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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

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