New Delhi

Indigenous AI firm Fractal Co-Founder and Group Chief Executive of Fractal Srikanth Velamakanni has been appointed the new Chairman of Nasscom, the apex IT industry body said on Thursday.

He succeeds Sindhu Gangadharan, Managing Director, SAP Labs India, who completes a distinguished term as Chairperson in April 2026.

"Srikanth Velamakanni appointed Chairperson of Nasscom. Kishor Patil elected as Vice Chairperson," the statement said.

Patil is CEO and Managing Director at KPIT.

Velamakanni assumes the role after serving as Vice Chairperson of Nasscom and as an Executive Council member for over six years.

Nasscom said that as a co-founder of one of India's earliest and most prominent AI-first enterprises, he brings deep expertise in enterprise AI, analytics, responsible technology, and global go-to-market to the role, at a defining moment for the industry.

Velamakanni will work closely with Nasscom President Rajesh Nambiar and the Executive Council to steer the industry's agenda across a set of interconnected priorities that reflect where the global technology landscape is headed, the statement said.

"The focus will be on accelerating services transformation with AI while simultaneously catalyzing product innovation and Agentic AI to position India as a leading source of autonomous, multiagent systems and vertical AI products for global markets," the statement said.

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Velamakanni said that he is delighted to take on the role of Nasscom Chairperson at this incredibly important juncture.

"AI progress is unlocking unprecedented opportunities for enterprises, large and small, to reimagine their businesses. India will play a pivotal role in this AI-led transformation. Over the coming year, our focus will be to drive the next cycle of AI-powered growth across services and products and prepare our workforce to lead with AI," he said.