We are a better firm for it. It has taken 21 years to reach $1 billion, whereas some companies have been able to do that in 6 months. Like (97) Share. When she ushers him to my table, I note that Velamakanni looks not a day older than a fresh-faced 21-year-old engineering graduate. This makes Fractal just the second unicorn of 2022 incredible! 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. Something that has been covered a lot in the media recently as well is entrepreneurship. Edits. Akhil has played a significant role in shaping and evangelizing Fractals thinking in data science with clients. He has played the CTO role for a multi-cloud data offering and was responsible for features, use cases, architecture, and development roadmap. She was also the founder of Dstillery, a Social Targeting company. We are in a business that has many winners. 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). He has a bachelors degree in commerce from Banaras Hindu University, Varanasi, and a Masters in Business Administration (International Business) from K.J. 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. Fractal is a leading player in the artificial intelligence and transformative enterprise decision making space. What if an employee saw me?. Sandeep has close to 24 years of global experience spanning IT, BPO and E-Business with companies like Mphasis, TCS, HP and Wipro. Neelam is currently a Non-Executive Director at ICICI Bank Limited, Capita PLC and Yatra Online Inc. She is also the Chairperson of Capillary Technologies, a young startup. He has done a Masters in Finance and Marketing from The Chartered Financial Analysts of India and a Bachelor in Business Management from Bangalore University. Prior to Fractal, Bhaskar was in leadership positions with Target (Enterprise Risk Minneapolis and Bangalore), Accenture Digital (Customer Analytics), and Genpact (Lead Consultant Financial Services).. Happy learning! Co-founder and group chief executive (CEO) Srikanth Velamakanni says he is "investing" and "inventing" on behalf of his clients. 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. Fractal employs 3500 people, and is on its way to register $190 million in revenue. He has over 15 years working on Boards and in Board level advisory roles. Before Fractal, Gaurav worked at Tech Mahindra, Schindler Elevators, and ABB. Founder of Fractal Analytics, Inc. and Fractal Analytics Pvt Ltd., Srikanth Velamakanni currently occupies the position of Chairman of ideaForge Technology Ltd. and Executive Vice Chairman & Group CEO at Fractal Analytics, Inc., Executive Vice Chairman & Chief Executive Officer at Fractal Analytics Pvt Ltd. (a subsidiary of Fractal Analytics, Inc.). Srikanth Velamakanni - Biography Current positions of Srikanth Velamakanni. He served as CEO of Fractal Analytics from 2006 to 2016. Dipita founded The Modeling Group, an analytics consulting firm helping Fortune 500 CPG companies allocate marketing and trade promotion resources to drive profitable growth. 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, Management Inspiration:Velamakanni and his partners try to pick up and implement policies from other top firms. 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. With his expertise, he helps enterprises drive better decisions with the right strategy and problem-solving approach, leveraging the power of AI and the Cloud. He is a regular speaker at various industry forums, including the National Retail Federation. Its an AI-led demand forecasting product aimed at the CPG industry. 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.. You also have the option to opt-out of these cookies. Al has led numerous technical teams in the UK, India, China, Japan, Germany, and Latin America. Let me break down my answer into two parts. 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. He has previously worked at TCS, Mu Sigma, and MarketsandMarkets. Deb serves as a Senior Advisor to Omni Bioceutical Innovations and a portfolio of tech start-up/scale-up companies including Fractal Analytics, Nuvo, and Innovaccer. So I don't understand some of those businesses, why they don't make money and how they're building their businesses. Sagar is amongst the early Fractal members driving 100X growth over 14 years. Prior to Fractal, Amit worked at Kotak Mahindra Bank across business development and product management roles and at Cedar Management Consulting. 