India, Dec. 1 -- It's been billed as India's first AI IPO. Fractal, a veteran in the Indian tech landscape, is all set for its public listing.
Over the last 18 months, the Indian ecosystem has seen dozens of new-age tech IPOs - some very successful, some a little muted. But a majority of these were consumer-facing tech companies.
Over in the West, AI is the single biggest attraction for public market investors, so naturally, there's a great deal of buzz around an Indian AI company entering the fray.
Fractal Analytics, is looking to raise close to INR 5,000 Cr from the market through a mix of a fresh issue of up to INR 1,279.3 Cr and an offer-for-sale (OFS) component of up to INR 3,620.7 Cr. This makes it one of the biggest enterprise t...
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