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Sector Thesis·3 min read·Week 24

Indian mobility startups: why exits remain trapped

Indian mobility startups have generated $8B+ in funding since 2014, yet meaningful exits remain sparse. Acquisitions stall at $200-500M valuations. IPOs haven't materialized. Secondary sales dominate, reflecting structural constraints in unit economics and regulatory uncertainty.

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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#mobility#exits#IPO#India-Stack

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Indian mobility startups: why exits remain trapped · Aletheia Insights