Energy Tech Exits in India: Slow M&A, Zero IPOs, Real Bottleneck
India's energy tech sector has produced no major IPOs and minimal acquisition activity despite 15+ years of venture capital. The bottleneck isn't technology—it's buyer structure and regulatory arbitrage collapse. Exit velocity matters more than idea quality here.
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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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