People · AI & Deep Tech

Fractal Analytics' CCO Matthew Gennone resigns to pursue CEO role elsewhere

By Startup Enthusiast · 25 September 2026

What they do

Fractal Analytics provides AI and analytics consulting to large enterprises globally

Matthew Gennone resigned as Chief Commercial Officer and CEO of Cogentiq, effective October 2, 2026, to pursue a CEO role at another organization

Srikanth Velamakanni will oversee Cogentiq on an interim basis while commercial responsibilities are distributed to business units

Fractal Analytics announced the resignation of Matthew Gennone, who served as Chief Commercial Officer and CEO of its Cogentiq division, effective October 2, 2026.
Gennone resigned to pursue a CEO opportunity at another organization, as disclosed under SEBI regulations.
Srikanth Velamakanni will oversee Cogentiq on an interim basis while commercial responsibilities are distributed to respective business units.
The company stated that it does not anticipate any disruption to business operations or financial performance from the transition.
The resignation was disclosed on September 23, 2026, by Somya Agarwal, the Company Secretary and Compliance Officer.

Fractal Analytics is a global enterprise AI company serving Fortune 500 clients through AI services, solutions, and products.
Cogentiq is Fractal Analytics' flagship agentic AI platform, designed to enable enterprise decision-making and business outcomes.
The company's consolidated net profit increased by 97.87% to Rs 74.2 crore in Q1 FY27 compared to Rs 37.5 crore in Q1 FY26.
Revenue from operations rose by 19.99% YoY to Rs 912.5 crore in Q1 FY27.

Fractal Analytics provides AI and analytics consulting services to large enterprises globally.
The company's business portfolio includes Cogentiq, an enterprise-grade agentic AI platform, Asper.ai, which focuses on interconnected decisions for revenue growth, and Analytics Vidhya, a data science community.
Fractal helps global organizations transform critical business functions through AI-led transformation, strong AI foundations, and human-centered adoption.
The company has launched several AI solutions, including Vaidya.ai, which powers BMC Health AI Chatbot on WhatsApp for Mumbai.
Fractal has established an India business unit to meet increasing demand from large enterprises.