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Sector Thesis·4 min read·Week 25

Revenue-Based Financing: Unit Economics Levers in India

Revenue-based financing (RBF) in India faces a unit economics wall. Gross margins hover at 8–12% while payback periods stretch to 36+ months. Three levers—acquisition cost, default rates, and repayment velocity—determine viability.

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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Revenue-Based Financing: Unit Economics Levers in India · Aletheia Insights