Fractal is a globally recognized AI company that helps Fortune 500 enterprises make smarter decisions across industries like healthcare, retail, and insurance. Its portfolio includes platforms like Asper.ai for revenue growth, Flyfish for generative AI-driven product discovery, and Analytics Vidhya, one of the world’s largest data science communities. With over 5,000 employees across 18 countries, Fractal combines deep domain expertise with cutting-edge AI to transform strategy, customer experience, and operational efficiency.
Fractal has raised $170 million through a secondary share sale led by Apax Partners, bringing the company’s valuation to $2.44 billion. The buyers include a group of 22 investors and funds advised by Trust Investment Advisors, along with funds managed by White Oak Capital Management, Gaja Capital, and Neo Asset Management. This transaction comes as Fractal prepares for its upcoming IPO, where it aims to raise between $400 million and $500 million, targeting a valuation of approximately $3 billion.
Fractal Analytics, headquartered in New York, United States, was founded in 2000 by Ashwath Bhat, Pranay Agrawal, and Srikanth Velamakanni. In 2022, the company joined the unicorn club. With this latest investment, Fractal plans to accelerate its global expansion and scale its AI product suite. As enterprises worldwide adopt AI at scale, Fractal is enabling data-powered transformation for the world’s leading brands.
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