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. As I said, we see opportunities in a number of different places. Dylan has a keen interest in the evolution and automation of work and workflows through the convergence of data, AI, apps, insights, and automation. Beth is recognized for building and leading high-performance cultures that value people and unleash their true potential to drive results. She began her career with General Motors as an electrical engineer, where her responsibilities included manufacturing and product engineering for the Chevrolet and Cadillac brands as well as the Onstar division. He was also responsible for consummating some of GE Capitals joint ventures in India. Only two of the founders remain:Srikanth Velamakanni, group CEO, and Pranay Agrawal, CEO. So we realised very early on that what we are doing is making a huge difference to the world, and we just have to wait for our time to come. Srikanth Velamakanni - indiaai.gov.in 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. She has worked across a range of industries such as Consulting Services, Aviation, Manufacturing & Retail. We see opportunities in a number of places geographically as well. Amit is an SME in the areas of omnichannel marketing optimization, price-n-promo strategy, trade fund optimization, brand positioning and communication strategy, customer analytics and consumer behavior. Reporters from Bloomberg's Washington, D.C. bureau are prominently featured as they offer analysis of policy and legal issues. Her responsibility for the global Walmart Technology portfolio included both Information Systems Division(ISD) and Global Back Office Solutions. His expertise helps build commercial effectiveness, ensuring that customer acquisitions are strategic and profitable with a win-win relationship. Further, he developed real-time bidding algorithms using Bayesian Optimization and other Machine Learning (ML) methods for a Fortune 50 CPG company. He received an MBA from Indian Institute of Management and an undergraduate degree from Indian Institute of Technology New Delhi. Beth is an accomplished retail industry executive with over 30 years of experience in leading iconic brands across the food, drug, apparel, and outdoor gear industries. She also incubated the Wellbeing function at Fractal and gave shape to the firms charter on diversity and inclusion. So even if any setbacks happened, each of them was a huge learning experience. He comes with over 15 years of experience spanning roles in CPG consulting, account management, and building global partnerships and strategy. 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. 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. 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. Deb spent seven years on Fortunes US and International rankings of the 50 Most Powerful Women in Business. 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. Before Senseforth, Ritesh was a VP at Moonraft Innovation Labs, a global design and customer experience company. Fractal's mission is to power every human decision in the enterprise and to use the power of AI to help the world's most admired . My goal is to build this company for the next 100 years and ensure that it remains solid. Read More. Sagar is a Client Partner and part of Fractal Dimension focused to solve complex problems using AI, engineering, cognitive sciences, and human-centered design. We are investing in the right things, but we are not wasting any money on anything (unnecessary). Soudip has co-authored 5 US patents and 12+ international peer-reviewed journals and publications. He has a keen interest in designing experiments in business applications, ML at big data scale, optimization methods, unsupervised learning methods, entityresolution. He is keen on making analytics and data science consumable, by bridging the analytics-business value chains with problem structuring, design thinking, experimentation, and cross-functional collaboration. Rohit has a bachelors in Management from Southern Cross University and a Masters degree in Information Technology from the University of Southern Queensland. Srikanth Velamakanni: Thanks a lot. It was an interesting job, Velamakanni recalls, and he got a chance to work with clients such as Enron and in sectors such as aircraft finance. 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. 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 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. Mrunali is interested in building interconnected decision spines in organizations, digitizing decisions with AI & engineering, analytics strategy for CXOs, and high adoption digital culture. 10,000, Traders Mela for Hindi Speaking Trading Community, Chinese family realises their pet dog is actually an endangered bear, Bill Gates says meeting PM Modi was the highlight of his India trip, 'Mysterious crispy pretzel shaped fried waffles': Guess the sweet from this restaurant description, SoftBank CEO to attend OYO founder Ritesh Agarwals wedding. Over the years, Sandeep has performed multiple roles, including business system leader for customer service & logistics, solution head & architect, practice management, and CPG consultant. In some ways, co-founders exiting in 2007 was a setback. 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. But Fractals data analysis threw up a surprising result. And the suitwithout a tiedoesnt add any years. He comes with industry experience to drive end-to-end sales and business operations and franchisee networks, including network setup and growth. CBOs, for the uninitiated, are similar to those subprime mortgages that have walloped global markets out of shape over the past few months. 