Madan, a former national champion and the lone Indian boxer in action today, lost 0-3 on points to Alexandros Riscan of Moldova.
Under the new 10-point scoring system being used here, boxers are judged not just on the number of connected punches but also their overall ring craft. It is also the first event in which boxers are fighting it out without the protection of a head-guard.
Madan managed to clinch just one round in the mandatory three and eventually fell short by a solitary point in the final analysis, leading to a 3-0 win for Riscan.
Five boxers of the 10-member Indian team have got first-round byes. Of the five, Shiva Thapa (56kg) and Manoj Kumar (64kg) have been seeded in the showpiece event.
While Shiva is seeded fourth, Manoj has got the number six billing.
Due to the provisional suspension imposed on the Indian Boxing Federation, the country's pugilists are competing under the International Boxing Association's (AIBA) flag.
The Indians have won a total of two medals in the mega-event, which will feature more than 450 boxers from over 100 countries this year.
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