so I remember nextbigwhat doing India's first ever - Indian startup API hackathon and frankly, that was the first and last attempt to do so.
Most of the Indian startups haven't opened their APIs - my guess is
a. lack of interest / expectations from the developer community.
b. lack of confidence on product security.
THe developer ecosystem is still not BIG in India - but having said that, it def takes a lot of courage to start as an API business (which ozonetel did !), so kudos to you guys