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Fractal Analytics

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Fractal Analytics
Company typePrivate
Founded2000
FounderSrikanth Velamakanni and Pranay Agrawal
Headquarters
United States Edit this on Wikidata
Area served
Worldwide
Number of employees
2500+
Websitehttps://fractal.ai/

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][dead link] United Kingdom, and India along with fifteen other locations.

History

Fractal Analytics was founded in 2000 by Abhicine, 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][dead link] 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][dead link] and Cuddle.ai.[8]

In August 2016, they partnered with KNIME, an open source data analytics.[9][dead link] 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.{{cite web}}: CS1 maint: url-status (link)