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. His career spans Wall Street in New York and Indian markets in Mumbai. Invest as low as 10,000 and earn better returns than FD, Find safe & high-yielding bonds for your buck. He was responsible for IT & Shared Services for all Global Business Units and Markets around the world. 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.. Passionate about analytics, Dinesh has powered impactful digital initiatives and transformed lab experiments into high-impact customer solutions for client organizations. An active follower of developments in US politics, Srikanth enjoys keeping abreast of late-night American talk shows particularly those hosted by Stephen Colbert, Jimmy Kimmel, Trevor Noah, Hassan Minhaj. Chetan is an engineering leader responsible for establishing and growing the Google Cloud practice at Fractal. I see opportunities everywhere! Sandeep comes with over two decades of supply chain domain experience spread across analytics, consulting, and IT in the CPG and retail industry. Mr. Gulu Mirchandani is the Founder Chairman of the Onida Group. Puneet Bhatia is the Co-Managing Partner for TPG Capital Asia and the head of TPG Capital India. Is competition heating up and how will it bode for Fractal? Rohan serves as a Director on the Boards of ThoughtWorks, EVRY and GlobalLogic. He has done his Bachelor of Engineering in Information Science and Technology from Bengaluru University. A3S protection > Blog Classic > Uncategorized > srikanth velamakanni net worth. 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. Velamakanni, visibly distraught, explains what happened: Each one of us worked in one global region and we all thought that our own area was important. This included all eBusiness, Consumer Services, BI/Analytics, Sales Force Solutions, Project Delivery, Business Process Services, and A&D / Company restructuring efforts. But to me, I think being public has a lot of other benefits of being accountable to all your stakeholders including shareholders, clients, employees, suppliers and the world at large. He did his Masters in Industrial Technology from Eastern Michigan University, Michigan, USA. AV: You mentioned earlier that engineering also plays a big part in your thought process in this investment. 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). How about that for an eye-opener? He has a keen interest in leveraging AI and big data analytics for creating impact across client organizations. 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. Sankar is a member of the executive leadership team at Fractal and global practice leader for, Banking, Insurance, Healthcare & Technology. But I think the next step really is to be a public company. She has been working on various initiatives to encourage STEM education for girls. Dinesh has a Bachelor of Technology in Mechatronics Engineering from Mahatma Gandhi Institute for Technology (MGIT), Hyderabad, India. He has over 18 years of experience in account management, management consulting, and decision sciences consulting across the US, Japan, APAC, and Europe. US-based artificial intelligence (AI) firm Fractal, which became the second unicorn in 2022 with the latest . If we want pension funds to do more with FSB Task Force on 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. Sagar has actively worked with NASSCOM, supporting two initiatives: responsible AI framework and unlocking the value from India open government data (data.gov.in). Could you throw more light on the revenue split-up? 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. Interview with Srikanth Velamakanni - Fractal Analytics. Dave received his BA and Ph.D (Physics) degrees from UC Berkeley and his MBA degree from the Haas School of Business. Guha specializes in helping enterprises future-proof their business processes. He has a B.Com Honors degree from the Sriram College of Commerce, Delhi and an MBA from the Indian Institute of Management, Calcutta. 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. He provides consulting support in analytics and product design for two Personal Lines insurance start-ups. in Mathematics and MBA from Mumbai University, India. Gaurav is a Client Partner and head of Trial Run in the business experimentation platform at Fractal. He comes with over twenty-one years of corporate finance experience, FP&A, commercial finance, controllership, finance operations, treasury, supply chain management, pricing, M&A, and tax. He specializes in scaling strategic client relationships, signing multi-million/multi-year MSAs by building trust, and delivering business impact. Super conversation with @srikanth @fractalai on today's #StartupFridays with @ArakaliHari
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