Fractal Analytics secures $138M anchor round before AI IPO

On Feb. 6, 2026, Fractal Analytics said it raised Rs 1,249 crore (about $138 million) from 52 anchor investors at Rs 900 per share ahead of its Feb. 9–11 IPO.([economictimes.indiatimes.com](https://economictimes.indiatimes.com/markets/ipos/fpos/fractal-analytics-raises-rs-1249-crore-from-anchor-investors-ahead-of-ipo-morgan-stanley-goldman-sachs-among-key-backers/articleshow/127998414.cms)) The anchor book drew major Indian mutual funds, insurers and global institutions including Morgan Stanley Investment Funds and Goldman Sachs Bank Europe.