hugo-initio Unnable to get the theme working

➜  gitlab hugo version
Hugo Static Site Generator v0.68.3/extended linux/amd64 BuildDate: 2020-03-25T06:15:45Z

Steps to reproduce: Following the main Hugo documentation, I created a new site and added the theme with sample content.

Follow Quick start steps
Use Hugo-initio theme
Expected: sample content post loaded with theme look and feel.
Actual:

Error message for each command.

➜  draft-web git:(master) ✗ hugo server         
Error: Error building site: "/home/..../draft-web/themes/hugo-initio/layouts/index.html:13:1": parse failed: template: index.html:13: unclosed action

➜  draft-web git:(master) ✗ hugo server -t ../..
Building sites … WARN 2021/08/20 12:21:25 found no layout file for "HTML" for kind "page": You should create a template file which matches Hugo Layouts Lookup Rules for this combination.
WARN 2021/08/20 12:21:25 found no layout file for "HTML" for kind "taxonomyTerm": You should create a template file which matches Hugo Layouts Lookup Rules for this combination.
WARN 2021/08/20 12:21:25 found no layout file for "HTML" for kind "home": You should create a template file which matches Hugo Layouts Lookup Rules for this combination.
WARN 2021/08/20 12:21:25 found no layout file for "HTML" for kind "taxonomyTerm": You should create a template file which matches Hugo Layouts Lookup Rules for this combination.
WARN 2021/08/20 12:21:25 found no layout file for "HTML" for kind "section": You should create a template file which matches Hugo Layouts Lookup Rules for this combination.

                   | EN  
-------------------+-----
  Pages            |  4  
  Paginator pages  |  0  
  Non-page files   |  0  
  Static files     |  0  
  Processed images |  0  
  Aliases          |  0  
  Sitemaps         |  1  
  Cleaned          |  0  

Built in 18 ms
Watching for changes in /home/..../draft-web/{archetypes,content,data,layouts,static}
Watching for config changes in /home/.../draft-web/config.toml
Environment: "development"
Serving pages from memory
Running in Fast Render Mode. For full rebuilds on change: hugo server --disableFastRender
Web Server is available at http://localhost:1313/ (bind address 127.0.0.1)
Press Ctrl+C to stop

Result: The website is just a blank page.