Indicorns
A programme by Titan Capital
Titan Capital's annual index of profitable Indian companies, open to any company that meets the published criteria.
At a glance
| Best for | Profitable Indian companies founded in the last fifteen years |
|---|---|
| Stage | Growth |
| Duration | Annual editions |
| Format | Online |
| Cost | Free, no equity |
| Run with | Tracxn, TiE Delhi-NCR |
About Indicorns
Indicorns is a recognition list, not an investment programme. Kunal Bahl introduced the term on stage at TechSparks in September 2024, and Titan Capital published the first index in October 2024 with 186 companies, screened with data partner Tracxn. A 2025 edition identified 202 companies. TiE Delhi-NCR is the ecosystem partner. The firm says a third edition is in preparation; no date for it has been published.
What you get
- A place on the published index, and the visibility that comes with it. Nothing else — there is no capital, cohort or programme attached.
Who can apply
- Companies founded in India within the last fifteen years.
- Companies that were profitable in the last financial year and crossed the revenue bar the list publishes.
- Unfunded, acquired and publicly listed companies all qualify. You do not have to be in Titan Capital's portfolio.
How selection works: The team reviews submissions against the criteria and asks for audited financial statements as proof. The first index was screened using a private-market data platform across a very large company universe before the list was drawn.
How to apply: Fill the submission form on the Indicorns eligibility page with your name, contact details, venture name, founded year, primary sector, a description of the company, founders' LinkedIn profiles, institutional investors, annual revenue and annual net profit, and upload audited financial statements. Companies meeting the criteria can also write to info@indicorns.club.