Fusemachines Inc.
Fusemachines Inc. (NASDAQ: FUSE) is trading at $0.52, about ₹50 at today's USD/INR rate, as of 29 Sep 2026, 2:02 PM ET, down 20.03% today. Indian residents can buy Fusemachines from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$0.50
Today's high
$0.64
52 week low
$0.50
52 week high
$25.00
FUSE opened at $0.64, closed previously at $0.65, and has traded between $0.50 and $25.00 over the past 52 weeks.
About
Fusemachines Inc. develops and implements artificial intelligence as a service and machine learning software platforms. Their product suite features Fuse Anna, an AI assistant providing daily reminders for follow-ups, and Fuse Prospector, an AI-driven sales platform. The company also offers managed outbound services and delivers AI-as-a-service for crucial functions such as large-scale data processing, data governance, and cloud-based analytical solutions. Furthermore, Fusemachines is committed to education through its AI fellowship program, which provides mentorship and resources to selected scholars from underrepresented communities to develop advanced AI and ML skills, alongside the Fusemachines Academy, a learning platform for skill building and improvement. They serve a wide range of clients, including government entities, financial organizations, and e-commerce businesses. While based in New York, New York, the company also operates offices in Kathmandu, Nepal; Toronto, Canada; Kochi, India; and Santo Domingo, Cuba.
Key statistics
Avg. volume
1.05M
Market cap
$15.04M
P/E Ratio
27.95
Price-to-sales ratio
1.32
Enterprise value
$16.27M
Free cash flow yield
-29.36%
Debt-to-equity ratio
-0.19
Return on equity
6.37%
ROIC
50.52%
Beta
0.88
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$7.71M
Earnings per share
-$0.08
Free cash flow
-$5.58M
Net profit margin
-20.93%
Gross margin
54.61%
EBITDA
-$380.00K
Revenue growth
-98.55%
Similar securities
This is not an investment recommendation
How to buy Fusemachines from India
Indian residents can buy Fusemachines shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Fusemachines and place an order
Find Fusemachines by name or by its ticker, FUSE, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Fusemachines trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Fusemachines position in USD and INR. Fusemachines pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Fusemachines from India
Trading and taxes when buying Fusemachines from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneFusemachines does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Fusemachines stock?
Yes. Fusemachines (FUSE) has been listed on NASDAQ since 2022, in the Software - Application industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Fusemachines share cost in rupees?
One Fusemachines share is $0.52 — about ₹50 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the Fusemachines price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Fusemachines from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Fusemachines?
Yes. One Fusemachines share is $0.52, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Fusemachines.
How are gains on Fusemachines shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Fusemachines price. Paasa issues a capital-gains statement for your return.
Does Fusemachines pay a dividend?
No. Fusemachines does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Fusemachines from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Fusemachines shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Fusemachines shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Fusemachines holding, its cost and its closing value.
How do I sell Fusemachines and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.