Fractal Invests $20 Million in Asper.AI for Global Expansion

Fractal has announced a $20 million strategic investment in its product company, Asper.AI, as stated in a press release. The funding is aimed at scaling Asper.AI's product development and expanding its enterprise customer base globally.

Pranay Agrawal, Co-Founder and CEO of Fractal, expressed enthusiasm about the investment, highlighting Asper.AI's growth and innovation over the past three years. The investment will support Asper.AI's vision of building an autonomous growth AI platform, attracting experienced talent, and expanding product offerings.

Asper.AI, co-founded by Mohit Agarwal, focuses on providing AI solutions for consumer goods and manufacturing sectors. The platform leverages AI for interconnected and automated decisions across demand forecasting, revenue growth management, inventory planning, and sales execution. With this investment, Asper.AI aims to enhance its capabilities and deliver transformative AI solutions to enterprises worldwide.