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Fractal Analytics turns unicorn after raising $360M from TPG Capital

AI firm, Fractal, is the second unicorn of 2022

The investment of $360 million (Rs 2,700 crore) will happen through TPG Capital Asia, the firm's Asia-focused private equity platform, in a transaction that includes a combination of primary investment and secondary share purchase from funds advised by Apax, who will remain a major shareholder following the transaction.

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