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 Bloomberg 2026-02-16 Rajesh Mascarenhas Data analytics company Fractal, first AI Related Coverage Fractal Analytics' muted IPO debut signals persistent AI fears in India TechCrunch · Jagmeet Singh India's Fractal Analytics slumps 5% in market debut Reuters · Vivek Kumar M Fractal Analytics Drops 5% in Debut After Cutting India's First AI IPO by 40% Implicator.ai · Harkaram Grewal India's Fractal Analytics drops 5% in trading debut as AI jitters keep investors cautious Reuters · Vivek Kumar M Indian AI firm Fractal Analytics shares slide 5% on IPO debut Tech in Asia · Aiko Gao Ishida