Why Social Commerce Exits Are Stuck at Acquisition Stage
Social commerce in India has seen $2.3B in acquisitions since 2020, but zero IPO exits. The sector is acquisition-trapped: unit economics remain weak, and platforms lack independent payment infrastructure. This matters for founders planning 5-year horizons.
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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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