Overall Winner: Fractal Analytics·82/ 100

CleverTap vs Fractal Analytics

In-depth comparison — valuation, funding, investors, founders & more

C
CleverTap

🇮🇳 India · Sunil Thomas

Series DEnterprise AIEst. 2013

Valuation

$775M

Total Funding

$303M

65
Awaira Score65/100

450 employees

Full CleverTap Profile →
Winner
F
Fractal Analytics

🇮🇳 India · Srikanth Velamakanni

PrivateEnterprise AIEst. 2000

Valuation

$3.5B

Total Funding

$685M

82
Awaira Score82/100

4500 employees

Full Fractal Analytics Profile →
🔬

Analyst Summary

Generated from real data · No AI hallucinations

Both CleverTap and Fractal Analytics compete directly in the Enterprise AI space, making this a head-to-head matchup within the same market segment. CleverTap is an Indian enterprise AI platform founded in 2013 that specializes in customer engagement and retention automation. Fractal Analytics is an enterprise artificial intelligence company headquartered in India, founded in 2000.

Fractal Analytics carries a valuation of $3.5B, which is 4.5x higher than CleverTap's $775M. On the funding side, Fractal Analytics has raised $685M in total — $382M more than CleverTap's $303M.

Fractal Analytics has 13 years more market experience, having been founded in 2000 compared to CleverTap's 2013 founding. In terms of growth stage, CleverTap is at Series D while Fractal Analytics is at Private — a meaningful difference for investors evaluating risk and upside.

Both companies are headquartered in 🇮🇳 India, competing for the same regional talent and customer base. On Awaira's 0–100 composite score, Fractal Analytics leads with a score of 82, reflecting stronger overall fundamentals across valuation, funding, and growth signals.

Metrics Comparison

MetricCleverTapFractal Analytics
💰Valuation
$775M
$3.5BWINS
📈Total Funding
$303M
$685MWINS
📅Founded
2013WINS
2000
🚀Stage
Series D
Private
👥Employees
450
4500
🌍Country
India
India
🏷️Category
Enterprise AI
Enterprise AI
Awaira Score
65
82WINS

Key Differences

💰

Valuation gap: Fractal Analytics is valued 4.5x higher ($3.5B vs $775M)

📈

Funding gap: Fractal Analytics has raised $382M more ($685M vs $303M)

📅

Market experience: Fractal Analytics has 13 years more (founded 2000 vs 2013)

🚀

Growth stage: CleverTap is at Series D vs Fractal Analytics at Private

👥

Team size: CleverTap has 450 employees vs Fractal Analytics's 4500

⚔️

Direct competitors: Both operate in the Enterprise AI market segment

Awaira Score: Fractal Analytics scores 82/100 vs CleverTap's 65/100

Which Should You Choose?

Use these signals to make the right call

C

Choose CleverTap if…

  • CleverTap is an Indian enterprise AI platform founded in 2013 that specializes in customer engagement and retention automation
F

Choose Fractal Analytics if…

Top Pick
  • Higher Awaira Score — 82/100 vs 65/100
  • More established by valuation ($3.5B)
  • Stronger investor backing — raised $685M
  • More market experience — founded in 2000
  • Fractal Analytics is an enterprise artificial intelligence company headquartered in India, founded in 2000

Funding History

CleverTap raised $303M across 4 rounds. Fractal Analytics raised $685M across 2 rounds.

CleverTap

Series D

Jan 2021

Lead: Tiger Global

$110M

Series C

Jan 2017

$35M

Series B

Jan 2015

Lead: Sequoia Capital India

$20M

Series A

Jan 2014

Lead: Accel Partners

$10M

Fractal Analytics

Series D

Jun 2022

Lead: Silver Lake

$250M

Series C

Oct 2021

Lead: Blackstone

$160M

Investor Comparison

No shared investors detected between these two companies.

