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Sector Thesis·3 min read·Week 21

Why 99% of Indian e-commerce freemium users never pay

Freemium models dominate Indian e-commerce, but conversion to paid tiers remains stuck below 1%. The data reveals why India's free-first behavior and payment friction kill premium monetization.

ByAmit Tyagi·Fitoor Capital
Aletheia Insights · Weekly

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Amit Tyagi

Founder, AletheiaAI & GP, Fitoor Capital

Veteran of India's startup ecosystem. Writing about fundraising, investor psychology, and what it takes to build fundable startups in India.

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#e-commerce#freemium-models#india-saas#unit-economics

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Why 99% of Indian e-commerce freemium users never pay · Aletheia Insights