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Sector Thesis·3 min read·Week 25

Why Ed-tech Exits Remain Stuck in India

India's ed-tech sector has produced zero IPOs and few strategic acquisitions despite $5B+ in venture capital. Exit multiples have compressed 60% since 2021. The timing mismatch between India Stack adoption and unit economics reveals the real problem.

ByAmit Tyagi·Fitoor Capital
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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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#ed-tech#exit-strategy#acquisition#india-stack

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Why Ed-tech Exits Remain Stuck in India · Aletheia Insights