India Startup Ecosystem TimeLine

The Indian startup ecosystem originated with software services startups serving Indian software needs, and later expanding to exporting software services. The next generation of Indian product startups had founders who had worked in these services startups, or were moving back from the Silicon Valley, having worked in product startups in the US. Venture Capital investments were kicked off by TDICI, a government entity, followed by other VCs from the Silicon Valley.

The third wave of startups were founded in the dot-com era, included marketplaces, e-commerce vendors, and portals. The fourth wave started around 2007-08, and comprised e-commerce, logistics, marketplaces, and advertising startups.

Ecosystem players such as TiE, NASSCOM, iSPIRT, Headstart and various incubators & accelerators such as CIIE, IIIT Hyderabad, Startup Village, 10000 Startups, Microsoft Ventures, have significantly increased the maturity of the ecosystem by providing a platform for entrepreneurs to learn and grow very quickly.

List of companies

DateKey EventSource
1968TCS started
1981Infosys started
1982CyberMedia formed[1]
1986Tally started[2]
1988NASSCOM[3]
1988First VC investment in India by TDICI[4]
1990GVFC[5]
1991STPI
1991VSNL provides email
1992iFlex founded[6]
1992Newgen founded
1993VSAT links allowed for pvt Internet links
1993QuickHeal founded
1994First Incubators - IITM Tenet Group
1995VSNL provides public Internet access[7]
1996Zoho Corporation founded
1997APIDC [8]
1998Intel Capital India[9]
1999Fabmall, first Indian ecommerce site
1999TiE Bangalore [10]
1999ChrysalisCapital
2000Westbridge Capital
2001Foss.in
2004Silicon Valley Bank sets up shop in Bangalore, invites US VCs to explore possibilities in India
2006InMobi founded as mKhoj
2006Pubmatic founded
2006Bar Camp Bangalore [11]
2006iFlex acquisition
2006Mentor Partners and Morpheus - first Accelerators
2006Helion[12]
2006Cross border VC from India - Nexus [13]
2007OCC Bangalore[14]
2007Proto.in
2007NASSCOM Product Conclave [15]
2008Funding crossses 1B in one year[16]
2008Travelyaari.com[17]
2011 India Internet Fund
2012SlideShare acquisition
2012Microsoft Ventures India
2013Redbus.in acquisition
2013iSPIRT founded[18]
2013NASSCOM 10000 startups
2013Gray Routes started[19]
2013Flintobox Founded[20]
2014Blue Eye Professionals
2014 Hiree Launched (as myNoticePeriod.com)
2014AppyStore founded[21]
2014 BHIVE Workspace founded [22][23]

Areas of interest

Areas of interest include SW services industry, MNC product industry, HW/Semiconductor, Indian product industry, 1st Ecom boom, Industry bodies, Ecosystem events, Startup publications, Forums, Roundtables, Key startup founding date, Key acquisition/M&A dates, Incubators/Accelerators, 2nd ecom boom, 2nd funding boom, Corp VCs, VCs.

References

  1. ↑ "Cyber Media (India) > Company History > Media & Entertainment > Company History of Cyber Media (India) - BSE: 532640, NSE: CYBERMEDIA". Moneycontrol.com. Retrieved 2015-11-12.
  2. ↑ "SS Goenka, founder of Tally Solutions, dies". CIOL. Retrieved 2015-11-12.
  3. ↑ Indo-American Chamber of Commerce (IACC). "THE SOFTWARE JOURNEY OF INDIA AND THE ROAD GOING FORWARD | Indo-American Chamber of Commerce (IACC)". Iaccindia.wordpress.com. Retrieved 2015-11-12.
  4. ↑ "The Venture Capital Funds in India". Indianmba.com. Retrieved 2015-11-12.
  5. ↑ "GVFL Limited". Gvfl.com. Retrieved 2015-11-12.
  6. ↑ "i-flex solutions' Rajesh Hukku: 'No One Dreamed That $400,000 Would Become Almost $600 Million in 13 Years' - Knowledge@Wharton". Knowledge.wharton.upenn.edu. 2007-03-23. Retrieved 2015-11-12.
  7. ↑ "VSNL starts India's first Internet service today". dxm.org. Retrieved 12 November 2015.
  8. ↑ "Bizcircle.net | A company search service from The VCCircle Network". Vccircle.com. Retrieved 2015-11-12.
  9. ↑ "Intel Capital Investing in Global Innovation" (PDF). Intelcapital.com. January 2014. Retrieved 2015-11-13.
  10. ↑ "The Indus Entrepreneurs - Bangalore Chapter". LinkedIn. Retrieved 2015-11-12.
  11. ↑ "BarCamp / PreviousBarCamps". Barcamp.org. Retrieved 2015-11-12.
  12. ↑ "Home | Helion Ventures". Helionvc.com. 2015-10-05. Retrieved 2015-11-12.
  13. ↑ "Nexus Venture Partners". crunchbase.com. Retrieved 12 November 2015.
  14. ↑ "Google Groups". Groups.google.com. Retrieved 2015-11-12.
  15. ↑ "Yusuf Motiwala's Blog » Blog Archive » Barcamp Bangalore 5 & NASSCOM Product Conclave 2007". Blog.motiwala.com. 2007-11-25. Retrieved 2015-11-12.
  16. ↑ "Global venture capital insights and trends report 2011 - Venture capital perspectives - India - EY - Global". EY. Retrieved 2015-11-12.
  17. ↑ "How IIM-A incubatee is changing bus ticketing". .rediff.com. Retrieved 2015-12-24.
  18. ↑ "ISPIRT - Overview". Aihitdata.com. Retrieved 2015-11-12.
  19. ↑ Gulati, Sonam. "Mumbai-based mobility solutions startup Gray Routes raises $100K in angel funding". TECHCRICLE. TECHCRICLE. Retrieved 20 June 2016.
  20. ↑ "Flintobox Making Learning Fun". thehindu.com/. Retrieved 2015-05-25.
  21. ↑ "AppyStore.in launches Premium App, looks to integrate holistic learning with limitless fun". The Financial Express. 10 July 2016. Retrieved 9 December 2016.
  22. ↑ [BHIVE workspace launches new, centrally located co-working space at Residency Road, Bengaluru "BHIVE workspace launches new, centrally located co-working space at Residency Road, Bengaluru"] Check |url= value (help).
  23. ↑ "Coworking Space BHIVE Workspace Raises $1.2 Mn Funding".
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