Press Release – 25 August 2026
Fractal Analytics Ltd (BSE: 544700, NSE: FRACTAL), a global enterprise AI company serving Fortune 500® organizations, issued a press release on 25 August 2026 announcing the launch of a dedicated India Business Unit (India BU). The unit is intended to help India’s large enterprises accelerate business transformation through Fractal’s enterprise‑agentic AI platform, Cogentiq, and other AI‑driven products.
Fractal emphasizes that the new India BU builds on nearly two decades of AI innovation and leadership within the Indian AI ecosystem. The company has partnered with multiple Global Capability Centers (GCCs) across India to meet enterprise transformation needs region‑wide, and its Cogentiq suite has already gained strong traction with Indian institutions.
In addition to commercial activities, Fractal is pursuing societal impact initiatives. It was selected under the IndiaAI Mission to develop a Large Reasoning Model (LRM) for India and has recently signed a partnership with the Brihanmumbai Municipal Corporation (BMC) to deploy AI‑powered citizen health services using Vaidya.ai, described as India’s first healthcare multimodal reasoning platform.
"We've seen a significant increase in interest from Indian enterprises looking to move beyond AI pilots and scale AI‑driven transformation across their businesses. This growing demand, combined with India's rapidly evolving AI ecosystem, makes this the right time for us to establish a dedicated India Business Unit," said Srikanth Velamakanni, Co‑founder, Group CEO and Vice Chairman of Fractal.
To capitalize on the expanding enterprise AI opportunity, Fractal appointed Rishi Seth, a seasoned industry leader, as Head of the India Business Unit. The India BU will operate within Fractal’s APAC practice, which is led by Sandeep Dutta, Chief Practice Officer & Head APAC. "Indian enterprises are at an inflection point in their AI journey. Organizations are looking for trusted partners who can deliver business outcomes at scale. Fractal brings together globally proven AI capabilities, innovative products/platforms and strong domain expertise to help Indian enterprises accelerate their business transformation," said Sandeep Dutta.
About Fractal Analytics Ltd
Fractal Analytics Ltd is a globally recognized pure‑play enterprise AI company trusted by Fortune 500‑sized enterprises to power decision‑making through AI services, solutions, and products. Its strategy is organized around three pillars: AI‑led Transformation (AIT), AI Foundations (AIF), and AI Work & Workforce (AIW). All three pillars are powered by Cogentiq, Fractal’s flagship agentic AI platform.
The firm employs over 6,000 professionals across North America, EMEA, and Asia‑Pacific. It invests more than 6 % of its revenue in AI research and development, supporting foundational AI research, product development, and intellectual‑property creation that address both immediate client needs and long‑term technological advancement.
Fractal’s portfolio includes proprietary models and products such as Vaidya.ai and PiEvolve, and it has incubated and spun out Qure.ai, a global healthcare AI leader focused on rapid identification and management of tuberculosis, lung cancer, and stroke. Its suite of businesses also comprises Asper.ai, a revenue‑growth‑management product for CPG companies, and Analytics Vidhya, an ed‑tech platform.
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