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Inside IPO-Bound Fractal’s 25-Year-Journey From SaaS Startup To AI Powerhouse


Rome was not built in a day. This idiom is vital in understanding the journey of Fractal Analytics from the early days to its current avatar. What began as a bold idea by two IIM Ahmedabad graduates has, over 25 years, evolved into a global AI powerhouse.

It was the year 2000 when Srikanth Velamakanni and Pranay Agrawal decided to launch Fractal Analytics to solve core business challenges using behavioural and predictive analytics. 

Today, the Bengaluru-based unicorn is not only profitable but is all set for a public listing, but along the…



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by INC42

SUMMARY Info Edge will offload about 3.8 Cr shares of Meritto (formerly NoPaperForms) via the offer-for sale component (OFS) of the edtech SaaS company’s IPO Info Edge said its wholly owned subsidiary Startup Investments Holding Limited (SIHL) has approved the divestment via the OFS route Meritto is reportedly looking to raise between INR 500 Cr to INR 600 Cr ($60 Mn to $70 Mn) at a valuation of around INR 2,000 Cr ($234 Mn) Info Edge will offload about 3.8 Cr shares of Meritto (formerly NoPaperForms) via the offer-for… Source link

by INC42

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by INC42

Nasdaq-listed SaaS major Freshworks narrowed its consolidated net loss by 84.4% to $4.7 Mn in the third quarter of the calendar year 2025 (Q3 2025) from almost $30 Mn in the previous year on the back of a steady rise in customer adoption and strong top line growth. However, loss widened 2.8X from $1.7 Mn in Q2 2025. The company’s revenue jumped 15.3% to $215.1 Mn during the quarter under review from $186.6 Mn in Q3 2024. On a quarterly basis, it grew 5% from $204.7 Mn. Freshworks managed to trim its quarterly expenses by almost 3% to $189.6… Source link