India, March 20 -- SaaS unicorn Fractal has announced a strategic investment of $20 Mn (INR 172 Cr) in its in-house AI-driven supply chain management platform Asper.AI.

In a statement, Fractal said that the funding will enable Asper.AI to scale up product development, expand enterprise customer base across the globe and "power" its next phase of growth.

Asper.AI cofounder and CEO, Mohit Agarwal said that the infusion will enable the platform to hire experienced talent and expand its product offerings.

Founded under the aegis of Fractal in 2022 by Mohit Agarwal and Anuj Kaushik, Asper.AI leverages AI to help retail businesses automate decision making across facets such as demand forecasting, revenue growth management, inventory planning...