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Sector Thesis·4 min read·Week 20

Why Robotics Defensibility Comes From Hardware-Software Fusion

Robotics companies that own both hardware and software create 40-60% gross margins in India. Standalone hardware or software businesses get margin-compressed. The math only works when control is vertical.

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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#robotics#hardware-software#india-startups#unit-economics

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Why Robotics Defensibility Comes From Hardware-Software Fusion · Aletheia Insights