srikanth velamakanni net worth

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. Deb authors a blog: Run2Digital. Deb is an advocate for the health & education of children. Dipita has over 25 years of experience in enabling decisions with analytics across the largest CPG enterprises globally. Rohan has also been actively involved in portfolio work at NXP Semiconductors. Passionate about analytics, Dinesh has powered impactful digital initiatives and transformed lab experiments into high-impact customer solutions for client organizations. 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. Based in London, he is responsible for driving customer success for Fortune 500 clients in the US, UK, and Europe. 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. Deb has a BA in Mass Communications from St. Bonaventure University, an MA in Advertising from Syracuse Universitys Newhouse School of Public Communications and an Honorary PhD of Humane Letters from St. Bonaventure. Since Srikanth co-founded Fractal in 2000, the company has raised more than USD 300 million from institutional private equity investors. Dinesh is a Client Partner and member of the APAC leadership team. She is a business leader and ex-entrepreneur and has previously worked at P&G and Marico brand teams. Why is the huge focus on going public? Akhil has played a significant role in shaping and evangelizing Fractals thinking in data science with clients. She joined Gupton Marrs from Wachovia Bank, where she led Customer Experience and Loyalty across the enterprise. He has also co-developed two patent solutions in the areas of predictive analytics and resource optimization. He focuses on the development of new AI products and scalable solutions. 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. We are a better firm for it. He also focused on the growth of newly acquired relationships across verticals and led their delivery to create scaled strategic client partnerships. In his free time, Srikanth reads an average of 40 non-fiction books a year on these subjects, as well as memoirs, biographies, and books on leadership. 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. Before Fractal, he pioneered high-frequency algorithmic trading in India with Getco/KCG. We were in a nascent market and first to start in the analytic space. A round of discussions within the partners ended in an election to choose a CEO that Velamakanni won unanimously. This was creating issues in allocating resources. Century Insurance he led the Marketing, Advertising, Sales and Actuarial functions for this direct distribution company. Srikanth is Co-founder and Trustee of Plaksha University, with a strong academic focus on core engineering, AIML and mathematics. He has a keen interest in designing analytics frameworks for solving complex business problems, combining business acumen with applied analytics. Analytics Vidhya (AV): Srikanth, welcome to the call and a huge congrats on Fractal becoming a unicorn! He heads the Retail and Distribution industry sector. He is experienced in Credit Risk Policy & Portfolio Management, Collections Strategy, Underwriting & Fraud Control. Prior to Fractal, Amit worked at Kotak Mahindra Bank across business development and product management roles and at Cedar Management Consulting. Ms. Mulligan serves as a trustee on the Board of Directors for The Vanguard Group, a position she has held since 2017, and at DuPont de Nemours, Inc., where she has served since 2021. Suraj drives the AI @scale division at Fractal, focusing on novel and innovative solutions involving AI, and engineering. The first year was pure startup mode, like sleeping in the office type of situation. Before Fractal, he has worked with McKinsey and Co., REC, and Mu Sigma. EN. Prior to Fractal, Manish has worked at UIDAI, Microsoft India, Bharti Airtel, and the Indian Navy. By subscribing, you understand and agree that we will store, process and manage your personal information according to our. He comes with over 27 years of experience spanning building a unicorn, Samya.ai, acquired by Fractal. He is a graduate of the US Naval War College, and he completed fellowships at Harvards John F. Kennedy School of Government in 1997 and at the Council on Foreign Relations in 2000. Last year, I was on tour for 200 days. So looking at that, what we see is one is end-to-end problem solving for clients. Further, he developed real-time bidding algorithms using Bayesian Optimization and other Machine Learning (ML) methods for a Fortune 50 CPG company. Vikram is a Client Partner and heads global partnerships and alliances, with a focus on AWS Cloud, NielsenIQ, and Databricks partnerships. She has also done her Masters in Science from the Claremont Graduate University. Thank you, Fractalites, women and men, for making Fractal a great place to work for women for the third year in a row. India is going to contribute 91 million to the global workforce in the next 8-10 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). 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. 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. 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. Rohit is the leader of ANZ business, responsible for growth, client development, and P&L. His passion is to help global clients in their AI transformation journey, incubate and nurture breakthrough ideas, and build high-performance teams. 7 min read . Manish is the Chief Information Officer and a member of the Fractal executive leadership. He is a movie buff and loves traveling, particularly to the national parks. He has also worked at MarketsandMarkets, Mu Sigma, IBM, and Daksh. He comes with an experience of over 16 years across banking, financial services, hi-tech, industrial IoT, and retail. Manish has a bachelors degree in math and physics and CISA, CEH,C|HFI, LPT. 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. 