Celebrating 'Indicorns' Over Unicorns – Kunal Bahl's New Vision for Indian Startups

In a conversation with YourStory's Shradha Sharma at TechSparks 2024, Kunal Bahl, Co-founder of Titan Capital and Snapdeal, introduces a new vision for India's startup success. Bahl proposes celebrating "Indicorns"—Indian companies founded within the last 15 years that are profitable with revenues over Rs 100 crore, a concept he says better reflects the unique aspirations of India’s startup ecosystem. He challenges the unicorn benchmark, which is based on Western valuation metrics and lacks relevance in India’s context. Instead of chasing billion-dollar valuations, Bahl argues that Indian startups should focus on sustainable, revenue-driven growth.

Explore how this new label, "Indicorn," can inspire founders to build enduring, resilient companies that mirror India’s entrepreneurial reality. Watch the full video to dive deeper into Bahl's vision for rethinking success in Indian startups!