The Venture Codex Logo

The Venture Codex

Fractal

Suite 76J, One World Trade Center, New York, 10007, United States

Overview

Founded in 2000, Fractal Analytics builds and deploys enterprise-grade artificial-intelligence and analytics platforms that help large corporations derive actionable insights from data. Its offerings span end-to-end AI solutions and decisioning tools used across multiple industries. Over the six months ended September 2025, Fractal generated operating revenue of Rs 1,559 crore, up from Rs 1,300 crore in the prior-year period, while posting a net profit of Rs 70.9 crore versus Rs 72.9 crore a year earlier. The company last raised $170 million in July 2025 at an estimated valuation of Rs 20,978 crore ($2.44 billion). In preparation for a public listing, Fractal has trimmed its IPO size and is willing to price shares at a roughly 26% discount to its most recent private valuation, signalling a focus on broadening its investor base. At the IPO price band of Rs 857-900 per share, the firm’s post-money valuation would be about Rs 15,473 crore ($1.71 billion). Management believes public-market investors will evaluate the business differently from specialist private backers, potentially enabling long-term capital access. The company’s growth strategy centers on expanding its AI product suite and deepening penetration within existing enterprise clients while pursuing new verticals.

Total raised
$823M
Funding rounds
6
Latest round
Equity
Latest activity
Feb 2026

Industries

  • Analytics
  • Artificial Intelligence (AI)
  • Big Data
  • Business Intelligence
  • Consulting
Visit website

Recent funding

  1. Equity

    Feb 2026

    $138M

  2. Equity

    Jan 2022

    $360M

  3. Equity

    Jan 2019

    $200M

  4. Equity

    May 2016

    $100M

  5. Equity

    Jun 2013

    $25M

Team

  • Pranay Agrawal

    Co-founder and CEO

    LinkedIn
  • Jerry Roche

    CEO, Trial Run

    LinkedIn
  • Ashwath Bhat

    Executive

    LinkedIn
  • Srikanth Velamakanni

    Co-Founder, Group Chief Executive and Vice Chairman

    LinkedIn