srikanth velamakanni net worth
We found initial success with ICICIBank, where we worked to create the 30-minute loan product. 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. When expanded it provides a list of search options that will switch the search inputs to match the . He believes in building AI products to solve complex real-life problems (e.g., climate change) by changing priorities for people and processes. So I think going public is consistent with being positioned for the very long term. 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. Fractal serves more than 100 Fortune 500 companies with its AI, data and analytics driven business strategies. Now AI is everywhere, and it is just powering our lives in a very significant way, like improving the video quality of this call. Sumit has co-authored whitepapers, one of which got featured in The Economist: Transforming the content supply chain through AI-driven forecasting of linear viewership and optimization of linear schedules, Enhancing customer experience by bringing together AI, Engineering & Design, Implications of COVID-19 on cable tv & streaming business and Orchestrating enterprise-wide recovery from COVID-19. She has a BS in Business Admin & Management from the University of Southern California. Suneet is a Client Partner in APAC Practice, leading our partnership with a HealthTech and Consumer Goods major. Her responsibilities at GSK included leadership for all information technology as well as Data, Analytics and Digital Transformation (GSK split into 2 legal entities- a BioPharma company and a separate Consumer Health Company which went public as Haleon in July of 2022) Karenann was previously the chief information officer for Walmart from 2010 to March 2017. Let us say that we don't do TV ads and adson cricket matches. Passionate about analytics, Dinesh has powered impactful digital initiatives and transformed lab experiments into high-impact customer solutions for client organizations. He has done his Bachelor of Engineering in Information Science and Technology from Bengaluru University. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. I feel very passionately about the community. AV: Can you recommend a couple of top books on entrepreneurship for anyone who wants to get started? Another is called Invent and Wander by Jeff Bezos and Walter Isaacson. Based in London, he is responsible for driving customer success for Fortune 500 clients in the US, UK, and Europe. Srikanth Velamakanni's Post Srikanth Velamakanni Co-founder, Group Chief Executive & Vice-Chairman, Fractal Analytics 1mo Report this post Report Report. And at this point in time, Fractal is not over-indexed in these areas and we would like to be. We have extremely smart people across the country. Prithwish has a keen interest in enabling client value realization through the ethical use of data and analytics. This talk was presented to a local audience at TEDxNIITUniversity, an independent event. Prior to that, Rohan was a consultant at McKinsey and Co. in India. He is responsible for worldwide sales and distribution of Salesforce products and services. She was also the founder of Dstillery, a Social Targeting company. His clients span a broad spectrum of various industries, including technology, retail, pharmaceutical, healthcare, telecommunications, cable, manufacturing and others. In some ways, co-founders exiting in 2007 was a setback. English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . Her capabilities include deep knowledge regarding technology engineering and support for global supply chains, merchandising, finance, cyber security and enterprise infrastructure. 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. 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. 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. I try to coax him along: Was it a leadership issue? Puneet Bhatia is the Co-Managing Partner for TPG Capital Asia and the head of TPG Capital India. 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. From a size point of view, we are the second-largest . 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. CISP, Lead Auditor.. 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. Srikanth Velamakanni is the Co-founder, Group Chief Executive and Executive Vice Chairman of Fractal. 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. Before Crux Intelligence, Kathy was CEO, Co-Founder, and Chairwoman of Qualia (acquired by ALC). Deb is a thought leader on topics including leadership, digital transformation, and diversity. 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. Pavan founded a Sequoia-funded startup, Samya.ai, now acquired by Fractal. He was responsible for IT & Shared Services for all Global Business Units and Markets around the world. Soudip has co-authored 5 US patents and 12+ international peer-reviewed journals and publications. He has done MS and BE in computer science and MBA from Stern Business School, New York University. It is mandatory to procure user consent prior to running these cookies on your website. Along with working closely with the team at Fractal, Beth currently chairs the Recreational Equipment, Inc, (REI) Board of Directors, as well as, serving as a member of the Board of Directors for Heartisan Foods. This email id is not registered with us. Amit is passionate about delivering strong business value through analytics transformation, driving implementation and adoption, and leading to sustained incremental top-line or bottom-line. We are investing in the right things, but we are not wasting any money on anything (unnecessary). But opting out of some of these cookies may affect your browsing experience. There are some industries like that, for example, payments or food delivery. Neelam has been a key participant in shaping the IT industry in India. At Fractal, he is playing the new game that is emerging at the intersection of human and machine intelligence. AV: Thats super interesting and well circle back to the engineering aspect in a moment. 