Fractal Analytics was founded in 2000 in Mumbai by Srikanth Velamakanni, Pranay Agrawal, Nirmal Palaparthi, Pradeep Suryanarayan and Ramakrishna Reddy.[5] It later moved to the US in 2005.[6] In 2015, it acquired Imagna Analytics[7] and Mobius Innovations.[8][9][10]
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.[11] It also created two new subsidiaries Qure.ai[12] and Cuddle.ai.[13]
In August 2016, Fractal Analytics partnered with KNIME, an open source data analytics platform.[14] In June 2017, the company acquired Chicago-based strategy & analytics firm, 4i Inc.[15] In September 2017, it partnered with Final Mile to combine data science with behavioral science [16] In March 2018, Fractal Analytics acquired behavioural architecture company Final Mile.[17][18] In January 2019, Fractal received a $200 million funding from Apax Partners.[19]
In January 2022, Fractal became a unicorn company after raising $360 million from private equity firm TPG.[20]
₹2,765 crore (US$330 million) (FY25)[2]
