Straight from the heart
They say 25 is when the sum of your IQ and EQ is at its peak—when ambition meets wisdom, and the best is yet to come. That’s exactly where Fractal is today.
It all began on February 9, 2000, and we’ve done incredible work along the way to reach where we are today. But the most exciting part? Our journey is just getting started.
We have powered decisions that have touched every person on the planet.
More than 15,000 people have joined Fractal over the years, and the spirit of ‘once a Fractalite, always a Fractalite’ remains strong.
We have built incredible businesses—Qure, Vaidya, Kalaido, MarshallBot—and our R&D is gaining recognition. Our innovation is getting richer, and we are becoming bolder.
AI, as a technology, is approaching 70 years.
Fractal is 25 years old—and 25 years young.
Let’s go conquer the world.
Wishes from long-standing Fractalites
Homan Fouzdar
Neha Singh
Mohsin Shaikh
Pradeep Mishra
Sohini Pal
Darshana Shah
Fractal in one word
Down the memory lane
2000
6 Friends come together to build Fractal (Srikanth Velamakanni, Pranay Agrawal, Nirmal Palaparthi, Ramakrishna Reddy Dasari, Pradeep Suryanarayan, Nilanjan Ray)
Opens its first office in Takshila apartment, Mumbai, India
2001
Nilanjan Ray exits, Fractal carries forward with Srikanth, Pranay, Nirmal, RK, and Pradeep
2004
Gulu Mirchandani and Gita Mirchandani invest INR 2.75 crore
Registered office in Mahakali, Andheri, Mumbai, India
Registered office in Powai, Mumbai, India
2007
Fractalites given ESOP for the first time
Ramakrishna Reddy (RK) and Pradeep exit, Fractal continues with 3 co-founders, Srikanth, Pranay and Nirmal
2008
FAA was launched. We converted the workstations into a training room
2012
Nirmal exits, and Fractal carries forward with 2 co-founders, Srikanth and Pranay
"Fractal Sciences" launched to deepen its focus on innovation
Expanded in Gurugram, Haryana, India
2013
First US-administered office in New Jersey, New York
TA FVCI Investors Limited acquired minority stake in 2013
2014
AIMIA invests in Fractal
First CSR Policy is approved
2015
AIMIA invests in Fractal
Bengaluru office inagurates
2016
Integrated engineering and design with AI capabilities, resulting in AI products like Qure.ai
2017
Investment by Khazanah Nasional in Fractal
Ranked 91st in the ‘India’s Best Companies to Work for 2017’ category by Great Place to Work Institute, India
Recognized as a leader among the ‘Customer Analytics Service Providers’ in the Forrester Wave: Customer Analytics Service Providers, Q3 2017 Report prepared by Forrester Research, Inc.
Fractal brand relaunch, introducing our new logo
2018
Integrated engineering and design with AI capabilities, resulting in AI products like Eugenie.ai
Integrated engineering and design with AI capabilities, creating AI products like Theremin.ai
Certified in 2018 as a ‘Great Place to Work’ by Great Place to Work Institute, India
Acquired Final Mile in FY 2018, integrating behavioral and data sciences to tackle complex problems with a multidisciplinary approach
2019
Certified as a ‘Great Place to Work’ by Great Place to Work Institute, India
Integrated engineering and design with AI capabilities, resulting in AI products like, AIDE
Recognized as a leader among the ‘Customer Analytics Service Providers’ in the Forrester Wave: Customer Analytics Service Providers, Q2 2019 Report prepared by Forrester Research, Inc.
2020
Certified in 2020 as a ‘Great Place to Work’ by Great Place to Work Institute, India
Recognized in 2020 among ‘India’s 100 Best Workplaces for Women’ by Great Place to Work Institute, India
Recognized as a leader among the ‘Computer Vision Consultancies’ in the Forrester New Wave: Computer Vision Consultancies, Q4 2020 Report prepared by Forrester Research, Inc.
Recognized as a leader among the ‘Specialized Insights Service Providers, Q2 2020’ in the Forrester Wave: Specialized Insights Service Providers, Q2 2020 Report prepared by Forrester Research, Inc.
Mentioned as an honorable service provider under the ‘Pure play’ category of Data & Analytics service in the Magic Quadrant for Data and Analytics Service Providers Report prepared by Gartner, Inc.
2021
Acquired Neal Analytics to complement its organic growth and diversify
Acquired Senseforth.ai to complement its organic growth and diversify
Acquired Asper.ai to complement its organic growth and diversify
Investing in Analytics Vidhya, established a strong EdTech footprint
Recognized in 2021 as ‘India’s Best Workplaces for Women’ in the top 100 (large) category by Great Place to Work Institute, India
Recognized as a leader among the ‘Customer Analytics Service Providers’ in the Forrester Wave: Customer Analytics Service Providers, Q3 2021 Report prepared by Forrester Research, Inc.
