Ipo-Bound Fractal Shareholders Raise Usd 172 Mn
Summary by News18 India
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IPO-bound Fractal shareholders raise USD 172 mn
·India
Read Full ArticleFractal raises $170 Mn funding, valued at $2.44 Bn ahead of IPO | Business Review Live | Business News, Reviews | Entrepreneur Stories, Interviews
Artificial intelligence (AI) analytics company Fractal Analytics has secured $170 million (approximately ₹1,461 crore) through a secondary share sale, placing its valuation at $2.44 billion (₹20,978 crore). The transaction involved the sale of a 6% stake by long-term investor Apax Partners. A group of 22 investors acquired the shares, including entities advised by Trust Investment Advisors and funds managed by White Oak Capital Management, Gaja …
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