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Fractal Analytics hiring 1,000 software engineers, graduates

Source | | PTI

Fractal Analytics, which is a leader in artificial intelligence and analytics for the past two decades, is hiring 1,000 software engineers and graduates from the humanities stream to power its higher revenue run rate that’s expected to sniff at Rs 1,400 crore this fiscal. The privately held company closed FY21 with a revenue of Rs 1,000 crore, a growth of 16 per cent over 2019-20, and has set a target of clocking at least 37 per cent growth over this, according to a top company executive.

Fractal was founded in 2000 in Mumbai by Srikanth Velamakanni (vice-chairman and group chief executive), Pranay Agrawal (chief executive) Nirmal Palaparthi, Pradeep Suryanarayan and Ramakrishna Reddy.

“We hired close to 600 in 2020-21, 250 of them from the campuses. We will add 1,000 more to our headcount in FY22, as we’ve set a revenue growth target of at least 37 per cent (Rs 1,370-1,400 crore) this fiscal. We closed FY21 with a topline (revenue) of Rs 1,000 crore,” Velamakanni told.

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