INDIA MARKET LENS
IPO◆ MixedIPO & Listings

Buoyed by blockbuster IPO, ESDS bets on AI chip rentals for $5 billion revenue in 5 years

A ipo & listings development with market-wide reach.

· LiveMint Companies

In an interview with Mint, CMD Piyush Somani laid out an ambitious AI chip rental strategy to drive growth. But compounding revenue 2.5 times every year remains a rare feat, even in tech.

Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.