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Sector Thesis·4 min read·Week 23

India's LCNC Freemium Trap: Why 98% Never Convert

India's low-code/no-code market grew 45% YoY but conversion from free to paid remains stuck at 2-3%. Freemium works only when users hit friction fast. LCNC delays that moment too long.

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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#low-code-no-code#freemium-strategy#india-saas#unit-economics

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India's LCNC Freemium Trap: Why 98% Never Convert · Aletheia Insights