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. Suraj drives the AI @scale division at Fractal, focusing on novel and innovative solutions involving AI, and engineering. He holds an MBA from the Indian Institute of Management, Ahmedabad (IIMA) and a B. Arch. This is also one of the reasons for the investment. He has a passion for coaching directors and teams, as well as a reputation for connecting with both senior business and technical leaders. Disclaimer: Fractal is a strategic investor in Analytics Vidhya. He is also the founder of Crux Intelligence and serves on the board of Analytics Vidhya. DBC LLC has advised clients in ecommerce, mobile gaming, streaming audio, healthcare, and IoT on driving more value with their data. He has over 15 years working on Boards and in Board level advisory roles. Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley. We have extremely smart people across the country. 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. She also incubated the Wellbeing function at Fractal and gave shape to the firms charter on diversity and inclusion. Miten has a Bachelors in Electronics & Telecom from the University of Pune, Maharashtra and completed his Executive Programs from Kellogg and Dartmouth, and is Google Cloud Certified. Punjab Like (97) Share. 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. Prithwish has also worked extensively in primary and secondary sales, BTL marketing campaigns, and supply chain. Sumit is a Client Partner and leader in Technology, Media & Entertainment practices. So in that sense, nobody wanted analytics, nobody had analytics, and it was all fine. 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. Big Announcement Analytics Vidhya Announces Strategic Funding from Fractal! 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. 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. If nothing else, we know he is good at math. He has led several large, multi-year and cross-market analytics engagements, transforming decisions across the portfolio of brands. He also actively follows US politics and American late-night talk shows, such as Stephen Colbert, Trevor Noah, Hassan Minhaj, and Jimmy Kimmel. He has a keen interest in user behavior analytics, fraud detection, investigations & prevention, and threat hunting. 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. TED Talks. There is a lot to think about and learn from Srikanth and hence we are publishing this interview for our community. Rohit has worked with some of the most admired ASX 20 brands in BFS, insurance (P&C, health), telco, CPG, and aviation. But what is analytics, I ask Velamakanni. Only two of the founders remain:Srikanth Velamakanni, group CEO, and Pranay Agrawal, CEO. Could you talk more about your journey? He is an active speaker at conferences and LinkedIn live sessions. While at Kearney, she was awarded their top three Firm Awards for Innovation, Thought Leadership and media visibility. Sahibzada Ajit Singh Nagar, It comes down to where we can be really good and how we can serve our clients better. To do that we have to have a great workplace and work culture. Bloomberg Law speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. We help them with collecting their receivables. For instance, we were recently working for this American auto lender. He has also completed disruptive strategy from Harvard Business School. Somaiya, Mumbai.. Soudip has nearly two decades of experience spanning product development, research, AI, and enterprise software development roles. We also use third-party cookies that help us analyze and understand how you use this website. He also leads a few of our strategic client relationships globally and heads our Gurgaon office. He has a keen interest in designing experiments in business applications, ML at big data scale, optimization methods, unsupervised learning methods, entityresolution. Now, in many cases when people take loans they cant pay, repayments go overdue and in the end the company charges off the loan and sells the car.. You are alreadythesecond unicorn in 2022 and it has been just week one of new year. Prior to Fractal, Ajoy was the Country Credit Risk Head for the consumer portfolio of Barclays India. There are some industries like that, for example, payments or food delivery. That change in focus coupled with movement in AI helped us reach here at this stage. At Progressive Insurance he served as a Division President and Director of Product Development. And this fundraise actually helps us in both. Hemant has a keen interest in applying neural networks and deep reinforcement learning to detect unique investment opportunities and harness the power of unstructured data to generate new insights. With increasing demand, are you stepping up hiring as well from 3500 employees? These cookies will be stored in your browser only with your consent. . This website uses cookies to improve your experience while you navigate through the website. 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. Prior to Sky, Dinesh led the analytics portfolio for TalkTalk UK. WATCH. Earlier, he worked with SAP and was instrumental in building their Data Science practice. He comes with over 19 years of experience in the ICT, Cloud, Data Analytics, and AIML industry, with a focus on start-ups in Australia and New Zealand. He has done his Bachelor of Engineering in Information Science and Technology from Bengaluru University. Many things to do. Ed is still active in the business. San Francisco Bay Area, Silicon Valley), Total number of current Jobs the person has, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Number of news articles that reference the Person, Co-Founder, Group Chief Executive and Vice Chairman, Indian Institute of Management (IIM) Ahmedabad, Analytics, automation startups gain as firms look to cut costs due to covid hit, Karnataka introduces Covid-19 tracking platform built by Nasscom, Interview: Srikanth Velamakanni, Co-Founder, Fractal Analytics, Healthcare AI Firm Qure.ai Raises $16M to Expand into New Markets, How Fractals Trial Run uses AWS to power AI-based decision-making, Q&A: Fractal Analytics Co-Founder on Decision-Making and AI, Apax Funds invests $200 million in Fractal Analytics, Young millennials are snacking on careers, Fractal Analytics Humanizes AI: Acquires Behavioral Architecture Firm Final Mile. 