Fractal Analytics Limited, trading as Fractal, is a multinational

artificial intelligence Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of re ...

company which provides services in packaged consumer goods, insurance, healthcare, life sciences, retail, technology, and the financial sector. The company has dual headquarters in

Mumbai Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12 ...

and

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, with a presence in the United States, India, and the United Kingdom, among other locations.

History

Fractal Analytics was founded in 2000 in Mumbai by Srikanth Velamakanni, Pranay Agrawal, Nirmal Palaparthi, Pradeep Suryanarayan and Ramakrishna Reddy. It later moved to the US in 2005. In 2015 they acquired Imagna Analytics and Mobius Innovations. 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. It also expanded its operations including the creation of two new subsidiaries Qure.ai and Cuddle.ai. In August 2016, they partnered with

KNIME KNIME (), the Konstanz Information Miner, is a data analytics, reporting and integrating platform. KNIME integrates various components for machine learning and data mining through its modular data pipelining "Building Blocks of Analytics" con ...

, an open source data analytics platform. In June 2017, they acquired Chicago-based strategy & analytics firm, 4i Inc. In September 2017, they partnered with Final Mile to combine data science with behavioral science In March 2018, Fractal Analytics acquired behavioural architecture company Final Mile. In January 2019, Fractal received a $200 million funding from

Apax Partners Apax Partners LLP is a British private equity firm, headquartered in London, England. The company also operates out of six other offices in New York, Hong Kong, Mumbai, Tel Aviv, Munich and Shanghai. As of March 2024, the firm had raised and adv ...

. In January 2022, Fractal became a unicorn company after raising $360 million from private equity firm TPG.

References

Analytics companies Companies established in 2000 Technology companies established in 2000 International information technology consulting firms Software companies of India Apax Partners companies {{India-company-stub