Onida Electronics Founder Gulu Mirchandani's ₹2.75-crore investment in Fractal Analytics has grown to over ₹2,400 crore as the AI startup launched its IPO, Moneycontrol reported, citing X user Rahul Mathur. The Mirchandani family invested in Fractal in 2004 through the GLM Trust. The family will sell around a 15.5% stake worth roughly ₹450 crore in the IPO.