Fractal Analytics

Fractal Analytics is a multinational artificial intelligence company that provides services in consumer packaged goods, insurance, healthcare, life sciences, retail and technology, and the financial sector. Headquartered in New York, it has a presence in the United States,[1] United Kingdom, and India along with fifteen other locations.

Fractal Analytics
TypePrivate
Founded2000
FounderSrikanth Velamakanni and Pranay Agrawal

History

Fractal Analytics was founded in 2000 by Srikanth Velamakanni, Pranay Agrawal, Nirmal Palaparthi, Pradeep Suryanarayan and Ramakrishna Reddy.[2] In 2005, the company established its base in the United States. In January 2015, it opened its office in Bengaluru, India. In 2015 they acquired Imagna Analytics[3] and Mobius Innovations.[4][5] In 2016, Fractal Analytics appointed Pranay Agrawal as the CEO to replace co-founder Srikanth Velamakanni, the new Group Chief Executive and Executive Vice-Chairman.[6] It also expanded its operations including the creation of two new subsidiaries Qure.ai[7] and Cuddle.ai.[8]

In August 2016, they partnered with KNIME, an open source data analytics.[9] In June 2017, they acquired Chicago-based strategy & analytics firm, 4i Inc.[10] In September 2017, they partnered with Final Mile to combine data science with behavioral science [11] In March 2018, Fractal Analytics acquired behavioural architecture company Final Mile.[12][13] In January 2019, Fractal received a USD 200 Million funding from Apax Partners, a leading global private equity advisory firm.[14]

References
  1. Sainul k Abudheen (12 January 2015). "Fractal Analytics buys mobile-based context-aware Big Data startup Mobius Innovations". VCCircle. Retrieved 5 March 2017.
  2. "Fractal Analytics: India's Second-Largest Analytics Firm". Forbes India. November 5, 2013. Retrieved February 22, 2017. After a painful board-level split in 2007, Fractal Analytics turned things around to become India’s second-largest analytics company and growing
  3. "Fractal Analytics Acquires AI Startup to Expand Customer Genomics". Boston Business Journal. October 29, 2015. Retrieved February 22, 2017.
  4. "Fractal Analytics buys Mobius Innovations". The Hindu. January 13, 2015. Retrieved February 22, 2017.
  5. "Fractal Analytics acquires Singapore-based Mobius Innovations". The Mint. 12 January 2015. Retrieved February 22, 2017.
  6. "Fractal Analytics appoints co-founder Pranay Agrawal as new CEO". VCCircle. November 2, 2016. Retrieved February 22, 2017.
  7. "Qure.ai Wins Nvidia's Social Innovation Award". The Telegraph (Calcutta). December 21, 2016. Retrieved February 22, 2017.
  8. "Cuddle.ai closes the gap between analytics in the personal and enterprise world". SD Times. 2 November 2016. Retrieved February 22, 2017.
  9. "Fractal Analytics Partners With KNIME to Accelerate Institutionalization of Analytics for its Fortune 500 Clients". Yahoo finance. August 9, 2016. Retrieved February 22, 2017.
  10. http://www.prnewswire.com/news-releases/fractal-analytics-acquires-chicago-based-strategy--analytics-firm-4i-inc-625650084.html
  11. http://www.fractalanalytics.com/news/fractal-analytics-announces-partnership-final-mile-combine-data-science-behavioral-science
  12. "Data Analytics Company Fractal Analytics Acquires Behavioural Architecture Firm Final Mile". Inc42 Media. 2018-03-15. Retrieved 2018-06-08.
  13. "FRACTAL ANALYTICS ACQUIRES FINAL MILE; BRINGS TOGETHER AI, BEHAVIOURAL SCIENCES". analyticsindiamag.com. Retrieved 2018-06-08.
  14. "Funds Advised by Apax Partners Invest USD 200 Million in Fractal Analytics". Business Standard.
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