Business World feature on dotcom bubble bust. They have talked to five people involved in the dotcom up and down: We should have... we shouldn't have... (Free, but registration required)
Of the names talked about there, Rajesh Jain and BG Mahesh have built portals. Rajesh sold it, Mahesh, I think, is still involved in Indiainfo.com. Poster boy Lulla cannot truly be called an Internet entrepreneur. Indya.com was a Microland venture. Pradeep Kar was the brain. Lulla was the bait for Murdoch? I have no idea how popular or useful Indiaparenting was, or what they achieved, or are achieving now.
There are hundreds of entrepreneurs still out there building interesting ventures in the Internet sector, but the opportunity in pure Internet content creation and monetising that is zero for now.