<ul><li>AI startup Fractal Analytics plans to build India's first large reasoning model (LRM) with a total investment of INR 118 Cr.</li><li>Fractal will invest INR 42 Cr from its own funds and seek a capital subsidy of INR 76 Cr from the Centre under the IndiaAI Mission.</li><li>The company will allocate a significant portion of the capital to procure graphic processing chips (GPUs) for training LRM models.</li><li>Fractal is among the Indian startups looking to go public and is aiming for an IPO by March 2025.</li></ul>

IPO-Bound Fractal Proposes To Build India’s First Reasoning AI Model

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