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Weekly Digest (16th-23rd August 2013)

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

Investment & M&A

Purplle Secures Series A Investment From Blume Ventures, Mumbai Angels & Others
Spenta Multimedia Acquires Majority Stake In MW & Rolling Stone India Magazines
Airwoot Raises Investment From Kae Capital & Others
IndiaMART’s Biztradeshows Acquires PlayCez


India, Emerging Markets No Longer Top Draw For Global VCs – StartupCentral
Updated: Blume Ventures Invests In Infollion, VoxApp, Paletly & NowFloats
SocioSquare Raises $325K Angel Funding
Travel Intelligence Site Skift Raises Investment From Times Internet

Other Updates:

- Things Get Political For Twitter In India
- GSF #WhereDoWeGoNow: Phanindra Sama On ESOPs & redBus; Vishal Gondal On Angel Investing
Indian Govt Launches Open Repository For School Education
Finally! TRAI To Fine Telcos Rs 5000, Ban Marketers For SMS Spam

TRAI Recommends Increasing FDI Limit For News & Current Affairs Channels & FM To 49%
ZopNow Co-Founder & CEO BK Birla Ousted
TRAI Recommends 100% FDI In DTH, HITS, IPTV, Mobile TV, Cable Networks
Why Would You Buy Tom Tom’s Mobile Navigation App For India?

BoxTV Adds National Geographic Content
On HUL’s Regionally Targeted TV Campaign With Amagi
BSB Launches TinyMogul Games: Songquest & Shiva Go Live
JustDial To Add Cab Booking, Movie Tickets, Doctor Appointments; What Next?

The Terms For Migration To A Unified License For Telecom In India
Nokia Store Claims 2Bn Downloads In India; Indiagames Top Developer
Updated: Google Translate & Google Search Now Detects Hindi Handwriting
Social App Platform Adepto Has Ceased Operations, Says Blume Ventures

1.83 Million Mobile Number Portability Requests In India In May 2013
How Myntra Managed One Hour Delivery For Some E-commerce Purchases
TV18 Lays Off 30% Employees: Reports; Web18?
Airtel Launches Re 1 Entertainment Store To Offer Music, Games, & More

Times Internet Scaling Down E-commerce Operations; Subhanker Sarker No Longer Head Of Indiatimes Shopping
May 2013: India Has 15.13M Broadband, 727.92M Active Mobile Connections
Internet Based Voice Calls, Chat, Messaging Are Legal Says Indian Govt; Why Are Some SIP’s Blocked?
25295 Telemarketing Subscribers Blacklisted Disconnected By TRAI
One97 Brings Its Consumer Services Under The Paytm Brand As Digital Goods

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