Is Fractal India’s Palantir? Decoding first homegrown AI IPO from the firm powering Nvidia, Apple
India is set to see its first true artificial intelligence company listed on the public markets after Fractal Analytics received approval from the capital markets regulator Sebi for its IPO. The company, which has spent 25 years building a global enterprise AI business from Mumbai and New York, is similar to Palantir, the US-listed analytics and decision-intelligence firm.
The first pure-play AI IPO, which could hit the markets in December, is coming at a time when global enthusiasm for artificial intelligence is near its peak.
