‘India needs more Indicorns, not just Unicorns,’ says Kunal Bahl

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Snapdeal and Titan Capital cofounder Kunal Bahl said startups built on profitability—not just billion-dollar valuations—deserve greater recognition. Speaking at the TiE Delhi-NCR Summit on Friday, Bahl pointed to companies like Infosys, Wipro, and TCS as foundational examples of businesses built on patient capital and long-term profitability.“Post-2017, the media and investors began focusing only on flashy valuations and big bets,” Bahl said.

He coined the term “Indicorns” to describe Indian startups that grow sustainably, often with…



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‘India needs more Indicorns, not just Unicorns,’ says Kunal Bahl


Snapdeal and Titan Capital cofounder Kunal Bahl said startups built on profitability—not just billion-dollar valuations—deserve greater recognition. Speaking at the TiE Delhi-NCR Summit on Friday, Bahl pointed to companies like Infosys, Wipro, and TCS as foundational examples of businesses built on patient capital and long-term profitability.“Post-2017, the media and investors began focusing only on flashy valuations and big bets,” Bahl said.

He coined the term “Indicorns” to describe Indian startups that grow sustainably, often with…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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