AI company Fractal made a $20M investment in one of its product companies, Asper.ai, a NYC-based provider of an AI for growth platform for consumer goods and manufacturing.
The company intends to use the funds to expand its impact, and enhance value for its customer base.
Led by CEO Mohit Agarwal, Asper.ai enables interconnected and automated decisions leveraging its proprietary AI for growth platform across 4 growth levers:
- Demand Forecasting and Planning,
- Revenue Growth Management,
- Inventory Planning, and
- and Sales Execution.
Fractal’s businesses also include Flyfish (GenAI platform for search & product discovery), and Analytics Vidhya (one of the world’s largest data science community). The company incubated Qure.ai, a player in healthcare AI for efficient identification and care of Tuberculosis, lung cancer and stroke. Fractal currently has 5000+ employees across 18 global locations, including the USA, Canada, UK, Netherlands, Ukraine, India, Singapore, South Africa, UAE and Australia.
FinSMEs
20/03/2025