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Sector Thesis·4 min read·Week 22

Why Indian SaaS Founders Ignore Pivot Signals

Indian SaaS founders cling to failing products despite clear market rejection. Sunk costs—both financial and emotional—override rational decision-making. The psychology mirrors the India Stack itself: path dependency becomes a trap.

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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Why Indian SaaS Founders Ignore Pivot Signals · Aletheia Insights