Latest news with #Kaleido
Entrepreneur
29-06-2025
- Business
- Entrepreneur
We see Agentic AI as a Once-in-a-Lifetime Opportunity: Srikanth Velamakanni
With a team of more than 5000 professionals worldwide, Fractal has also built cutting-edge AI platforms such as which applies AI to assist people in medical diagnosis and Kaleido, India's first text to image diffusion model You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Tech 25: Srikanth Velamakanni, Co-founder, Group Chief Executive and Executive Vice Chairman of Fractal Fractal Analytics was founded in 2000 with a vision to empower organisations through data-driven decision-making. At a time when analytics was still nascent, Fractal believed in the transformative potential of data and AI to solve complex business challenges. Over the years, Fractal has evolved into a global AI powerhouse, serving over 100 Fortune 500 companies across sectors. Fractal first started looking at AI in 2010, when AI research had started seeing some results with speech analytics. The company started Fractal Sciences, an R&D division in 2011, to work on AI products spending about 13 per cent of annual revenue on R&D. As technology progressed, Fractal incubated AI companies within its fold, starting with in 2015 under a newer entity, Fractal Alpha, and focused on building AI products for industry-specific use cases. Fractal Alpha includes companies that are incubated by Fractal, like Crux Intelligence, and With a team of more than 5000 professionals worldwide, Fractal has also built cutting-edge AI platforms such as which applies AI to assist people in medical diagnosis and Kaleido (India's first text to image diffusion model). "India stands at a pivotal moment, ready to lead the next wave of AI innovation. But to truly harness this potential, businesses must double their investment in technology. Today, Indian companies spend just 2-3 per cent of their revenue on tech. This needs to increase significantly to fully capitalize on AI's promise. At Fractal, we are committed to driving this transformation by building high-quality AI products that address India's unique needs," says Srikanth Velamakanni, Co-founder, Group Chief Executive and Executive Vice Chairman of Fractal. Recently, Fractal AI's Project Ramanujan introduced a groundbreaking reasoning system to enhance the capabilities of large language models (LLMs) by integrating deep mathematical reasoning, enabling it to tackle complex tasks such as Olympiad-level mathematics and strategic games like chess. Looking ahead, Velamakanni says Fractal plans to introduce Cogentiq, an agentic AI platform for B2B applications, and Ramanujan, an advanced AI model for reasoning and coding. Additionally, the company is developing Project Pioneer, a multi-agent AI system designed for real-world applications like software development. Today, Fractal is making a bold bet on agentic AI. "Today, our revenues come from AI systems that power enterprise decisions, and many of these systems are now evolving to become agentic. We see this as a once-in-a-lifetime opportunity to reimagine every business process with AI, from marketing and customer service to trade finance and healthcare," says Velamakanni. Asked what is one of the biggest challenges businesses face today, Velamakanni says it is building sustained trust in a rapidly evolving, tech-driven landscape. As AI and data become central to decision-making, clients and consumers alike are more cautious about how their data is used, how transparent the models are, and whether the solutions are genuinely adding long-term value or simply riding a hype wave. "Overcoming this requires more than just technical excellence. It calls for a culture of responsibility, deep domain empathy and an unwavering commitment to outcomes, not just outputs," he says. Company facts:
Yahoo
14-05-2025
- Business
- Yahoo
Kaleido Life Introduces the Third Way to Fund Your Future: Cash. Credit. Kaleido.
