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Pranay Agrawal

Funds Advised by Apax Partners Invest USD 200 Million in Fractal Analytics

Investment Will Accelerate Fractal’s Path to a $1 Billion-Revenue Company in the AI Space Funds advised by Apax Partners have announced a definitive agreement to invest USD 200 million for a significant minority stake in Fractal Analytics, a global provider of AI to Fortune 500 clients. The transaction, which consists of a secondary stake acquired from existing shareholders and a primary investment into the business, is expected to close by February 2019. Founded in 2000 with the vision of powering every human decision in…