Fractal Analytics, India's first AI company to IPO, experienced a subdued debut on public markets. Enthusiasm for AI clashed with investor jitters following a sell-off in Indian software stocks. This signals ongoing caution around AI investments.
Key Points
- 1.India's first AI IPO
- 2.Lackluster first-day performance
- 3.Investor fears from software sell-off
Impact Analysis
Highlights persistent AI skepticism in Indian markets, potentially delaying future AI IPOs.
