يحاول ذهب - حر
Fractal Analytics bets heavily on R&D in AI race before IPO
November 20, 2025
|Mint Ahmedabad
Enterprise artificial intelligence firm Fractal Analytics plans to maintain high research and development (R&D) spending ahead of its market debut for which a date has not yet been set, a top executive has said.
Srikanth Velamakanni , chief executive officer, Fractal Analytics.
Fractal, which specializes in AI-driven decision-making for large businesses, will continue to invest “significantly”, and possibly increase its research outlay to stay competitive, chief executive officer Srikanth Velamakanni told Reuters.
In 2025, Fractal spent ₹144 crore ($16.60 million) on R&D, with an average 6% spend on R&D over the past three years, the company’s red herring prospectus showed.
Fractal is waiting to receive approval from India’s securities regulator to move forward with its initial public offering.
"No company can take its AI credibility for granted,” said Velamakanni.
هذه القصة من طبعة November 20, 2025 من Mint Ahmedabad.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Mint Ahmedabad
Mint Ahmedabad
Where Divine is tooting his own horn
LOW FIDELITY
4 mins
January 10, 2026
Mint Ahmedabad
Crisis brewing as discoms dump green power cheap
solarand wind power capacity, asit helpsmaintain grid stability.
1 mins
January 10, 2026
Mint Ahmedabad
Dec gold ETFs log record ₹11,647 cr
India’s equity investors are flocking to gold exchange- traded funds as a hedge against stock market volatility amid global headwinds.
1 min
January 10, 2026
Mint Ahmedabad
5 cities to visit for a mix of culture and sports
Travel is increasingly decided by events and experiences. We list five cities that are set to host unique celebrations this year
4 mins
January 10, 2026
Mint Ahmedabad
Airfares hit four-year low on weak traffic; IndiGo crisis dulls demand
India's average domestic airfares hit a four-year low in the December quarter, an unusual outcome for a seasonally strong period, as traffic slowed through 2025 and demand weakened on non-metro routes.
1 min
January 10, 2026
Mint Ahmedabad
How we will travel in 2026
2026 will be defined by glowcations, romantasy retreats and milestone missions, a word salad that indicates the coming together of culture, individual taste and technology
6 mins
January 10, 2026
Mint Ahmedabad
Drawing on faith and supernatural forces
Amitav Ghosh's latest novel is a page turner, often veering into a realm of magical occurrences, but stretches the reader's beliefs a bit too far
5 mins
January 10, 2026
Mint Ahmedabad
Jewellery in India isn't just about the flex
A new book, 'Silver & Gold', is a reminder that jewellery has links to faith and culture in India
3 mins
January 10, 2026
Mint Ahmedabad
xAI under fire for sexualized child photos on Grok
content than other platforms has helped drive engagement, according to people familiar with the changes.
3 mins
January 10, 2026
Mint Ahmedabad
Federal Bank unveils Fortuna Wave to appeal to all young, mobile-first clients
Federal Bank's new brand identity, anchored by a refreshed logo called Fortuna Wave, comes at a moment when legacy banks are being forced to rethink how they appear, speak and scale—not because the old has failed, but because the audience has shifted.
3 mins
January 10, 2026
Listen
Translate
Change font size