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The spectacular debut of Zomato and the many initial public offers (IPOs) lined up by tech-enabled business start-ups is being hailed as the coming of age for a new generation of Indian entrepreneurs. Forgotten in this hype is how much they owe to an earlier generation of pioneers who laid the foundations on which the new crop of start-ups is building its businesses. Driving the recent success stories in education, food delivery, retail, banking and mobility is the robust backend...