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India’s merchandise exports touched $37.24 billion in July, marking a

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AI solutions company Fractal files for nearly Rs 5,000 crore IPO

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AI solutions company Fractal files for nearly Rs 5,000 crore IPO

BENGALURU: Enterprise AI solutions company Fractal Analytics has filed draft papers with Sebi for an IPO of up to Rs 4,900 crore. The offer comprises a fresh issue of shares worth Rs 1,279 crore and an offer-for-sale of Rs 3,621 crore. Founded in 2000 by Srikanth Velamakanni and Pranay Agrawal, Fractal provides AI-driven decision-making support to large enterprises across sectors. Fractal’s revenue from operations rose 26% to Rs 2,765 crore in FY25 from Rs 2,196 crore a year ago. Net profit was Rs 220.6 crore in FY25, against a net loss of Rs 54.7 crore in the previous year.





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