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Weekly Digest (2nd-9th August 2013)


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

Earnings-June 2013

– More Than 70% Of Ybrant Digital’s Revenue Is From Digital Marketing
– Hotel & Packages Now Contributes 41.75% of MakeMyTrip’s Net Revenues
– Web Accounted For Only 7% Of NDTV Revenues In FY13
– Internet Accounts For 66% of JustDial’s Search Requests In Q1-FY14; The Challenge

– LinkedIn APAC Revenues At $27.8M For Q2 2013; 238.1M Members Globally
– Idea Cellular Adds 4.7M Data Connections In Q1-FY14; 398MB 3G Data/Sub
– OnMobile Concall: More Buyback Pressure, MTN, LiveWire, Music
– Reliance Communications Q1-FY14: 7.7M 3G, 31.1M Data Subs, 342MB Data/Sub
– Tata Teleservices Maharastra Q1-FY14: VAS & Data At 39% Of Wireless Revenues

Investment & M&A

– Updated: One97 Communications Acquires IM App Plustxt For $2M
– Urban Ladder Says SAIF Deal Not Done Yet
– SquareKey Raises Funds From 500 Startups & Others
– LivQuik Raises Funds From Snow Leopard Technology Ventures

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– Biosense Technologies’ uChek To Raise $42,000 Through Crowdfunding
– Cashkaro Raises $750,000 From UK Based Angel Investors
– IndiaCollegeSearch Secures Funding From Indian Angel Network
– Updated: TimesCity Acqui-hires Restaurant Recommendation Mobile App Gawbl

Other Updates:

– Digest: Vodafone India, Government Websites, Dhingana, Indian Idol Junior
– PlanetRadiocity Launches Online Collectible Shop; Our Take
– Tradus Launches Location Based Marketplace; Why?
– Changes At MakeMyTrip: Rajesh Magow Is India CEO, Mohit Kabra Is CFO

– Micromax Co-Founder Rajesh Aggarwal Arrested By CBI On Graft Charges
– Manish Vij On The Impact Of The Advertiser-Agency Payment Cycles On The Digital Ecosystem
– Updated: Flipkart Extends Its eBook App To iOS, WP8 & Web; Nokia Bundling Deal
– Aircel’s Arvinder Gujral Joins Twitter India As Mobile Biz Dev Head

– WhatsApp Claims To Have 20M Active Users In India; Adds Push To Talk Voice Messaging
– Rockstand Partners Delhi Press, Next-Gen Publishing, Hay market & More For Content
– Graphic India Launches Mahabharata Web Series On YouTube
– Avinash Mudaliar Joins Saregama As Head Of Internet Products & Services

– 9M Smartphone Shipped In India In Q2 2013, 3rd Largest Smartphone Market: Canalys
– On The Regressive Web Insurance Aggregator Regulations Proposed By IRDA
– India’s Unified License Guidelines: Roaming Pacts, Cross Ownership, Broadcast
– Saavn To Offer Movie Downloads and Music Videos: Report

– Updated Digest: BillPay2India, SeventyNine, AaramShop, FirstCry & GoodLife, Komli
– Why HealthKart Is Launching Offline Stores
– HP To Shut Snapfish India On September 16, 2013
– Changes At Times Internet: Avinash Mudaliar Leaves; Miten Sampat, Pawan Agarwal, Swapnil Shrivastav Join

– Updated: TRAI: 164.8M Internet Connections In March 2013; 143.2M Mobile Internet Connections
– Delhivery Suspends Gharpay Deliveries For Some Clients Till Sept 30th
– FishSpot.in Debuts Online Store For Fish Supplies
– OnMobile Expects Impact Of TRAI Guidelines On Revenues To Be “Moderate”

– Bhuvan Goes Mobile, But Not On Play Store
– Motorola Debuts Customizable Moto X; Focus On Personalization
– 92.03L IT Returns E-Filed Till July 30, 2013; Due Date Extended To Aug 5
– Gupshup Adds Support For 9 Indian Languages; Viber Gets Hindi Interface

– Updated: Avenues Launches Ecommerce Marketplace Dhamaal.com
– Twitter Withheld 3 Tweets In India Between January – June 2013

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