SaaS Fractal To Pump $20 Mn In AI-Led Product Arm Asper.AI

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SUMMARY

The infusion will enable Asper.AI to scale up product development, hire experienced talent and expand its product offerings

Founded under the aegis of Fractal in 2022, Asper.AI leverages AI to help retail businesses automate demand forecasting, inventory planning, among others

Meanwhile, Fractal slipped into the red in FY24 with a consolidated net loss of INR 54.7 Cr while clocking an 11% YoY growth in revenues to INR 2,196.3 Cr

SaaS unicorn Fractal has announced a strategic investment of $20 Mn (INR 172 Cr) in its…



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SaaS Fractal To Pump $20 Mn In AI-Led Product Arm Asper.AI


SUMMARY

The infusion will enable Asper.AI to scale up product development, hire experienced talent and expand its product offerings

Founded under the aegis of Fractal in 2022, Asper.AI leverages AI to help retail businesses automate demand forecasting, inventory planning, among others

Meanwhile, Fractal slipped into the red in FY24 with a consolidated net loss of INR 54.7 Cr while clocking an 11% YoY growth in revenues to INR 2,196.3 Cr

SaaS unicorn Fractal has announced a strategic investment of $20 Mn (INR 172 Cr) in its…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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