Mentioned under the ‘AI Strategy’ category in the Hype Cycle for US Healthcare Payers 2021 Report prepared by Gartner, Inc.
Mentioned as an honorable service provider under the ‘Pure play’ category of Data & Analytics service in the Magic Quadrant for Data and Analytics Service Providers 2021 Report prepared by Gartner, Inc.
Mentioned as an augmented analytics vendor for Cuddle.ai product under the representative vendors category in the Market Guide for Augmented Analytics Tools 2021 Report prepared by Gartner, Inc.
2022
Recognized as ‘Great Workplace’ by Great Place to Work Institute, India
Mentioned as an honorable service provider under the ‘Data & Analytics Specific’ category in the Magic Quadrant for Data and Analytics Service Providers Report prepared by Gartner, Inc.
Recognized as one of the ‘Employers of the Future’ by Fortune India
Recognized as a ‘Representative Vendor’ in Market Guide for Consumer Goods Trade Promotion Solutions, 2022 by Gartner, Inc.
Recognized as a ‘Leader’ in Top Data Science Providers in India 2022: Penetration and Maturity (PeMa) Quadrant, 2022 by Analytics India Magazine
Recognized as a ‘Leader’ in Analytics and AI Services Specialists PEAK Matrix® Assessment 2022 by Everest Global, Inc.
Secured investments of $41.6200 million from Quinag Bidco Limited and 360 million from TPG Fett Holdings Pte. Ltd, achieving Unicorn status
Fractal UK was certified as a ‘Great Place to Work’ by Great Place to Work Institute, UK
Fractal USA was certified as a ‘Great Place to Work’ by Great Place to Work Institute, USA
Fractal Australia was certified as a ‘Great Place to Work’ by Great Place to Work Institute, Australia
Symphony was certified as a ‘Great Place to Work’ by Great Place to Work Institute, Ukraine
Crux recognized as a ‘Representative vendor’ in Market Guide for Augmented Analytics, 2022 By Gartner, Inc.
Fractal along with Analytics Vidhya, India's largest analytics & data science community, set a GUINNESS WORLD RECORDS™ title of 'Most Viewers of an Artificial Intelligence programming lesson live stream on a bespoke platform' at 1729.
2023
Crux Intelligence as a ‘Notable Vendor’ in the Augmented Business Intelligence Platforms Landscape, Q1 2023 by Forrester Research, Inc.
Recognized as a ‘Leader’ among the ‘Customer Analytics Service Providers’ in the The Forrester Wave™: Customer Analytics Service Providers, Q2 2023 by Forrester Research, Inc.
Recognized as a ‘Representative Vendor’ in Market Guide for E-Commerce Merchandising Solutions for Unified Retail Commerce, 2023 by Gartner, Inc.
Recognized as a ‘Representative Vendor’ in Hype Cycle for Finance Analytics, 2023 by Gartner, Inc.
Recognized as a 'Leader' among Data Engineering service providers, in Data Engineering Services PeMa Quadrant 2023, by Analytics India Magazine.
Recognized as a ‘Leader’ in ISG Provider Lens: Leaders in Data Science Services & Data Engineering Services - Specialist Analytics Providers, 2023 by Information Services Group, Inc.
Fortune | Employer of the future certificate
Best firm for women in tech – Analytics India Magazine -TheRising2023
The Economic Times Future Ready Organization
2024
Recognized as a ‘Leader’ in Analytics and AI Services Specialists PEAK Matrix® Assessment 2024 by Everest Global, Inc.
Recognized as a ‘Notable Provider’ in The AI Services Landscape, Q1 2024 by Forrester Research, Inc.
Recognized as a Great Place to work in India, USA, UK, Canada, Australia
Recognized as a ‘Leader’ in 'Specialty Analytics Series 2024 - Life Sciences and Healthcare ISG Provider Lens™ Study
Recognized as a ‘Leader’ in 'Specialty Analytics Series 2024 - Retail ISG Provider Lens™ Study
Recognized as a ‘Leader’ in 'Specialty Analytics Series 2024 – Supply Chain ISG Provider Lens™ Study
Recognized as a Representative Vendor in Gartner Market Guide for Retail Assortment Management Applications: Short Life Cycle Products
Recognized as a ‘Leader’ in Analytics India Magazine’s Data Science PeMa
Launched MarshallGoldsmith.ai: an AI avatar of the esteemed executive coach and Kalaido.ai the text-to-image platform
Kalaido generated a whopping 500K images
Launch of ‘Vaidya.ai’ – a multi-modal healthcare AI platform designed to provide free and accessible healthcare assistance to individuals.
Garnered Rs.100 Billion in cumulative revenue
Flyfish mentioned as a ‘Sample Vendor’ in Guided Selling Assistant Category in Gartner Tool: Digital Commerce Technology Vendor Guide