Kaleido Life, Inc. is reimagining the $1.4 trillion life insurance industry with a bold, tech-forward approach—anchored in AI, hyper-personalization, and its groundbreaking 'cash paid upfront' model that delivers real-time value to Courtesy of Craig Du Bruyn ATLANTA, May 14, 2025 (GLOBE NEWSWIRE) -- Forget cash or credit. Kaleido Life is pioneering a third way to fund your life—by inheriting from your future self, today. Currently in pre-launch, Kaleido Life is an Atlanta-based insurtech company building a new category in life insurance: interest-free, upfront cash benefits delivered at the start of a policy—not at the end of life. Designed for today's generation of value-seekers, the platform uses AI, biometrics, and behavioral science to offer hyper-personalized liquidity with no loans, no interest, and no credit checks. 'Our product is the bridge between people's dreams and their reality,' said Craig Du Bruyn, Founder and CEO of Kaleido Life. 'Life insurance is simply how we deliver it. It's not a loan—it's your money, unlocked.' Not Borrowed. Not Earned. Inherited. Through Kaleido's proprietary Life Liquidity Score™, qualified customers receive up to 25% of their death benefit in cash at policy inception. The system dynamically evaluates mortality, health behaviors, and lifestyle to determine eligibility and tiered benefit levels. The funds can be used for real needs—paying off student debt, funding a first home, starting a business, or taking a life-changing leap—without sacrificing long-term protection. Unlike traditional life insurance, which only pays out after death, or loans that burden the future with interest, Kaleido offers an immediate and debt-free bridge between aspiration and reality. Built for Living, Not Just Leaving Kaleido's tech stack eliminates the typical friction in life insurance onboarding. Its AI-powered underwriting engine delivers real-time decisions, while its 360° Wellness Matrix integrates with wearables like Apple Watch and Oura Ring to promote long-term engagement. Healthier habits can lead to increased benefits, cashback rewards, and lower premiums over time. The result: a feedback loop that makes financial well-being and physical well-being mutually reinforcing. 'We don't just predict risk—we predict potential,' said Craig Du Bruyn. 'Even if someone doesn't qualify today, we guide them toward it. Our system reflects real lives—not just data points—and we build life insurance around what people actually need to live better now.' From Passive Product to Active Platform Kaleido Life isn't competing on price—it's competing on access, immediacy, and relevance. With 125 million Americans uninsured and 50% of policyholders saying they'd switch providers for a better experience, the company is positioning itself not just as an insurer—but as a financial wellness ally. Distribution is designed for the modern world: embedded finance partners, AI-powered influencer ecosystems, and social distribution models that scale trust—not just impressions. 'Kaleido isn't just another fintech—they're building what legacy institutions can't,' said Gary Bennett, former CEO and Chairman of CreditAccess Life and Seguros Monterrey New York Life. 'This is the transformation the industry has been waiting for.' About Kaleido Life, Inc. Kaleido Life, Inc. is a pre-launch insurtech company based in Atlanta, Georgia, redefining the purpose of life insurance. Through AI, biometric data, and a proprietary liquidity engine, Kaleido enables policyholders to access future value today. With no loans, no interest, and no credit checks, the company's Life Benefits™ platform is transforming life insurance from a passive promise into an active tool for financial and personal freedom. Contact Information: Contact Person's Name: Craig Du BruynOrganization / Company: Kaleido Life, website: Email Address: craig@ State / Province, Country, Zip Code: Atlanta, GA A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
26-04-2025
- Business
- Time of India
Operator planned to set up crypto exchange in Gujarat
Mumbai: The Dubai-based FairPlay operator intended to establish a cryptocurrency exchange in Gujarat but abandoned the plan after the government imposed tax regulations on crypto transactions two years ago. According to the ED chargesheet, FairPlay promoter Krish Shah accumulated illicit profits from online gaming through bitcoin transactions to avoid detection. He also provided cryptocurrency transfer services, which drew him towards the crypto business despite his lack of expertise. Shah aimed to expand FairPlay operations across multiple countries, with separate currencies for each territory after having his crypto exchange. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai In his statement to ED, arrested accused Chintan Shah disclosed their cryptocurrency and blockchain business aspirations, mentioning that Kaleido (a blockchain platform) planned to develop the INDT Wallet App for Krish Shah and offered assistance in creating unique cryptocurrencies. The chargesheet, citing Chintan's statement, revealed that Krish was pursuing crypto-related licences for the app whilst being uncertain about managing such projects due to their inexperience. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending local enterprise accounting software [Click Here] Esseps Learn More Undo Krish Shah intended to establish his venture at Gift City Ahmedabad. "However, they abandoned this plan following the government's implementation of a 30% tax on cryptocurrency transactions in 2023." ED investigations, including mobile phone examinations, revealed Krish Shah's involvement in cryptocurrency operations to layer his illegal betting app earnings whilst pursuing his own crypto exchange. According to arrested accused Chirag Shah's statement, a WhatsApp group called Crypto Exchange IND was created to launch a new crypto exchange in India. The group comprised himself, his brother Chintan, Krish Shah and Siddhant lyer alias Joe Paul. Chirag informed ED officials that FairPlay aimed to create a regulated cryptocurrency wallet for the global market, enabling users to store cryptocurrency in hot and cold wallets, but the project stalled due to compliance and technical security challenges. Evidence from the WhatsApp group demonstrated that Siddhant lyer alias Joe Paul transferred USDT to Betfair (a listed betting company in London) to provide odds for online betting and gaming.
