AI unicorn Fractal invests $20 million in Asper.AI

Fractal, a global provider of enterprise AI solutions and services, has announced a $20 million strategic investment in Asper.AI, one of its product companies focused on AI-driven growth solutions for consumer goods and manufacturing.

The funding aims to power Asper's next phase of growth, focusing on scaling its product development and expanding its enterprise customer base across the globe. 

Fueling the next phase of growth

Pranay Agrawal, Co-Founder and CEO of Fractal, emphasized Asper’s rapid progress and the company's commitment to driving its next phase of expansion.

"Asper has demonstrated exceptional growth and innovation in just three years. We are thrilled to continue our partnership with Asper's team to drive the next phase of growth. The phased investment will fuel Asper's vision, unlocking new opportunities for enterprise customers," Agrawal added.

What does Asper.ai do?

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 Sales Execution. The platform unlocks growth and transforms organisations into adaptive intelligent enterprises.

It has built a multidisciplinary team across Bengaluru, New York, London, and San Francisco, with a strong focus on customer centricity and culture.

"The last 3 years have been a thrilling and rewarding journey of building an AI platform in the midst of all the tech innovation. Consumer goods leaders need more than AI—they need an ally that scales with their operations, speaks their language, and turns data into actionable decisions. This investment from Fractal further enables us in building our autonomous growth AI platform, attract experienced talent, and expand our product offerings to meet the growing demand for cutting-edge AI platforms," said Asper.ai Co-founder & CEO Mohit Agarwal.