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. Sagar is a Client Partner and part of Fractal Dimension focused to solve complex problems using AI, engineering, cognitive sciences, and human-centered design. Sumit holds an MBA in Finance from Narsee Monjee Institute of Management Studies (NMIMS), Mumbai. We just have to be focused on what we can address. Client Partner, Technology, Media & Entertainment. A member of the NASSCOM Executive Council Srikanth serves as a subject matter expert on data and AI. He has a keen interest in user behavior analytics, fraud detection, investigations & prevention, and threat hunting. How do you use fancy math to help companies make money? Amit is passionate about delivering strong business value through analytics transformation, driving implementation and adoption, and leading to sustained incremental top-line or bottom-line. 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. His deals at Apax include Fractal Analytics, Healthium Medtech, Mannapuram Finance, Zensar Technologies, Shriram City Union Finance, Cholamandalam Finance, GlobalLogic, iGATE, Apollo Hospitals, TIM Hellas, Weather Investments, TDC, Bezeq and Synetrix. Sandeep is a member of the executive team at Fractal and is the Business Head for Asia-pacific region. It comes down to where we can be really good and how we can serve our clients better. He was in Leadership role in Consumer Credit Risk Management in Standard Chartered (Prime Financial), CitiFinancial and GE Money. He is currently building Eugenie, an enterprise AI-SaaS platform for operational intelligence. Prior to joining Fractal, Rasesh was the Offshore Unit Head for a large account, managing over 600 people at Mastek, and a Group Software Manager at Tata Infotech Ltd. (now part of Tata Consultancy Services). Rohini is the Chief People Officer at Fractal with over 16 years of multi-functional experience. How to Read and Write With CSV Files in Python:.. 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 his current role, Natwar is leading a global engineering team to operationalise our clients data-to-decisions platform and partner them in their digital transformation. But what is analytics, I ask Velamakanni. From the revenue standpoint, I think the next logical step is to think of $1 billion in about four or five years. He specializes in scaling strategic client relationships, signing multi-million/multi-year MSAs by building trust, and delivering business impact. We want to be in that place where a vast majority of the Fortune 100, 200, 500 companies trustFractal to do that for them. 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. 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 is also the Wall Street Journal bestselling author of Hire Purpose: How Smart Companies Can Close the Skills Gap. Fractal was founded in 2000 by five graduates from IIM Ahmedabad in Mumbai to help consumers make better decisions using analytics. There are some good things and bad things that will happen in anybody's journey. 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. He has also incubated and led Fractals retail & customer experimentation product business in various industries. 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. When we went back to double-check we discovered that these customers really do want to pay their loans. You had shared earlier about building the company for 100 years. And that is the attraction. 7 Answers. That change in focus coupled with movement in AI helped us reach here at this stage. He has played the CTO role for a multi-cloud data offering and was responsible for features, use cases, architecture, and development roadmap. I think that that also makes it clear that this is a big space, and it is here to stay. It was very difficult. 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. Ritesh is passionate about Senseforths mission to make technology human-like. He holds the CPCU and ARM designations. Only two of the founders remain:Srikanth Velamakanni, group CEO, and Pranay Agrawal, CEO. A former physicist turned data scientist, Dave Botkin built and ran analytics and data engineering teams in startups and Fortune 50 companies until retiring in 2018 to focus on Analytics Consulting and Advisory services as Dave Botkin Consulting, LLC. But AI is such a large and nascent space that there are many victories to be had. He has appreciation towards creating reusable solutions and had co-created an AutoML platform, brAIn.ai, for driving acceleration and standardization in modelling workflows. 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. Think of the IT industry. We see opportunities in a number of places geographically as well. Amit has over 18 years of experience in analytics and AI, strategy consulting for CPG, retail, technology, and financial services organizations worldwide, in diverse markets. She is a business leader and ex-entrepreneur and has previously worked at P&G and Marico brand teams. He combines his Wharton MBA with executive training from Harvard and Stanford. Vijay is the head of AWS practice and a retail tech leader. She is also an Advisory Committee Member to one of the Worlds largest Consulting Firms (1 of 4 members). Check out our Festive offers upto Rs.1000 . He has a proven record of leading CPG clients across North America, Latin America, Europe, and APAC. Guha is the product and technology leader for Samya.ai business unit. He served as CEO of Fractal Analytics from 2006 to 2016. I don't think ed-tech is that space. He has played the CTO role for a multi-cloud data offering and was responsible for features, use cases, architecture, and development roadmap. Theres no such thing as an overnight sensation. He leads capabilities globally for research and delivery in the areas of AI, engineering, machine vision, natural language processing, machine learning operations, and cognitive automation. Andrea held other corporate positions as the Assistant Treasurer of the JC Penney Company and Assistant Treasurer of Deutsche Bank. 