The SEBI has issued observation letter on the draft document of Fractal Analytics on November 18. Now the company can float its IPO within the next one year.
In 2025, Fractal spent Rs 144 crore ($16.6 million) on R&D, with an average 6% spend on R&D over the past three years
Fractal joins the growing wave of firms seeking to go public in India on the heels of two IPOs this month that raised more than $1 billion each
The list of technology companies planning to tap the IPO markets includes companies such as Groww, Lenskart, Meesho, Pine Labs, Fractal Analytics and PhysicsWallah.
For India, the stakes are especially high. Startups such as Gan.ai, Gnani.ai and Soket AI Labs, selected to build foundation models under the IndiaAI Mission, face a unique challenge: how to curate clean human-created datasets in an increasingly synthetic web
Fractal, known as India’s first AI unicorn, may seek a valuation of at least $3.5 billion in the share sale, the people said, asking not to be identified because the deliberations are private
The IPO size is likely to be in the range of $500-600 million and will comprise a large share of secondary share sales by existing investors.
Apax Partners and TPG-backed Fractal Analytics was founded in 2000 by five graduates of IIM Ahmedabad and attained unicorn status in February 2022
Generative AI has shown productivity gains across segments, which could be both an opportunity and a challenge.
Velamakanni talks about why their revenue from India is almost zero, when they want to go public, and how they sift through half a million resumes a year when they hire talent
A Mumbai based company Fractal Analytics, a brainchild of Srikanth Velamakanni and Pranay Agarwal, computationally crunched the big data as the use of predictive analytics on large data set to reveal patterns, trends, human behaviour so as to predict your future course of action.
TA Associates, a leading global growth private equity firm, and Fractal Analytics, a global provider of advanced analytics to Fortune 500 companies, today announced that TA Associates has acquired a minority stake in the company for an investment of $25 million
TA Associates has acquired a minority stake in Fractal Analytics for an investment of $25 million.
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