‘Indicorns’: Snapdeal’s Kunal Bahl suggests moniker for profitable Indian startups

Snapdeal co-founder Kunal Bahl, among the most active founders of top Indian startups on microblogging website X (formerly Twitter), wants to add a desi flavour to the startup lexicon. While so far the buzzwords and technical phrases such as unicorn, soonicorn, decacorn, hectocorn, cockroach, etc., which sometimes leave readers bemused or amused, have defined conversations on business valuations, Bahl intends to give the subject a spin with ‘Indicorn’.

The founder-cum-startup investor on Monday suggested the new nickname for startups that are profitable and have over Rs 100 crore in net revenues.