diff --git a/README.md b/README.md
index 944493c6a9..c1ba8f1699 100644
--- a/README.md
+++ b/README.md
@@ -117,7 +117,7 @@ target in the appropriate wheel repo.
 
 ### Installing third_party packages
 
-To add pip dependencies to your `WORKSPACE`, load the `pip_install` function, and call it to create the
+To add pip dependencies to your `WORKSPACE`, load the `pip_parse` function, and call it to create the
 central external repo and individual wheel external repos.