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Fractal Analytics, India's first AI unicorn, has filed for an IPO in Mumbai, potentially valuing the company at over $3.5 billion. The IPO aims to raise approximately $560 million, with existing investors selling a significant portion of their shares. Fractal intends to capitalize on the growing investor interest in AI and India's increasing adoption of consumer technologies. Fractal Analytics, a provider of artificial intelligence and analytics services, filed for an initial public offering in ...Read More >
New Delhi, Jul 15 (PTI) IPO-bound Fractal's shareholders have raised USD 172 million at an enterprise value of USD 2.4 billion, sources aware of the development said. Earlier, Fractal raised USD 685 million in funding from investors like TA, TPG and Apax, according to market research firm Tracxn. Also Read | Aadhaar Free Update: Government Requests Parents to Update Children's Aadhaar Biometrics Between Age 5-7, Free of Cost. "The total amount raised is USD 172 million at a valuation of USD 2 ...Read More >
New Delhi, Jul 15 (PTI) IPO-bound Fractal's shareholders have raised USD 172 million at an enterprise value of USD 2.4 billion, sources aware of the development said. Earlier, Fractal raised USD 685 million in funding from investors like TA, TPG and Apax, according to market research firm Tracxn. "The total amount raised is USD 172 million at a valuation of USD 2.44 billion. The entire transaction is secondary in nature. No funds have come into Fractal," the source said. The query sent to the ...Read More >
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