Fractal Analytics
Multinational artificial intelligence company
From Wikipedia, the free encyclopedia
Fractal Analytics Limited,[4] trading as Fractal, is an American-Indian multinational artificial intelligence and data analytics company. The company has dual headquarters in Mumbai and New York City.[1]
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| Company type | Public |
|---|---|
| NSE: FRACTAL BSE: 544700 | |
| Industry | Artificial intelligence |
| Founded | 2000 |
| Founders |
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| Headquarters |
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Area served | Worldwide |
| Revenue |  ₹2,765 crore (US$330 million) (FY25)[2] |
| ₹221 crore (US$26 million) (FY25)[2] | |
Number of employees | 46000 (May 2024)[3] |
| Website | fractal |
History
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]