Unique to CleverTap

Tiger GlobalSequoia Capital IndiaAccel Partners

Unique to Fractal Analytics

Silver LakeGeneral AtlanticBlackstoneexisting investors

Users Also Compare

FAQ — CleverTap vs Fractal Analytics

Is CleverTap bigger than Fractal Analytics?
By valuation, Fractal Analytics is the larger company at $3.5B versus $775M — a 4.5x difference. Size can also be measured by team: CleverTap employs 450 people while Fractal Analytics has 4500 employees.
Which company raised more funding — CleverTap or Fractal Analytics?
Fractal Analytics has raised more in total funding at $685M, compared to CleverTap's $303M — a gap of $382M. Combined, the two companies have completed 6 known funding rounds.
Which company has a higher Awaira Score?
Fractal Analytics holds the higher Awaira Score at 82/100, compared to CleverTap's 65/100. The Awaira Score is a composite metric factoring in valuation, funding, stage, team size, and market presence — a 17-point gap that reflects meaningful differences in scale or traction.
Who founded CleverTap vs Fractal Analytics?
CleverTap was founded by Sunil Thomas in 2013. Fractal Analytics was founded by Srikanth Velamakanni in 2000. Visit each company's profile on Awaira for a full founder biography.
What does CleverTap do vs Fractal Analytics?
CleverTap: CleverTap is an Indian enterprise AI platform founded in 2013 that specializes in customer engagement and retention automation. The company provides a cloud-based platform enabling businesses to deliver personalized customer experiences across multiple channels including mobile, web, email, and push notifications. CleverTap's core technology leverages machine learning and behavioral analytics to segment audiences, predict customer churn, and automate targeted messaging campaigns. The platform combines customer data integration, real-time analytics, and AI-driven engagement tools, allowing enterprises to track user journeys and optimize conversion funnels. CleverTap serves global clients across e-commerce, financial services, gaming, and SaaS sectors. The company has achieved a $0.8 billion valuation following Series D funding rounds, with total funding reaching $303 million. This positions CleverTap among India's most well-funded enterprise AI companies. Competitively, CleverTap operates in the customer data platform and marketing automation space, competing with players like Segment, mParticle, and established marketing cloud providers. The company's differentiation centers on real-time personalization capabilities and mobile-first approach. CleverTap demonstrates consistent growth trajectory through enterprise customer expansion and platform feature development, having established offices across multiple continents including North America, Europe, and Asia-Pacific. CleverTap combines customer data platform functionality with AI-powered engagement automation, distinctly positioning itself for mobile-first markets and emerging economies. Fractal Analytics: Fractal Analytics is an enterprise artificial intelligence company headquartered in India, founded in 2000. The company specializes in applying machine learning and AI solutions to solve complex business problems across multiple industries including retail, manufacturing, financial services, and healthcare. Fractal's core offerings include predictive analytics, computer vision, natural language processing, and decision intelligence platforms that help enterprises optimize operations, improve customer experiences, and drive revenue growth. The company operates a global delivery model with offices across India, North America, Europe, and Asia-Pacific. Fractal has developed proprietary AI frameworks and platforms designed to accelerate enterprise AI adoption and reduce time-to-value for implementations. The company serves Fortune 500 clients and mid-market enterprises, with notable work in supply chain optimization, pricing analytics, and customer analytics applications. As of its latest valuation, Fractal Analytics is valued at $3.5 billion as a private company, having raised $685 million in total funding across multiple rounds. The company competes in the crowded enterprise AI services and software space alongside firms like Palantir, DataRobot, and traditional consulting firms. Fractal's growth trajectory reflects increasing enterprise demand for AI implementation services and its ability to deliver measurable business outcomes for clients. Fractal Analytics combines deep AI expertise with a global delivery model to serve enterprise clients at scale, differentiating itself through focus on business impact rather than technology alone.
Which company was founded first?
Fractal Analytics was founded first in 2000, giving it 13 years of additional market experience. CleverTap was founded later in 2013. In AI, even a year or two of head start can translate into significantly more training data, customer relationships, and institutional knowledge.
Which company has more employees?
CleverTap has approximately 450 employees, while Fractal Analytics has approximately 4500. A larger team often signals higher revenue or venture backing, but in AI, smaller teams are increasingly capable of building at scale.
Are CleverTap and Fractal Analytics competitors?
Yes, CleverTap and Fractal Analytics are direct competitors — both operate in the Enterprise AI space and likely target overlapping customer segments. This comparison is especially relevant for buyers evaluating both platforms.