# Pranay Agrawal

> Pranay Agrawal co-founded Fractal in 2000 and serves as its Non-Executive Director and CEO of Fractal USA. A Bangalore University commerce graduate and IIM Ahmedabad alumnus, he worked in banking before helping build Fractal’s international client business. His public work emphasizes business decisions, client relationships, employee development and the adoption of AI within enterprise workflows.

- **Role:** Co-founder and Non-Executive Director at Fractal; Chief Executive Officer of Fractal USA
- **Organizations:** Fractal Analytics Limited, Fractal Analytics Inc. (USA), Asper.Ai Technologies Private Limited, Asper.Ai Limited, Asper.Ai Inc., ICICI Bank, ANZ Grindlays Bank
- **Nationality:** Indian
- **Education:** Bachelor of Commerce; older biographies describe the specialization as accounting, Bangalore University, Post Graduate Diploma in Management, Indian Institute of Management Ahmedabad, Financial Risk Manager certification, Global Association of Risk Professionals
- **Known for:** Co-founded Fractal in 2000 and helped develop its US and international client relationships., Appointed Fractal Analytics CEO in November 2016., IIM Ahmedabad Young Alumni Achiever’s Award in entrepreneurship, 2018-19.

## Career timeline

- **1996** — Met future Fractal co-founder Srikanth Velamakanni in IIM Ahmedabad’s Section B classroom in June.
- **1998** — Completed IIM Ahmedabad’s postgraduate management program.
- **Before 2000** — Worked at ICICI Bank and ANZ Grindlays Bank; his ICICI work included fixed-income analytics.
- **2000** — Co-founded Fractal in Mumbai; first appointed to its board on March 28.
- **2005** — Fractal expanded to the United States; an early P&G assignment lasted one week and paid $2,000.
- **2013** — As executive vice president of global client development, discussed Fractal’s predictive analytics and employee-development practices.
- **2016** — Appointed Fractal Analytics CEO on November 2, succeeding Srikanth Velamakanni, who became Group Chief Executive and Executive Vice-Chairman.
- **2019** — Received IIM Ahmedabad’s Young Alumni Achiever’s Award in entrepreneurship for 2018-19.
- **2023** — Returned to IIM Ahmedabad for his class’s twenty-fifth reunion; recognized among AIM’s Top 20 CEOs of Data Science Service Providers.
- **2025** — Delivered a Presidents’ Summit talk in Copenhagen and published his five-stage enterprise AI adoption approach.
- **2026** — Fractal listed on the BSE and NSE on February 16; current company materials identify him as Non-Executive Director and CEO of Fractal USA.

## Achievements

- Co-founded Fractal in 2000 and helped develop its US and international client relationships.
- Appointed Fractal Analytics CEO in November 2016.
- IIM Ahmedabad Young Alumni Achiever’s Award in entrepreneurship, 2018-19.
- Recognized among Analytics India Magazine’s Top 20 CEOs of Data Science Service Providers, 2023.
- Worked on ICICI’s first collateralized bond obligation team and its NYSE listing team, as recorded by IIM Ahmedabad.

## Latest updates

- **2026-05** — Published “From Unstructured Data to Humanistic AI,” reflecting on conversations from Not Just AI.
- **2026-03** — Commented on Fractal’s March 17 launch of LLM Studio for domain-specific enterprise language models using NVIDIA infrastructure and software.
- **2026-02** — Fractal’s equity shares began trading on the BSE and NSE on February 16.
- **2025-12** — Published “From Pilots to Performance,” describing five stages for integrating AI into the core business model.

## Links

- Website: https://fractal.ai/
- LinkedIn: https://www.linkedin.com/in/pranayfractal/

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Profile page: https://yespress.io/pranay-agrawal
Published by YesPress — https://yespress.io
Last updated: 2026-10-21