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 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. Prior to Fractal, Manish has worked at UIDAI, Microsoft India, Bharti Airtel, and the Indian Navy. And were trying to see how we can enable them to access AI and really learn the basics of AI and problem solving. Prior to Fractal, Prashant founded AI-powered personalized digital marketing firm Imagna Analytics which was acquired by Fractal in 2015. He was also the Chairman of the Bombay chapter of the World Presidents Organisation (WPO). Understand Random Forest Algorithms With Examples (Updated 2023), Feature Selection Techniques in Machine Learning (Updated 2023), A verification link has been sent to your email id, If you have not recieved the link please goto It was a painful turn of events that shook the entire firm. Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley. A transformational leader with a remarkable record of achievement, General Stanley A. McChrystal was called one of Americas greatest warriors by Secretary of Defense Robert Gates. 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). Prior to Fractal, Amit worked at Kotak Mahindra Bank across business development and product management roles and at Cedar Management Consulting. Prior to Fractal, he held senior leadership positions with various notable Fortune 500 organizations and led many large-scale transformations. Yash comes with over 25 years of experience in advanced analytics, information management, big data, cloud, and various digital technology initiatives with Fortune 500 enterprises spanning architecture, strategy, delivery, and consulting services. What does the investment mean for the Community and the data science ecosystem at large? He is a senior fellow at Yale Universitys Jackson Institute for Global Affairs, where he teaches a course on leadership. He also played a significant role in developing enterprise software for IBM, Rakuten, and others. Under his leadership, Fractal has developed several product lines within the company including Cuddle.ai, Eugenie.ai and Qure.ai. All rights reserved. So that's really where we want to be. Srikanth: I feel very passionately about the community. Only when you're truly public can you have permanent capital, and that's when you can build it for the really long term. What if an employee saw me?. In his work, he has brought the business side of learnings to the AI world, consulted, and grew global client relationships across retail, CPG, and hospitality industries, and has been a partner to over 25 Fortune 500 enterprises. He has 18 years of multi-market experience supporting more than 100+ organizations achieve measurable top line/bottom line impact through AI, Data Engineering & Design. But as far as Fractal is concerned, this is not a blitz-scaling business and that mindset doesn't apply to us. Ms. Mulligan is the former Chair, President & CEO of The Guardian Life Insurance Company of America (Guardian) and was a member of the companys Board of Directors. 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. Thats what really characterizes Fractals approach and strategy. We just have to be focused on what we can address. He also acts as a strategic advisor/angel investor to a few start-ups. This talk was presented to a local audience at TEDxNIITUniversity, an independent event. As Jeff Bezos keeps saying, if you're really client-centric, then you have to invent on behalf of your clients. How much of a setback wasthat? 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. Prithwish is a Client Partner for Fractals retail practice. How about that for an eye-opener? Hemant is passionate about creating algorithmic solutions for automated quantitative trading. He has evangelized AI solutions with senior leadership and incubated central analytics hubs at Fractal. 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 . In her career span of over two decades, Rajs focus has been on building engaged teams and driving a culture of data-driven decision-making. They tried really hard to keep the car by making payments somehow. He holds an MBA from the Indian Institute of Management, Ahmedabad (IIMA) and a B. Arch. So we work backward from what does the industry or the client need, and then work backward from there. 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. By subscribing, you understand and agree that we will store, process and manage your personal information according to our. He further has the experience of building AI systems for cancer research for Celera Genomics, Mayo clinic, Correlogic systems, and others. From 2003 to 2008, McChrystal commanded JSOC responsible for leading the nations deployed military counterterrorism efforts around the globe. She has the expertise in enabling enterprise digital transformation by translating business goals into D&A strategy, leveraging data science, data engineering, and design thinking. A former physicist turned data scientist, Dave Botkin built and ran analytics and data engineering teams in startups and Fortune 50 companies until retiring in 2018 to focus on Analytics Consulting and Advisory services as Dave Botkin Consulting, LLC.DBC LLC has advised clients in ecommerce, mobile gaming, streaming audio, healthcare, and IoT on driving more value with their data.Prior to DBC, Dave was Sr. Director of Marketing Analytics in Googles Ads business, where his teams evaluated marketing program effectiveness and developed machine-learning models to route leads to sales. 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. 