Theremin is powering the evolution of financial investments using Artificial Intelligence. Our deep R&D and technology platform create unique opportunities for investors.


Fractal is one of the leading providers of AI and analytics globally to the world’s most admired Fortune 500® companies. Fractal’s mission is to power every human decision in the enterprise by bringing AI, engineering, and design to solve some of the world’s toughest problems.


The leadership team brings together a shared vision of transforming how business professionals acquire insights, combined with the decades of functional expertise required to turn an ambitious vision into reality


Hemant Vasant


Mr. Hemant Kothavade brings over 24 years of experience in financial services and technology. Of this, 12 years have been on Wall Street in New York with Morgan Stanley, Citigroup and others. In India, for past 12 years, he has worked with Bank of America Merrill Lynch, setup KCG India (formerly known as Getco) and founded Theremin AI Solutions Private Limited (Theremin). He has focused his career on technology-led disruption in the trading markets.

Prior to Theremin, he was chief executive officer of KCG India, a leading algorithmic trading firm globally. He pioneered algorithmic trading setup in India, especially from a global trading firm’s perspective. KCG India traded equity futures and options actively in the India markets. His work has led to several other global algorithmic trading firms entering India. Overall, this has played a significant role in increasing liquidity in the derivatives segment.

With Morgan Stanley, he built options market making engines to automate trading quotes. For Citigroup, he created hedge fund platforms for order routing, trade execution as well as portfolio management in the mid-office. He designed some of the earliest market making algorithms for the New York Stock Exchange’s firm Banc of America Specialists.



Srikanth Velamakanni is the Co-founder, Group Chief Executive, and Executive Vice Chairman of Fractal, one of the leading players in artificial intelligence and digital transformation. Fractal’s mission is to power every human decision in the enterprise and to use the power of AI to help the world’s most admired Fortune 100 companies. Since Srikanth co-founded Fractal in 2000, the company has raised more than $300 million USD from private equity investors and has empowered more than 100 Fortune 500 companies with its AI, data, and analytics-driven business strategies.

Srikanth is also a Co-founder and Trustee of Plaksha University, which focuses on core engineering, AIML, and mathematics, and promotes interdisciplinary learning by bringing together science and liberal arts. In addition, Srikanth is a member of the NASSCOM Executive Council, where he serves as a subject matter expert on data and AI.

Srikanth’s passion for AI and analytics has made him a thought leader in the space and an admired public speaker. He considers himself a lifelong student of mathematics, behavioral economics, neuroscience, and consumer behavior. In his free time, Srikanth reads an average of 40 non-fiction books a year on these subjects, as well as memoirs, biographies, and books on leadership. He also actively follows US politics and American late-night talk shows, such as Stephen Colbert, Trevor Noah, Hassan Minhaj, and Jimmy Kimmel.

Srikanth completed his B.Tech in Electrical Engineering from the Indian Institute of Technology (IIT), Delhi, and holds an MBA in Management, Finance and Marketing degree from the Indian Institute of Management (IIM), Ahmedabad.

Gulu Lalchand


Mr. Gulu Mirchandani is the Founder Chairman of the Onida Group. The flagship company of the Onida Group is MIRC Electronics. He is also Co-founder Chairman of Akasaka Electronics and Iwai Electronics. He was appointed as the President of Consumer Electronics & TV Manufacturer Association (CETMA) for two consecutive years in 1992 & 1994.

He was also the Chairman of the Bombay chapter of the World Presidents’ Organisation (WPO). He is also on the Boards of VIP Industries Limited and KEC International Limited among others. He is an alumnus of BITS Pilani and holds a degree in BE (Mechanical).

Sasha Gulu


Mr. Sasha Mirchandani has completed his Business Administration from Strayer University and MMDP program at IIM, Ahmedabad. He is a Charter Member at TiE Mumbai and was inducted in their 2019 Hall of Fame as an Outstanding Angel Investor.

He is also Past President of Entrepreneurs Organisation (EO) Mumbai. He is also on the Board of Governors of the Universal Business School. He is Managing Director and Founder of Kae Capital and Co-Founder Mumbai Angels. Previously, he was at Blue Run Ventures as Managing Director for the India operations. Before joining Blue Run Ventures, he was CEO and Founder of Imercius Technologies. Earlier, he was at Mirc Electronics (Onida) where he was Head of Corporate Affairs and new business. His investments include Inmobi, Healthkart,1Mg, Myntra, Porter and Fractal Analytics. Mr. Sasha sits on the boards of Hathway Cable and Datacom Limited, Nazara Technologies Limited, Healthkart, Zee Entertainment Enterprises Limited and Mumbai Angels Venture Mentors among others.

Satish Avadhanam


Mr. Satish Raman is an award-winning growth, strategy and corporate development professional with over two decades of experience. He has a track record of developing, formulating & executing organic & inorganic growth, and financing strategies at companies across the areas of advanced analytics, artificial intelligence, technology and tech-enabled services, resulting in significant competitive differentiation and value creation.

His skills, competencies & specialties include – Strategy, Corporate Development, M&A, Growth Strategies, Partnerships & Alliances, Equity & Debt Capital Markets, Investor Relations, Corporate Finance, Negotiations, Structuring, Valuation, Due Diligence & Competitive Positioning.