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Sector Thesis·4 min read·Week 23

Embedded Finance: Churn Math Breaks Traditional SaaS Playbooks

Embedded finance in India faces a churn problem disguised as a distribution win. Customer success metrics borrowed from SaaS fail because transaction velocity, not seat adoption, drives unit economics. Health scores must measure transaction health, not user health.

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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#embedded-finance#customer-success#churn-reduction#india-stack

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Embedded Finance: Churn Math Breaks Traditional SaaS Playbooks · Aletheia Insights