Fractal Analytics Receives USD 200M from Apax Partners

Fractal AnalyticsFractal Analytics, a provider of AI to Fortune 500 clients, received a USD200m minority investment from Funds advised by Apax Partners.

The transaction, which consists of a secondary stake acquired from existing shareholders and a primary investment into the business, is expected to close by February 2019.

The company will use the funds to accelerate growth, both organically and through M&A, and to invest further in AI products and research.

Founded in 2000 by Srikanth Velamakanni, Co-founder, Group Chief Executive and Executive Vice-Chairman, and Pranay Agrawal, CEO, Fractal Analytics is a strategic analytics and AI solutions company serving Fortune 500 companies globally.
Within its ecosystem across industries, Fractal has built several AI product startups, including:
– to help radiologists make diagnostics’ decisions.
– to help executives make tactical and operational decisions.
– Trial Run to improve strategic and operational decisions.

Fractal has more than 1,200 consultants spread across 15 global locations including the United States, UK and India.



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