srikanth velamakanni net worth

Before Fractal, he pioneered high-frequency algorithmic trading in India with Getco/KCG. From the revenue standpoint, I think the next logical step is to think of $1 billion in about four or five years. 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. There is a lot to think about and learn from Srikanth and hence we are publishing this interview for our community. He believes in building AI products to solve complex real-life problems (e.g., climate change) by changing priorities for people and processes. He also acts as a strategic advisor/angel investor to a few start-ups. Only two of the founders remain:Srikanth Velamakanni, group CEO, and Pranay Agrawal, CEO. Rohini is the Chief People Officer at Fractal with over 16 years of multi-functional experience. This transition has happened in the last 10-15 years. 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. 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. Prior to Deloitte, Sangeetha was part of the executive leadership team at Sobeys where she led the Corporate Strategy function. So that's really where we want to be. Natwar is the member of the executive team and the Chief Technology Officer at Fractal. He has a bachelors degree in commerce from Banaras Hindu University, Varanasi, and a Masters in Business Administration (International Business) from K.J. 113 following. He has over 18 years of experience in account management, management consulting, and decision sciences consulting across the US, Japan, APAC, and Europe. He has a keen interest in building next-generation AI systems that scale for real-world impact. He is a recipient of multiple corporate awards and leads large global teams in North America and Asia. Then, HDFC Bank was another big success. It is mandatory to procure user consent prior to running these cookies on your website. Deb has been listed by Women Inc. as one of the 50 most powerful female board directors. Nothing else.. When I ask Velamakanni about the crisis that was widely reported in the media, his face falls and he goes quiet. As Fractal turns 23, I am about to reach the point where I have spent half my life | 20 comments on LinkedIn Gavin Patterson was appointed President & Chief Revenue Officer, Salesforce on August 1, 2020. Prior to joining Apax Partners, Rohan was an Associate at Bain Capital in their North American private equity division in New York, where he specialised in evaluating and executing transactions in the Industrial, Distribution and Retail sectors. The organization was later acquired by Nielsen. She was also the founder of Dstillery, a Social Targeting company. So we work backward from what does the industry or the client need, and then work backward from there. His career spans Wall Street in New York and Indian markets in Mumbai. Do you have an internal goal for the same? Add. So I don't understand some of those businesses, why they don't make money and how they're building their businesses. He has a bachelors degree in engineering from Bangalore University and a masters in systems and operations from IIT Madras. He has over 25 years of experience that focuses on technology-led disruption in the financial markets. He has an MBA from the Indian Institute of Foreign Trade, MBE from Delhi University and BA (Eco) Hons from Sri Ram College of Commerce. 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. Copyright 2023 All rights reserved Fractal Analytics Inc. Shailendra specializes in guiding enterprises with their GTM strategies, helping them scale, win clients and become successful in the journey. He has worked in the US, Europe and India Geographies and has managed extended sales and delivery teams in these regions. Srikanth Velamakanni 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 Fortune 100 companies. She is passionate on encouraging Diversity at Work and also Women in Technology. With IPO on the horizon, what are your thoughts about loss-making companies going public? Before Fractal, he worked with GE, IBM, and Nielsen. He has evangelized AI solutions with senior leadership and incubated central analytics hubs at Fractal. He has a keen interest in user behavior analytics, fraud detection, investigations & prevention, and threat hunting. He has an MBA from the Indian Institute of Management, Lucknow, and a Bachelors degree in Mechanical Engineering from the Indian Institute of Technology, Madras. Srikanth Velamakanni: AI | TED Talk 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 comes with over 16 years of experience in executing and implementing projects in predictive analytics and reporting-enabled solutions. Even as you see increased interest in analytics, bigger IT companies are getting into it. He served as CEO of Fractal Analytics from 2006 to 2016. Since Srikanth co-founded Fractal in 2000, the company has raised more than $300 million USD from private equity investors and has empowered more than 100 Fortune 500 companies with its AI, data, and analytics-driven business strategies. Srikanth Velamakanni co-founded Fractal in February 2000 and is the Group Chief Executive Officer. He further has the experience of building AI systems for cancer research for Celera Genomics, Mayo clinic, Correlogic systems, and others. To do that we have to have a great workplace and work culture. The flagship company of the Onida Group is MIRC Electronics. 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. Rohan has also been actively involved in portfolio work at NXP Semiconductors. Vikram is a Client Partner and heads global partnerships and alliances, with a focus on AWS Cloud, NielsenIQ, and Databricks partnerships. Shashank has an MBA from Harvard Business School, a Masters in Economics from Cambridge University and a BA (Honours) in economics from St. Stephens College (Delhi University). 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. He also brought excellent business value as a senior consultant for Amway (US) and Upromise (US). In this interaction with Moneycontrol, Velamakanni talks about the firm morphing into a unicorn, what's next for Fractal and the company's early days as one of the first analyticsfirmsin India. Sagar has completed his bachelors and masters in chemical engineering from IIT, Mumbai, and has done research at NCBS Bengaluru, and the University of Karlsruhe, Germany. Copyright 2023 Surperformance. 