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Weekly Digest (21st-28th June 2013)


MediaNama would like to thank its sponsors: CCAvenue, E2E, Spice Digital and Times Internet for their support.

Investment & M&A

Burda Buys Magazine Publisher EMM; To Invest Rs 150 Cr In India
PlayBlazer Raises Angel Funding From Samir Bangara
Updated: Naspers Had Invested Around $102.1M In Flipkart For 10% Stake
Shopping Search Engine Buyt.in Raises $1M Funding

Wego Raises $17 Million From Crescent Point, Victoria Capital & Tiger Global
Angel Fund Guidelines: Helps Superangels, Keeps Out Smaller Investors – Capital Mind
“Exits Are Rare In India. When One Comes Along, You Take It”: Phanindra Sama – StartupCentral
WeAreHolidays Raises Funding From Blume Ventures, Mumbai Angels & Others

Updated: Minjar Denies Adepto Acquisition
OnlinePrasad Raises Funds From GrowthStory

Data

IMPS Data: 50.74M Mobile Money IDs, Just 407,685 Txns In May 2013
May 2013: India Added Over 3.10 Million GSM Connections

Other Updates:

RCOM Unveils New iPhone Data Plans; Free Facebook, WhatsApp & Twitter Access
MediaNama Turns 5; What Can We Do For You?
MakeMyTrip Offers Bus Ticketing Via SMS
Online Restaurant Reservation Service TableGrabber Expands To Brazil & Chile

Over 3600 Websites Contain Malware In India: Google Transparency Report
Shifu Offers Contextual ToDo & Reminders On Android
Mahindra Comviva Launches mPOS Solution payPLUS
IndiaVotes Integrates Election Data On Maps

Chart: Zomato Ad Revenues vs Event Ticketing Revenues For FY13
BoxTV Partners Celestial Pictures To Offer Shaw Brothers Movies
Airtel Partners Google To Offer Free Google Search, Gmail & Google+
DoT Orders ISPs To Block 39 Websites That Allow Sharing Of Pornographic Content

Update: Airtel, Idea & Tata DOCOMO Reduce Its 2G Data Rates In Select Circles
Updated: Supreme Court To Hear PIL Against NSA Surveillance Of Indian Data – Report
Sameer Pitalwalla Quits Disney; Plans A Digital Video Startup
Updated: Filesharing Sites Uploaded.net, Ul.to, Stooorage & Blog On Politics Blocked On Some ISPs

Airtel Partners J&K Bank To Offer Airtel Money
ZDNet Launches Indian Edition; Not Local Enough
2.66M Tablets Shipped In 2012, 78% Are Low Cost 7-inch Tablets: IDC
“We Have A Lot Of Patience, And A Very, Very Long Term Outlook” – Amazon India’s Amit Agarwal

Money-On-Mobile: 53M Users, Rs 887.3M Processed Transactions As Of May 2013
Eros International In FY13: Rs 154.5 Cr Profit; Rs 1,074.4 Cr Revenue
Amazon India Now Offers Mobiles, Tablets, Laptops, Cameras & More
Updated: NPCI’s RuPay Enables E-Commerce Payments; RuPay Roadmap

Snapdeal Launches Fulfillment Service SafeShip For Sellers
Tata Communications To Digitise Historical Documents In India: Report
What Does NSA PRISM Program Mean To India? – CIS India
Nokia Extends Mail For Exchange App To Asha Touch Devices In India

Airtel Reduces 4G Data Tariff; Who Really Uses Airtel 4G?
Google Search Now Offers Flight Status for Indian Flights
Updated: Google Launches Crisis Maps & People Finder For Uttarakhand Floods; Other Initiatives

Useful Lists:

Deals: VC, PE & M&A In Internet, Mobile, Media in India
Short Code Services in India
Circlewise List Of Telecom Operators in India
Statewise Broadband Subscribers In India
Digital Payment Companies in India
Advertising Networks in India

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