August 15, 1995: Videsh Sanchar Nigam Limited (vsnl) starts giving Internet connections
August 15, 1995: Videsh Sanchar Nigam Limited (vsnl) starts giving Internet connections
1996: Rediff-on-the-Net, India's first portal is born as IndiaWorld.
1998: Sabeer Bhatia sells Hotmail.com for $400 million to Microsoft
junglee.com is sold for $200 million to amazon.com
THE BOOM BEGINS IN INDIA
American venture capital firms set up shop on Indian soil
Indian venture capital industry comes of age
1999: World's largest chip-maker Intel takes a stake in Rediff
Intel takes stakes in five more Indian start-ups
International venture capital firms start financing start-ups
Angel investors arrive in India
Top managers start quitting companies to set up own e-businesses. Ashok Soota, ceo, Wipro, quits to start MindTree with high-power team.
Ashok Jain, ceo, Cadbury Schweppes, top management consultant Rama Bijapurkar, former Arthur Andersen chief Ashok Wadhwa team up to start e-business
The Internet Service Provider (isp) business is opened up to the private sector. 175 companies snap up licences
Indiaworld is sold to Satyam Infoway for Rs 499 crore
Venture capitalists snowed under entrepreneurial ideas
The number of Internet users in India crosses one million
Indian software exports cross Rs 10,000 crore
The value of Indian infotech companies on the stockmarkets reaches about 10 per cent of India's GDP
Infosys becomes the first Rs 10 Indian share to cross Rs 10,000 market price
Two or three India Web businesses are being formed every day
More than 100,000 domain names registered from India
More than 23,000 India-centric websites
IMRB estimates that e-commerce in India will grow from Rs 12 crore in 1998 to Rs 25,000 crore by year 2001.
Vajpayee launches Rs 100-crore National Venture Fund