Fractal invests $20 million in Asper.AI to accelerate growth in consumer goods AI
Fractal, a global enterprise AI solutions provider, has announced a $20 million strategic investment in Asper.AI, one of its product companies specializing in AI-driven growth platforms for consumer goods and manufacturing. This investment is aimed at propelling Asper.AI’s next phase of expansion, focusing on scaling product development and broadening its enterprise customer base worldwide.
Pranay Agrawal, Co-Founder and CEO of Fractal, emphasized Asper.AI’s rapid growth and innovation over the past three years. “We are thrilled to continue our partnership with Asper’s team to drive the next phase of growth,” Agrawal stated. “The phased investment will fuel Asper’s vision, unlocking new opportunities for enterprise customers.”
Asper.AI’s platform is designed to provide interconnected and automated decision-making across key growth levers, including demand forecasting, revenue growth management, inventory planning, and sales execution. This approach addresses the challenges faced by consumer goods leaders who require more than just AI, but a scalable partner that understands their operational needs.
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Mohit Agarwal, Co-founder & CEO of Asper.AI, highlighted the platform’s ability to transform data into actionable decisions. “This investment from Fractal further enables us in building our autonomous growth AI platform, attract experienced talent, and expand our product offerings to meet the growing demand for cutting-edge AI platforms,” Agarwal said.
Anuj Kaushik, Co-founder & Chief Commercial Officer of Asper.AI, noted the positive market response to their product capabilities. He emphasized that their platform eliminates the need for companies to make significant in-house investments in AI talent, infrastructure, and model training.
Asper.AI, with a multidisciplinary team across global locations, is focused on delivering transformative AI solutions for enterprises. The investment from Fractal strengthens its position to expand its impact and enhance value for its growing customer base.
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