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. TED Recommends. From where the clients are headquartered, it's largely US, Europe and Australia, witharevenue share of 70 percent, 25 percent and 5 percent, respectively. Something that has been covered a lot in the media recently as well is entrepreneurship. Prithwish has also worked extensively in primary and secondary sales, BTL marketing campaigns, and supply chain. He is also on the Boards of VIP Industries Limited and KEC International Limited among others. Because I don't think it (ed-tech) is a winner-takes-all market. Mr. Gulu Mirchandani is the Founder Chairman of the Onida Group. She has the expertise in enabling enterprise digital transformation by translating business goals into D&A strategy, leveraging data science, data engineering, and design thinking. Activity. Before Fractal, Gaurav worked at Tech Mahindra, Schindler Elevators, and ABB. Beth was a 26-year Executive at Delhaize leading its highest performing banner as the President of Hannaford to a health and wellness strategy and then repositioning and driving transformational change to successfully turn around the business model, culture, and brand at Food Lion as the President. Anindya is an expert in solving tough business problems and implementing solutions across the insurance and healthcare value chain using advanced AIML techniques. But AI is such a large and nascent space that there are many victories to be had. Prior to Fractal, Amit worked at Kotak Mahindra Bank across business development and product management roles and at Cedar Management Consulting. It just opens up a huge space for us. At Fractal, Sangeetha is focused on driving capability building and delivering transformational value to existing and new clients. 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. We were in a very good place and we suddenly had to take five steps backwards before we moved forward. Soudip has a Ph.D. in recommender systems and machine learning from the University of Trento, Italy., Co-founder, Group Chief Executive and Vice Chairman. He helped build a robust team, lay the technology foundation, get good deals and incubate ideas like telematics-based apps, Doofles, smart interactive tables, and displays among others. He has led several data science activities for Fractals AI products and accelerators. Beth is recognized for building and leading high-performance cultures that value people and unleash their true potential to drive results. Finally when he is ready, Velamakanni explains: If I were to look back at it allin hindsightit was all ego. He leads consulting, solution development using AI, Engineering & Design, P&L management, and practice development. Since retiring from the military, McChrystal has served on several corporate boards of directors, that include Deutsche Bank America, JetBlue Airways, Navistar, Siemens Government Technologies, Fiscal Note, and Accent Technologies. He comes with deep technical expertise in cloud technologies in AWS, specifically in building petabyte-scale, high-performance modern data platforms, such as hybrid warehouses, data lakes, CDPs, and AI, NLP, and real-time decision systems. Deb has been listed by Women Inc. as one of the 50 most powerful female board directors. Prithwish is a Client Partner for Fractals retail practice. Its an AI-led demand forecasting product aimed at the CPG industry. During her time at P&G, she served as President and Senior Executive Officer of P&Gs $20 billion Beauty Business while simultaneously serving as President and Senior Executive Officer of P&Gs e-Business which touched nearly half of P&Gs then $86 billion global business. Sagar has actively worked with NASSCOM, supporting two initiatives: responsible AI framework and unlocking the value from India open government data (data.gov.in). Punjab His previous experiences include CleverTap, KloudData, Financial Technologies, MCX, InfoSpace, MobileMedia and Qualcomm among others. 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.. Shailendra is the Chief Growth Officer at Fractal. Ed is still active in the business. He has worked in the US, Europe and India Geographies and has managed extended sales and delivery teams in these regions. So I don't understand some of those businesses, why they don't make money and how they're building their businesses. She is currently an Independent Director with UBS Bank USA and serves on the Audit & Risk Committees. As Fractal turns 23, I am about to reach the point where I have spent half my life | 20 comments on LinkedIn And the suitwithout a tiedoesnt add any years. She received a BA from the University of Pennsylvania and majored in Economics. Like (97) Share. In TMT, he consulted semiconductors manufacturing, strategy, and related Private Equity due diligences, influencing $1-3 billion investments. Previously, she has also played consulting leadership roles for Fortune 500 companies in the hospitality, insurance, and CPG industries. In his past career Mr. Velamakanni held the position of Assistant Manager at ICICI Bank Ltd. and Associate of Anz Investment Bank (AU). He was appointed as the President of Consumer Electronics & TV Manufacturer Association (CETMA) for two consecutive years in 1992 & 1994. Fast forwardto 2022:the firmis now valued at $1 billion, after the $360 million from TPG. On top of massive and long-standing shifts in the strategy and business results, Beth is most proud of founding Food Lion Feeds program which continues today and is approaching serving one billion meals toward hunger-relief for our most vulnerable and underserved populations. Prior to Fractal, Sangeetha was the National Operations Transformation and Retail Consulting Leader for Deloitte Canada. In June 2009, McChrystal received his fourth star and assumed command of all international forces in Afghanistan. He has completed his BE in electronics and communication engineering from BIT, Mesra. In addition, Srikanth is a member of the NASSCOM Executive Council, where he serves as a subject matter expert on data and AI. Rohit has a bachelors in Management from Southern Cross University and a Masters degree in Information Technology from the University of Southern Queensland. One of the things that we have done is to create what we call a crossover program, which is to look at the top decile of the tech talent in India. Before Fractal, he pioneered high-frequency algorithmic trading in India with Getco/KCG. Longer-term we would like to be a public company and I think building Fractal for the very long term is accelerated by getting investors who are long-term oriented and getting Fractal to scale and size that can be public.