>Iridescent 2: /* top */Cleanup and typo fixing, typo(s) fixed: 2010's → 2010s

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top: Cleanup and typo fixing, typo(s) fixed: 2010's → 2010s

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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 financing|Venture capital investments]] were kicked off by TDICI, a government entity, followed by other investors from Silicon Valley.

The third wave of startups were founded in the [[Dot-Com era|dot-com era]], included marketplaces, [[e-commerce]] vendors, and portals. The fourth wave started around 2007–2008, and comprised e-commerce, logistics, marketplaces, and advertising startups. These startups are regularly covered by the online media platforms, which focus on start-up coverage like ''''YourStory'''' and '''NextBigWhat''''.<ref>{{cite web | title=A beginner’s guide to college internships in India | publisher=[[Quartz (publication)]] | date=2015-07-03 | url=https://qz.com/india/443919/a-beginners-guide-to-college-internships-in-india/ | access-date=2020-06-28}}</ref>

In the 2010s, India saw a wave of SaaS companies being founded in India with products mainly sold to customers in the US and Europe. Notable examples include [[Freshworks]], Chargebee, [[BrowserStack]], [[CleverTap]] and [[Whatfix]].<ref>{{Cite web|date=2019-07-24|title=Swallow or Summer: Indian SaaS startups' $100m ARR dream|url=https://the-ken.com/story/saas-startups-100m-arr/|access-date=2021-02-07|website=The Ken|language=en-US}}</ref>

Currently, [[Business]] simplifying startups such as [https://advisorate.in/ Advisorate], ClearTax, GroMO and [[fintech]] [[startups]] are gaining prominence in India. The edtech startups are the next in line.

==List of notable events==
{| class="wikitable"
|-
! Date !! Key event !! Source
|-
| 1968 ||[[Tata Consultancy Services]] (TCS) started ||
|-
| 1981 ||[[Infosys]] started ||
|-
| 1982 || CyberMedia formed ||<ref>{{cite web|url=http://www.moneycontrol.com/company-facts/cybermediaindia/history/CMI01|title=Cyber Media (India) > Company History > Media & Entertainment > Company History of Cyber Media (India) - BSE: 532640, NSE: CYBERMEDIA|date=|publisher=Moneycontrol.com|accessdate=2015-11-12}}</ref>
|-
| 1986 ||[[Tally Solutions]] started ||<ref>{{cite web|url=http://www.ciol.com/ss-goenka-founder-tally-solutions-dies/|title=SS Goenka, founder of Tally Solutions, dies|author=|date=|publisher=CIOL|accessdate=2015-11-12}}</ref>
|-
| 1988 ||[[NASSCOM]] trade association founded ||<ref>{{cite web|url=https://iaccindia.wordpress.com/2012/10/12/the-software-journey-of-india-and-the-road-going-forward/|title=THE SOFTWARE JOURNEY OF INDIA AND THE ROAD GOING FORWARD | Indo-American Chamber of Commerce (IACC)|author=Indo-American Chamber of Commerce (IACC)|date=|publisher=Iaccindia.wordpress.com|accessdate=2015-11-12}}</ref>
|-
| 1988 || First VC investment in India by TDICI ||<ref>{{cite web|url=http://www.indianmba.com/Faculty_Column/FC159/fc159.html|title=The Venture Capital Funds in India|date=|publisher=Indianmba.com|accessdate=2015-11-12}}</ref>
|-
| 1992 ||[[I-flex Solutions|i-Flex Solutions]] founded ||<ref>{{cite web|url=http://knowledge.wharton.upenn.edu/article/i-flex-solutions-rajesh-hukku-no-one-dreamed-that-400000-would-become-almost-600-million-in-13-years/|title=i-flex solutions' Rajesh Hukku: 'No One Dreamed That $400,000 Would Become Almost $600 Million in 13 Years' - Knowledge@Wharton|author=|date=2007-03-23|publisher=Knowledge.wharton.upenn.edu|accessdate=2015-11-12}}</ref>
|-
| 1995 || VSNL provides public Internet access ||<ref>{{cite web|url=http://dxm.org/techonomist/news/vsnlnow.html|title=VSNL starts India's first Internet service today|work=dxm.org|accessdate=12 November 2015}}</ref>
|-
| 1996 || [[Zoho Corporation]] founded ||
|-
| 2006 || [[InMobi]] founded as mKhoj ||
|-
| 2008 || Funding exceeds 1B in one year ||<ref>{{cite web|url=http://www.ey.com/GL/en/Services/Strategic-Growth-Markets/Global-venture-capital-insights-and-trends-report-2011---Venture-capital-perspectives---India|title=Global venture capital insights and trends report 2011 - Venture capital perspectives - India - EY - Global|date=|publisher=EY|accessdate=2015-11-12}}</ref>
|-
|2010
|Freshworks (formerly Freshdesk) founded
|<ref>{{Cite web|title=Accel India: Decoding Founders' Mentality To Spin Success|url=https://www.forbesindia.com/article/vc-and-pe-special/accel-india-decoding-founders-mentality-to-spin-success/65759/1|access-date=2021-02-07|website=Forbes India|language=en}}</ref>
|-

| 2013 || [[Redbus.in]] acquisition ||
|-
| 2013 || NASSCOM 10000 startups ||{{Citation needed|date=August 2019}}]
|-
| 2018 || Flipkart acquired by Walmart ||<ref name="The Economic Times 2018">{{cite web | title=Walmart acquires Flipkart for $16 billion in world’s largest ecommerce deal | website=The Economic Times | date=2018-05-09 | url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/walmart-acquires-flipkart-for-16-bn-worlds-largest-ecommerce-deal/articleshow/64095145.cms | access-date=2020-06-26}}</ref>
|-
|}

==See also==
*[[Information technology in India]]

==References==
{{Reflist}}

[[Category:Software industry in India]]

Timeline of Indian startup ecosystem - Revision history

>Iridescent 2: /* top */Cleanup and typo fixing, typo(s) fixed: 2010's → 2010s