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. Srikanth: Absolutely! She has a BS in Business Admin & Management from the University of Southern California. Srikanth co-founded Fractal Analytics in 2000, well before analytics and AI were entire industries. Anindya is an expert in solving tough business problems and implementing solutions across the insurance and healthcare value chain using advanced AIML techniques. Puneet Bhatia is the Co-Managing Partner for TPG Capital Asia and the head of TPG Capital India. 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. 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. Rohit has a bachelors in Management from Southern Cross University and a Masters degree in Information Technology from the University of Southern Queensland. He also guides solution design and client value realization for insurance and healthcare practices. where Pdo Thread Lift Procedure How Is It Done Benefits And Side Effects Dr Srikanth V Doctors Circle takes center stage.Our goal is to provide a wealth of information, analysis, and discussion on this captivating subject, to bring together a community of individuals who share a passion for Pdo . TED Recommends. His clients span a broad spectrum of various industries, including technology, retail, pharmaceutical, healthcare, telecommunications, cable, manufacturing and others. PM Modi invited too, Laid off Twitter employee who slept on office floor in viral pic: 'Businesses are not families'. I feel good about where we are and this journey has been great. Miten is a member of the executive leadership and alliance team. Pavan is passionate about selling large and complex deals to Fortune 500 clients based in the US and Europe across industries. We are in a business that has many winners. Looking forward to building a great organization that's "Net Positive" and serves all stakeholders and the world at large. Sandeep is a member of the executive team at Fractal and is the Business Head for Asia-pacific region. Right from the early days we decided we wouldnt appoint one single CEO. He is focused on the delivery of delightful customer experiences through the embrace of data and insights coupled with real-time touches . Deb gives of her time and talents to several learning and charitable institutions. Prior to Wachovia, she was a part of the CEOs Office of Bearing Point, the former KPMG Consulting. But there are some others, which are probably not like that. Copyright 2023 All rights reserved Fractal Analytics Inc. 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. Ed has a long work history in the Property-Casualty insurance industry. Sagar is amongst the early Fractal members driving 100X growth over 14 years. Its an AI-led demand forecasting product aimed at the CPG industry. Prophetic: In March 2007, Velamakanni's company built a mathematical cricket . He is a recipient of multiple corporate awards and leads large global teams in North America and Asia. Prior to that, Rohan was a consultant at McKinsey and Co. in India. Rohit has a bachelors in Management from Southern Cross University and a Masters degree in Information Technology from the University of Southern Queensland. You had shared earlier about building the company for 100 years. Something that has been covered a lot in the media recently as well is entrepreneurship. But we are not reckless with it (money). 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. From where the clients are headquartered, it's largely US, Europe and Australia, witharevenue share of 70 percent, 25 percent and 5 percent, respectively. He has been an advisor to various Indo-US startups and now looking to grow in the US and Europe. As Fractal turns 23, I am about to reach the point where I have spent half my life | 20 comments on LinkedIn Read More, @Copyright reserved | Terms and condition | Privacy Policy, Alpha, Sector 101, IT City Rd, But Fractal grew steadily from five partners in 2000 to the 160 employeesmostly math geeksit has today. And things didnt improve. Finally, two partners walked out. However, afterthe firm'sbreakthrough with ICICI Bank and HDFC in India, the company decided to move business to the USin 2005 where the opportunities were significant. You feel ready to take on the world. 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. 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. Deb is a Partner at Council Advisors (CA) where she spearheads their digital transformation practice and is a senior advisor to World 50, a C-Suite Leadership Development & Networking Company which houses the G100 Network. Akhil has played a significant role in shaping and evangelizing Fractals thinking in data science with clients. 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. She is on the Governing Board of IIIT, Delhi. Not many survived, and they all have morphed into something else or sold their business. This is just one excerpt from our exclusive interview with Srikanth Velamakanni, Group Chief Executive & Vice-Chairman at Fractal. 