Fractal Analytics

Business focus

AI, Large Models & AI Chips

Description

Fractal Analytics was founded in 2000 and pivoted from data analytics to AI in 2022, becoming India's leading pure-play enterprise AI firm serving financial services, retail and healthcare. Revenue rose 26% to ₹27.65 billion (~$305M) for the year to March 2025. In February 2026 it completed India's first AI-company IPO, raising $312.5M at ₹900/share, though the stock had a muted debut, sliding below its issue price.