Key Facts: 

Fractal Analytics Pvt Limited is a multinational artificial intelligence company which provides services in packaged consumer goods and financial sector. 

The company is headquartered in New York City and Mumbai. 

Prime Highlights: 

Fractal announces a $20 million investment in Asper.ai, an AI platform for consumer goods and manufacturing sectors. 

The funding will support Asper.ai’s product development and expansion of its global enterprise customer base. 

Key Background: 

Fractal, a leading global provider of enterprise AI solutions, has announced a strategic investment of $20 million in Asper.ai, an AI platform tailored for the consumer goods and manufacturing sectors. This funding will support Asper.ai’s next phase of growth, with a primary focus on scaling its product development and expanding its enterprise customer base internationally. 

Pranay Agrawal, co-founder and CEO of Fractal, expressed enthusiasm about the partnership, highlighting Asper.ai’s remarkable growth and innovation over the past three years. Agrawal emphasized that this phased investment will empower Asper.ai to unlock new opportunities for enterprise customers globally, positioning the platform for continued success. 

Asper.ai, co-founded by Mohit Agarwal, is designed to help consumer goods companies leverage AI to scale operations effectively and drive actionable insights. Agarwal noted that the investment from Fractal will bolster Asper.ai’s ability to enhance its autonomous growth AI platform, attract top talent, and expand its product offerings in response to the increasing demand for advanced AI solutions in the market. 

Anuj Kaushik, co-founder and chief commercial officer of Asper.ai, shared that the positive market reception to their platform underscores the growing need for purpose-built AI solutions. He explained that building such capabilities in-house requires significant investment in talent, infrastructure, and ongoing model training. Asper.ai’s vertically integrated solutions help eliminate these challenges, enabling businesses to achieve rapid value from AI technologies. This strategic investment signals Fractal’s commitment to advancing AI innovation and reinforcing Asper.ai’s position in the competitive AI landscape, ultimately supporting the transformation of enterprise operations through cutting-edge artificial intelligence.