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. AV: You mentioned Fractal wants to invest and scale up in a lot of new areas. Amit is the head of Integrated Marketing Effectiveness (IME) capability and a Client Partner at Fractal. He has played the CTO role for a multi-cloud data offering and was responsible for features, use cases, architecture, and development roadmap. That is where we are headed as a next step. Before Fractal, Gaurav worked at Tech Mahindra, Schindler Elevators, and ABB. She has a Masters in Management and Policy from the University of StonyBrook, the USA, and a BTech in Engineering from IIT Kharagpur, India. Before Fractal, Yash has led multiple large engagements in IBM, Mphasis, Wipro, and Ramco Systems. They were ready to trust us. Today, he says, he sometimes wishes theyd headed off to the US and South-East Asia sooner than they did. Additionally, Plaksha promotes interdisciplinary learning by bringing together science and the liberal arts. Beth has a passion for developing and executing growth strategies, scaling businesses, and growing talent both as an operating executive and now as a director, advisor, and mentor. And secondly, it will help us in doing meaningful investments and acquisitions that bring greater client value overall. These cookies do not store any personal information. Dipita founded The Modeling Group, an analytics consulting firm helping Fortune 500 CPG companies allocate marketing and trade promotion resources to drive profitable growth. And at this point in time, Fractal is not over-indexed in these areas and we would like to be. His previous experiences include CleverTap, KloudData, Financial Technologies, MCX, InfoSpace, MobileMedia and Qualcomm among others. He also has the experience of deploying production-grade big data systems at government/secure facilities for Palantir technologies. He comes with industry experience to drive end-to-end sales and business operations and franchisee networks, including network setup and growth. The organization was later acquired by Nielsen. 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. Velamakanni says the next target is to reach $1 billion in 4-5 years. Rohini has previously worked at Jet Airways, Essar Group, and Amrop International. Many things to do. Srikanth Velamakanni is the Co-founder, Group Chief Executive and Executive Vice Chairman of Fractal. If you look at the AI world, I see it as three phases : We want to invest today because we know that in seven or ten years everybody will be investing, and in fact even in five years well see some great use cases. He supports reimaging the business process in a post-AI world and creating products that manifest and embody the future state. He has worked in the US, Europe and India Geographies and has managed extended sales and delivery teams in these regions. 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. Chetan comes with nearly two decades of experience spanning roles in designing and building data engineering, business intelligence, and analytics solutions. With over 20 years of experience, Satish has deep expertise in strategy, corporate development, corporate financings and investing. 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. He considers himself a lifelong student of mathematics, behavioural economics, neuroscience and consumer behavior. AI. He is an active speaker at conferences and LinkedIn live sessions. Before joining Kearney, Andrea spent 22 years at KPMG, New York as a Financial Services consulting partner. 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. He combines his Wharton MBA with executive training from Harvard and Stanford. Srikanth Velamakanni TEDxNIITUniversity. Fractal serves more than 100 Fortune 500 companies with its AI, data and analytics driven business strategies. His focus areas are Natural Language Processing, speech recognition, and other technologies at the intersection of human-machine interactions. I think there is a case to be made for what we call blitz scaling. Invest as low as 10,000 and earn better returns than FD, Find safe & high-yielding bonds for your buck. Think of the IT industry. Ajoy received his MBA from the Indian Institute of Management (IIM) at Calcutta and Bachelors in Mechanical Engineering from the Indian Institute of Technology (IIT) Delhi. 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). Current positions of Srikanth Velamakanni. And this fundraise actually helps us in both. 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. He was appointed as the President of Consumer Electronics & TV Manufacturer Association (CETMA) for two consecutive years in 1992 & 1994. His career spans Wall Street in New York and Indian markets in Mumbai. Prior to co-founding Fractal, he was an investment banker, working on structured debt and CDOs. Analytics Vidhya App for the Latest blog/Article, Walmarts Sales Analysis through Data Visualization, We use cookies on Analytics Vidhya websites to deliver our services, analyze web traffic, and improve your experience on the site. And then of taking on a slew of challenge projectseuphemism for assignments that they got paid for if they produced results. You must have heard of the proverbial selling of shoes in Africa, where nobody wants shoes, and nobody has shoes. Ajoy leads engagement delivery and heads capabilities development for Customer & Loyalty Analytics, Integrated Marketing Effectiveness, Artificial Intelligence and Machine Learning, Big Data & Visualization. Previously, Shelly built Samya.ai as the founder and CEO. 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. Kathy Leake is the CEO and board member of Crux Intelligence an AI-based personal analyst for business professionals. He has a keen interest in democratizing data analytics and ML applications. Its what I did. In those early days this was such a new space. Srikanth Velamakanni co-founded Fractal in February 2000 and is the Group Chief Executive Officer. 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. A member of the NASSCOM Executive Council Srikanth serves as a subject matter expert on data and AI. 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. He is a Google Cloud leader accelerating & scaling non-linear revenue growth through partnerships.

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