Fractal, a company specializing in AI solutions, has revealed a strategic investment of $20 million in Asper.AI, one of its ventures that focuses on AI-driven growth solutions for the consumer goods and manufacturing sectors. This funding is intended to boost Asper.AI’s global reach, enhance product innovation, and expand its enterprise client network.
Asper.AI is committed to revolutionizing business decision-making through AI, addressing critical areas such as demand forecasting, revenue growth management, inventory planning, and sales execution. With operations in Bengaluru, New York, London, and San Francisco, the company aims to provide AI-driven insights that improve business performance.
Pranay Agrawal, co-founder and CEO of Fractal, praised Asper.AI’s rapid progress, stating, “Asper has achieved remarkable growth and innovation within just three years. We are excited to strengthen our partnership and support Asper’s next phase of expansion. This investment will unlock new opportunities for enterprise clients worldwide.”
Mohit Agarwal, Co-founder and CEO of Asper.AI, emphasised that businesses require more than just AI—they need intelligent solutions that integrate seamlessly with operations and translate data into actionable decisions. “With Fractal’s investment, we will enhance our autonomous growth AI platform, attract top talent, and expand our product suite to meet the growing demand for AI-powered business solutions,” he added.
Asper.AI understands that expanding AI solutions in the consumer goods and manufacturing sectors demands substantial investment in AI knowledge, infrastructure, and continuous model training. Founded in 2022, Fractal has been a leader in AI integration for Fortune 500 companies.
The company has developed a varied AI-focused portfolio that includes Asper.AI, Flyfish (a generative AI platform for search and product discovery), and Analytics Vidhya (a prominent data science community). Additionally, Fractal has nurtured Qure.ai, a healthcare AI initiative aimed at identifying tuberculosis, lung cancer, and strokes.
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