts. 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. General McChrystal founded the McChrystal Group in January 2011. Mrunali is passionate about ensuring digital programs are set up for success with a design first approach driving high adoption. Key skills include leading cultural transformation, change management, talent acquisition, and talent management. India employs four and a half million people. Velamakanni says that companies outside India were much more open to innovative ideas than Indian ones. She is also an Advisory Committee Member to one of the Worlds largest Consulting Firms (1 of 4 members). Everything is client-centric. The first year was pure startup mode, like sleeping in the office type of situation. Rasesh received his MBA from NMIMS and Bachelor of Engineering in Electronics from Mumbai University. He led and scaled the retail vertical by partnering and building strategic relationships with key US, Europe, and Asia clients. He has over 25 years of experience that focuses on technology-led disruption in the financial markets. 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. Faculty come from institutions such as MIT, Stanford, Cornell, University of Cambridge, NTU Singapore, IIT, IISc among others. He has a keen interest in designing analytics frameworks for solving complex business problems, combining business acumen with applied analytics. He believes in building AI products to solve complex real-life problems (e.g., climate change) by changing priorities for people and processes. He is a BTech in Mechanical Engineering from the College of Engineering, Trivandrum, and an MBA in Marketing and Human Resources Development from Xavier Institute of Management, Bhubaneswar. 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. 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. Pavan is a growth leader for new industries and geographies, across all services and product businesses. Deb currently has a Singapore Government Appointment to the Health & Bio-Medical International Advisory Council and a US appointment to Pacific Economic Cooperation Council a network of member committees promoting trade and cooperation across the Asia Pacific Region. 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.