{"id":839557,"date":"2024-08-01T09:32:48","date_gmt":"2024-08-01T04:02:48","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=839557"},"modified":"2024-08-01T09:32:48","modified_gmt":"2024-08-01T04:02:48","slug":"ai-firm-fractal-eyes-400-500-million-ipo-at-3-billion-valuation","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/01\/ai-firm-fractal-eyes-400-500-million-ipo-at-3-billion-valuation\/","title":{"rendered":"AI firm Fractal eyes $400-500 million IPO at $3-billion valuation"},"content":{"rendered":"<p>AI and analytics unicorn Fractal Analytics has hired Morgan Stanley, Kotak Mahindra Capital and Axis Capital as bankers for its initial public offering (IPO) that could be worth $400-500 million and value the firm at close to $3 billion, executives close to the development told ET.<\/p>\n<p>The draft red herring prospectus is expected to be submitted to markets regulator Sebi by late September, they said.<\/p>\n<p>The offer will be a mix of primary and secondary share sale where some of the existing investors would partly sell their stake.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AI and analytics unicorn Fractal Analytics has hired Morgan Stanley, Kotak Mahindra Capital and Axis Capital as bankers for its initial public offering (IPO) that could be worth $400-500 million and value the firm at close to $3 billion, executives close to the development told ET. The draft red herring prospectus is expected to be submitted to markets regulator Sebi by late September, they said. The offer will be a mix of primary and secondary share sale where some of the existing investors would partly sell their stake.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-839557","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/839557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=839557"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/839557\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=839557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=839557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=839557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}