Snapdeal’s Kunal Bahl defends startup cash burn—if it builds long-term value

Snapdeal cofounder Kunal Bahl said startup cash burn shouldn’t be demonised—so long as it is tied to long-term value creation. Speaking at the TiE Delhi-NCR Summit, Bahl argued that strategic spending on technology and customer acquisition, while not traditional capex, contributes to building equity.