Data Analytics Company Fractal Analytics Raises 0 Mn From Malaysian Wealth Fund Khazanah

Data analytics company Fractal Analytics has raised $100 Mn (INR 667 Cr) from Malaysian sovereign wealth fund Khazanah Nasional Berhad. The investment is being marked as one of the largest investments in the technology sector for the year 2016.  This has valued the company at close to $300 Mn (INR 2,000 Cr). Fractal Analytics was founded in 2000 by a five-member team including IIM Ahmedabad alumni Srikanth Velamakanni and Pranay Agrawal, along with Nirmal Palaparthi, Pradeep Suryanarayan, and Ramakrishna Reddy. Nirmal Palaparthi had quit Fractal in 2012 and launched mobile Big-Data startup Mobius Innovations, which was acquired by Fractal in 2015. Fractal Analytics helps consumer companies, retailers and financial institutions understand and influence customer behaviour and manage their marketing, sales and supply chain. With offices worldwide in London, Mumbai, New…


Link to Full Article: Data Analytics Company Fractal Analytics Raises 0 Mn From Malaysian Wealth Fund Khazanah