Kunal Bahl, a celebrated entrepreneur and investor, on Tuesday asserted that India needs increasing number of Indicorns, perhaps in thousands, instead of a few hundred Unicorns. Speaking at the NDTV World Summit 2024, Bahl, co-founder of AceVector Limited, which is the holding company for Snapdeal, wandered why India is so obsessed with USD 1 billion company, a yardstick to accord Unicorn status. Isnt it better we build businesses with the intention of making them lasting and enduring and aimed for goals which enable us to get there, Bahl said at a session titled Rise Of The Indicorns.