A proficorn is a profitable, private, and promoter-funded company with a reasonable valuation. The term was coined by Rajesh Jain, the founder of Netcore Cloud. Characteristics of a proficorn: Profitable: Proficorns are profitable companies that can maintain high valuations. Private: Proficorns are private companies. Promoter-funded: Proficorns are funded by their promoters. Reasonable valuation: Proficorns typically have a valuation of $100 million or more.
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