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. US-based artificial intelligence (AI) firm Fractal, which becamethesecond unicornin2022with the latest investment of $360 million from private equitycompanyTPG Capital Asia, is notausualcompany. He has done his Bachelor of Engineering in Information Science and Technology from Bengaluru University. Additionally, Plaksha promotes interdisciplinary learning by bringing together science and the liberal arts. Srikanth Velamakanni - Co-Founder, Group Chief Executive - LinkedIn Her main area of expertise is managing complex technology businesses in highly matrixed organizations. Rohini has a bachelors and Masters in Psychology (Organizational Behavior) from Delhi University. Srikanth is Co-founder and Trustee of Plaksha University, with a strong academic focus on core engineering, AIML and mathematics. We help them with collecting their receivables. We are in a business that has many winners. Prashant heads Qure.ai our healthcare business using deep learning to help diagnose disease and recommend personalized treatment plans from healthcare imaging data. Rohini joined Fractal to set up the Global Talent Acquisition Capability and lead Special Initiatives. 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. Certainly all competition is welcome and it only makes us better. Fast forwardto 2022:the firmis now valued at $1 billion, after the $360 million from TPG. If you can quickly correct mistakes and tweak your decisionthen you should just take them without endlessly debating.. He has co-founded FinalMile and has built a world-class team of behavioral scientists and designers. These cookies will be stored in your browser only with your consent. Pavan is passionate about selling large and complex deals to Fortune 500 clients based in the US and Europe across industries. Being a unicorn is a small milestone in the scheme of things when you look back 10 years later. Century Insurance he led the Marketing, Advertising, Sales and Actuarial functions for this direct distribution company. This included all eBusiness, Consumer Services, BI/Analytics, Sales Force Solutions, Project Delivery, Business Process Services, and A&D / Company restructuring efforts. Shailendra specializes in guiding enterprises with their GTM strategies, helping them scale, win clients and become successful in the journey. Previously with IBM, SunGard and Sallie Mae Corp. in business analysis & product development. Deb is a thought leader on topics including leadership, digital transformation, and diversity. Under his leadership, Fractal has developed several product lines within the company including Cuddle.ai, Eugenie.ai and Qure.ai. He also successfully led the analytics portfolio for Sky Premiums and Sky Products. 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. 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. The good news is that we do good work and clients pay. First, Velamakanni gives me the analogy he uses to explain to students what its all about: Imagine you leave home for office at a certain time everyday. Akhil has played a significant role in shaping and evangelizing Fractals thinking in data science with clients. 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. It was very difficult. Srikanth Velamakanni's Post Srikanth Velamakanni Co-founder, Group Chief Executive & Vice-Chairman, Fractal Analytics 2mo Report this post . I do still think that relative to the rest of the world, we are quite under-indexed on overall entrepreneurship. India is the only major country in the world that actually has a net addition of labor workforce in the next 7-8 years. From Malaviya National Institute of Technology (NIT), Jaipur. Reproduction of news articles, photos, videos or any other content in whole or in part in any form 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. So that was the first of its kind in India to use a risk model. He has a Post Graduate degree in Business Administration from the Indian School of Business (ISB), Hyderabad, India. Rohan joined Apax in 2007 and is based in the London office. Under his leadership, Fractal has developed several product lines within the company, including. 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. He has over 18 years of global work experience across the practices of Retail, Telecoms, Media, and Health Tech. Like (97) Share. Terrell has been named CIO of the Year , CIO Hall of Fame, and is a winner of the prestigious Fisher-Hopper Prize for Lifetime Achievement in CIO Leadership and selected as a member of Fortunes Executive Fantasy League Dream Team starting line-up. He has worked globally, with significant exposure to North America, Europe, Singapore, and Australia. He has over 33 years of experience spanning roles in the Navy, IT (Information Technology) project management, IT security operations, risk management, and National cyber security strategy. Gaurav is a Client Partner and head of Trial Run in the business experimentation platform at Fractal. We just have to be focused on what we can address. We see opportunities in a number of places geographically as well. But as far as Fractal is concerned, this is not a blitz-scaling business and that mindset doesn't apply to us. Under his leadership, Fractal has developed several product lines within the company, including Cuddle.ai, Eugenie.ai, and Qure.ai. It is also helpful that, market certainly seems to value these sorts of companies quite significantly, whether it is LatentView here, or Palantir in the US. 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. in Mathematics and MBA from Mumbai University, India. He has been an advisor to various Indo-US startups and now looking to grow in the US and Europe. He has a deep experience of over two decades across diverse domains of analytics consulting, project management, sales, and marketing. Chetan has worked with TCS, Teradata, BMC Software, Symantec, Vuclip, HSBC in roles including Principal Engineer, Principal Architect, and Senior Director.. He served as CEO of Fractal Analytics from 2006 to 2016. But I think the next step really is to be a public company. Srikanth Velamakanni - Wadhwani AI Why is the huge focus on going public? 