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Fractal's AI Transformation: From Analytics to IPO Ambitions

  • Fractal's revenue hit Rs 2,196 crore in FY24, with a net loss of Rs 55 crore, marking a shift from profit.
  • The AI unicorn acquired/incubated 15 ventures, including Qure.ai, and aims for a $3 billion IPO.
  • CEO Pranay Agrawal highlights strategic acquisitions for capability growth, not just revenue.

Source: The Arc

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2mo ago
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