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SRIKANTH VELAMAKANNI
Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
Fractal Analytics Q4 Results: Profit more than doubles to Rs 116 croreFractal Analytics reported a significant financial leap, with its Q4 profit after tax doubling to Rs 116 crore, fueled by an impressive 82%...
Enterprise AI firm Fractal Analytics posts 17% rise in Q4 revenue; profit doubles to Rs 115 croreFractal Analytics saw a sharp profit increase in the March quarter, fueled by strong demand for enterprise AI services. Revenue grew 17% ye...
OpenAI, Anthropic tap PE muscle to disrupt $300 billion IT services marketAI giants OpenAI and Anthropic are forging major joint ventures with private equity firms, injecting billions to accelerate AI adoption acr...
AI to accelerate India's tech industry, not a threat; tech to continue hiring people: Nasscom ChairSrikanth Velamakanni has taken over the top leadership charge of NASSCOM (National Association of Software and Service Companies) at a time...
Gold loan startups find new shine; Infy Q4 profit jumpsHappy Friday! Gold loan fintechs are moving towards building their own loan books. This and more in today's ETtech Morning Dispatch.
New Nasscom chair flags AI-led structural shiftThe Indian technology sector faces major changes due to AI. Srikanth Velamakanni, the new Nasscom chairperson, highlights both challenges l...
Nasscom appoints Fractal cofounder Srikanth Velamakanni as ChairmanSrikanth Velamakanni takes the helm at Nasscom as the new Chairperson, succeeding Sindhu Gangadharan. With a robust background in AI and an...
Fractal's AI clients keep spending more every year; here's the number that explains why: Srikanth VelamakanniFractal Analytics demonstrates strong client retention with a 114% net revenue retention, indicating existing clients are increasing their ...
India’s Rs 10,000 crore AI mission fund akin to weekend expense for OpenAI: Fractal CEOSrikanth Velamakanni was speaking at a panel discussion at the ET AI Awards 2025. He pushed for an “India model” on the likes of Aadhaar an...
As the ET AI Awards 2025 jury prepares to meet, Srikanth Velamakanni explains his search for frontier AIAs Co‑founder and Group CEO of Fractal, juror Srikanth Velamakanni brings the lens of scientific rigour to the ET AI Awards 2025. Having he...
Buy Metro Brands, target price Rs 1,400: JM FinancialJM Financial recommends a buy for Metro Brands, setting a target price of Rs 1,400, anticipating an increase from the current market price ...
Sell Metro Brands, target price Rs 925: HDFC SecuritiesHDFC Securities suggests selling Metro Brands shares, setting a target price of Rs 925. Metro Brands, a large-cap leather company, reported...
Buy Metro Brands, target price Rs 1,460: Motilal Oswal Financial ServicesMotilal Oswal Financial Services has given a buy rating for Metro Brands with a target price of Rs 1,460, citing strong store economics and...
Fractal AI turns unicorn with $360 million funding from TPGThe transaction is a mix of primary investment and secondary share purchase from funds advised by Apax Partners. The British private equity...
Fractal Analytics looks to raise Rs 475 crore from private equity investorsGlobal growth PE firm TA Associates, which invested Rs 150 crore for a minority stake in the company in 2013, will also look at partially e...
TA Associates to invest Rs 150 crore in Fractal AnalyticsAmerican private equity fund TA Associates is set to invest 150 crore to pick a minority stake in Fractal Analytics