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 keen interest in problem-solving, AI, and ML with its applications to CPGR and at large to humanity. Using raw data from what you experience in business everyday to take better future decisions. Al brings extensive experience from the information technology field as a director of numerous enterprise implementations as well as over two decades of keynote speaking, communication training, teaching, coaching and facilitating. When we went back to double-check we discovered that these customers really do want to pay their loans. He was in Leadership role in Consumer Credit Risk Management in Standard Chartered (Prime Financial), CitiFinancial and GE Money. 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. Since Srikanth co-founded Fractal in 2000, the company has raised more than USD 300 million from institutional private equity investors. He has a keen interest in leveraging AI and big data analytics for creating impact across client organizations. 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. By regret, if you mean, would I do some things differently if I knew what was happening? 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. So we work backward from what does the industry or the client need, and then work backward from there. Any other areas which need to take shape for India to progress forward in that journey? 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. If you are a winner-takes-all market, you want to expand so fast that scale and speedaremore important than profitability for a long time. Prashant has a PhD and MS in Operations Research from Georgia Institute of Technology; BTech from IIT Delhi. He comes with over 15 years of experience spanning roles in CPG consulting, account management, and building global partnerships and strategy. We both knew mathematics and we both knew finance. Prior to joining TPG in 2019, Vivek was a Vice President at TA Associates, where he headed technology coverage in South Asia. Pavan is a growth leader for new industries and geographies, across all services and product businesses. Before CBS, Dave held various executive roles in analytics and data infrastructure at eBay covering finance, strategy, and marketing. Anindya is an expert in solving tough business problems and implementing solutions across the insurance and healthcare value chain using advanced AIML techniques. 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. Prithwish has also worked extensively in primary and secondary sales, BTL marketing campaigns, and supply chain. She has 22 years of experience, having served in progressive leadership positions with some notable global retail brands in both industry and consulting. Pranay has led Fractal to be one of the most respected analytics companies in the world. Her capabilities include deep knowledge regarding technology engineering and support for global supply chains, merchandising, finance, cyber security and enterprise infrastructure. A member of the NASSCOM Executive Council Srikanth serves as a subject matter expert on data and AI. Discover the right bonds meeting your investment amount & investment horizon, Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation, 15-20 High Growth Stocks primed for price jumps. Looking forward to building a great organization that's "Net Positive" and serves all stakeholders and the world at large. How does it feel and what is next for Fractal? For instance, we were recently working for this American auto lender. 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. So that's something I would like us to be known for. Velamakanni says that companies outside India were much more open to innovative ideas than Indian ones. He has served on the Boards of industry organizations including the Insurance Institute for Highway Safety (IIHS), Highway Loss Data Institute (HLDI) and Advocates for Highway and Auto Safety. He has over 15 years working on Boards and in Board level advisory roles. It has taken off in a very big way in India in the last few years. Dipita has over 25 years of experience in enabling decisions with analytics across the largest CPG enterprises globally. Founder & Chief Executive Officer, Neal Analytics. What are some of those growth areas that you see? Deb authors a blog: Run2Digital. Can you give us an insight into how this investment accelerates Fractal in its journey? Deb gives of her time and talents to several learning and charitable institutions. Forbes recently ranked Fractal as the 7th best-funded analytics company in the world, the Great Place to Work Institute rated them as the Best Company to work for in the analytics industry, Fractal was also called out as a Cool vendor in analytics by Gartner, Forrester rated them as a Top provider for Text analytics for their product dCrypt. Satish serves as Chief Strategy Officer for Fractal, where he drives group-wide formulation, development and execution of Fractals corporate strategy, including leading the companys efforts in corporate development and long term capital planning, origination, execution and deployment. 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. Biju is the Chief Evangelist of Fractal and Chairman of FinalMile Consulting. You realize no one had a straight path to success. He is a thought leader, driving business transformation through AI, engineering, and design. We can bring a certain set of skills and capabilities and resources to their success, but eventually, we want them to beon their own and be very successful. Deb was the first woman to serve as Chair of the 23 Country Business Council and advised top government officials including President Barack Obama and Secretary of State Hillary Clinton. 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. He served as CEO of Fractal Analytics from 2006 to 2016. He has also incubated and led Fractals retail & customer experimentation product business in various industries. Rasesh received his MBA from NMIMS and Bachelor of Engineering in Electronics from Mumbai University. In addition, he serves as the Chairman of Dasra (leading not-for-profit in India), Trustee of the Apax Foundation, member of the South Asia Advisory Board of Harvard Business School and the Vice-Chancellors Circle of Advisers for India for the University of Cambridge. Vice President Global Client Development. She has extensive international experience building revenue, enhancing growth, and augmenting talent.

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