Fractal Analytics Limited (trading as Fractal) is an Indian multinational artificial intelligence and data analytics company that provides AI-driven decision intelligence solutions to Fortune 500 clients across consumer goods, retail, financial services, healthcare, technology and telecom. Founded in 2000 in Mumbai by Srikanth Velamakanni, Pranay Agrawal, Nirmal Palaparthi, Pradeep Suryanarayan and Ramakrishna Reddy, Fractal operates with dual headquarters in Mumbai and New York City and is among the largest pure-play AI services firms globally. The company listed on NSE and BSE in February 2026, becoming billed as India's first pure-play AI company to go public.
Fractal Analytics is publicly traded
IPO'd on February 16, 2026
This company is no longer available on our private secondary market. Shares can be traded publicly under FRACTAL.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2000
Employees
5,000–6,000
Total Funding
$998M
6 rounds
Last Private Valuation
$1B
January 5, 2022
Total raised $998M across 6 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
IPO
Date
February 11, 2026
Amount
$313M
Valuation
$1.6B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| February 11, 2026 | IPO | $313M | $1.6B | Public markets |
| January 5, 2022 | Series E | $360M | $1B | TPG |
| January 16, 2019 | Series D | $200M | — | Apax Partners |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series E
$1B
Jan 2022
Fractal Analytics today
$1.6B
Feb 2026 · latest mark
Fractal Analytics multiple
1.6x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Pranay Agrawal
Co-Founder & CEO
Srikanth Velamakanni
Co-Founder, Group Chief Executive & Vice Chairman
Nirmal Palaparthi
Co-Founder
Pradeep Suryanarayan
Co-Founder
Ramakrishna Reddy
Co-Founder
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Mu Sigma
Decision sciences company focused on data analytics, AI and ML, headquartered in Northbrook, Illinois.
Tiger Analytics
AI and analytics services firm headquartered in Santa Clara, California offering data modernization, data science and AI engineering.
Tredence
Data science and AI consulting firm delivering insights and engineering across analytics domains.
LatentView Analytics
Publicly listed (NSE) data analytics services firm headquartered in Princeton, NJ and Chennai.
AbsolutData
Analytics and AI services company providing decision support for consumer-facing enterprises (acquired by Infogain).
Bridgei2i Analytics
Enterprise AI and analytics firm based in Bengaluru, India (acquired by Accenture).
Yes, Fractal Analytics is publicly traded under the ticker symbol FRACTAL on the NSE/BSE. The company went public in February 16, 2026.
Fractal Analytics trades under the ticker symbol FRACTAL on the NSE/BSE. It began trading in February 16, 2026.
Fractal Analytics (FRACTAL on the NSE/BSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker FRACTAL to place an order.
Fractal Analytics went public in February 16, 2026 via ipo, with an offering valuation of approximately $1B. Fractal Analytics filed a Draft Red Herring Prospectus in August 2025, received SEBI approval on November 18, 2025, and completed its IPO on February 9-11, 2026 at a price band of Rs 857 to Rs 900 per share, raising approximately Rs 2,833.9 crore (~US$314M). Shares listed on NSE (FRACTAL) and BSE on February 16, 2026, debuting at Rs 876 (a 2.67% discount to issue) and closing the first day 4.37% lower at Rs 837.7. The listing valued the company at roughly Rs 15,500 crore (~$1.8B) at the top of the band, well below earlier pre-IPO expectations of $3.5B+. The IPO was 2.66x subscribed and made Fractal billed as India's first pure-play AI company to list.
Fractal Analytics raised $998M across 6 disclosed funding rounds prior to its public listing.
Fractal Analytics was co-founded by Pranay Agrawal, Srikanth Velamakanni, Nirmal Palaparthi, and 2 others in 2000.
Fractal Analytics is headquartered in Mumbai, India (dual HQ: New York, NY).
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