Contrary to popular belief, the genesis of technology focused startups and entrepreneurship India is longer than one thinks. The story perhaps begins in the mid-70s when companies like HCL and Patni Computers were founded. The 80’s saw another group of individuals leave their jobs to start a company that grew into the giant Infosys is today. Today the Unicorns are carrying forward that legacy.
The complete story of India’s entrepreneurial journey was never really told until recently, when Microsoft Accelerator pieced together the narrative in an e-book titled History of the Indian Startup Ecosystem. This e-book contains over 150 defining moments which shaped the thriving ecosystem that we see today.
Four distinct phases of growth and maturity that have been traversed so far*
- Software Services and Global Delivery Model
- The Dotcom era
- Rise of Product startups
- Growth of startup ecosystem
Chronicling the history of the ecosystem was an 18-month long exercise which involved interviewing the industry veterans like Sharad Sharma, Ravi Gururaj and Bharat Goenka and perusing hundreds of documents, research papers and newspaper articles. As the story took shape, four distinct phases of growth and maturity came to light: The Software Services and Global Delivery Model | The Dotcom era | The Rise of Product startups and The Growth of startup ecosystem.
To know more about untold story and to download the e–book, visit https://aka.ms/indiastartups
[Source* – Microsoft Accelerator Blog]