Data analytics company Fractal, which became India's first AI unicorn in 2022, raised $313M in its Mumbai IPO; its shares fell 5% amid a weak Indian IPO market (Rajesh Mascarenhas/Bloomberg)

Rajesh Mascarenhas / Bloomberg:
Data analytics company Fractal, which became India's first AI unicorn in 2022, raised $313M in its Mumbai IPO; its shares fell 5% amid a weak Indian IPO market  —  Fractal Analytics Ltd. shares fell in their Mumbai trading debut on Monday, signaling continued weakness in investor appetite …

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