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Sector Thesis·3 min read·Week 23

Why HR Tech Subscriptions Fail Below ₹500Cr Revenue

Indian HR tech companies are abandoning subscriptions for transactions. Only enterprises above ₹500Cr revenue sustain recurring models. Mid-market defaults to pay-per-hire because payroll cycles and hiring volatility break fixed costs.

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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Why HR Tech Subscriptions Fail Below ₹500Cr Revenue · Aletheia Insights