Turning Point For Indian Deeptech Or More AI Hype?

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…