First Startup In India
Indian startup ecosystem began with the establishment of the first startup in India, which focused on software services for domestic purposes before growing abroad. This created the groundwork for product businesses driven by entrepreneurs with backgrounds in Indian services or Silicon Valley. The launch of venture capital investments by TDICI, a government body, signified Silicon Valley investors' key entry into the market. The Indian startup ecosystem began with the establishment of the first startup in India, which focused on software services for domestic purposes before growing abroad.
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