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Over the last three years, Fractal has raised ₹75.2 crore, primarily through the issuance of equity via employee stock ownership plans. Ahead of the Draft Red Herring Prospectus (DRHP) filing, Apax sold 1,541 shares to Janaki Akella, an independent director at the company, for ₹5,550 apiece. Subsequently, a bonus issue of four shares for every one share held adjusted the price of every share to ₹1,110.
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.
Over the last three years, Fractal has raised ₹75.2 crore, primarily through the issuance of equity via employee stock ownership plans. Ahead of the Draft Red Herring Prospectus (DRHP) filing, Apax sold 1,541 shares to Janaki Akella, an independent director at the company, for ₹5,550 apiece. Subsequently, a bonus issue of four shares for every one share held adjusted the price of every share to ₹1,110.
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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