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Weekly Digest (9th-16th August 2013)


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

Earnings-June 2013

– Saregama Profit At Rs 1.83 Cr For Q1-FY14; Music Biz Down, Films & TV Biz Up
– MTNL Losses Down 37% QoQ To Rs 1256.19 Cr For Q1-FY14
– Eros International Profits Down 7% To Rs 29.3 Cr In Q1-FY14; Rs 194.2 Cr Revenue
– 123Greetings Gift Shipments Up 7% To 38,927 Orders in Q1-FY14
– Tanla To Launch Mobile Gaming Platform GameOn In Aug 2013; Losses Decline In Q1-FY14
– Cybermedia’s Media Biz Revenue Decreases By 36% In Q1-FY14

Investment & M&A

– Updated: Google Capital Looking To Invest In Tikona: Report
– Singtel Increases Airtel Stake To 32.34%
– Exclusive: Snapdeal Raises $75 Million From Softbank
– Tookitaki Raises $200K From Blume Ventures, India Internet Group, Harvard Angels & CIIE

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Other Updates:

– Tencent’s Option To Buy 50% In MIH India Expired On 17th June 2013
– MTV India Launches Video Show On Vine: Pick Me Up
– Updated: Manoj Padmanabhan To Head Zee New Media’s Ditto TV
– GSF Accelerator Batch 2 Graduates: ClinchPad, PosterGully, Browntape, DhilCare & More

– Microsoft Ventures India Batch 3 Startups: SignEasy, TommyJames, Whalelogix, AdSparx & More
– Exclusive: Senior Sales Departures At Yahoo India: Vishal Maheshwari & Chandrabhanu Pattajoshi
Facebook India Active Users Up 39% YoY To 82M In Q2 2013; Mobile Only?
– Digest: Limelight Networks, Thomas Cook India, Meru Cabs

– Samsung Rolls Out Indic Interface For 9 Languages; Content Tie-Ups
– JustDial’s Online Food Delivery Service Goes Live
– After RIL, Aircel Postpones 4G Rollout: Report
– Are Indian Consumer Laws Ready For The Digital Age? – CIS India

– Updated: Amazon India Adds Computer & Accessories Categories
– CNN-IBN, IBN7 CEO Dilip Venkatraman Leaves Network18 Group
– Indian Govt To Spend Rs 22.5 Crore On New Media Wing To Handle Social Media Accounts

– Hari Nair To Head Sony Music’s Digital Biz In India
– Will ASCI Be Able To Monitor Online Ads In India?
– The Redundancy Of Phone Customer Care – Karthik Srinivasan
– Paytm, Mobikwik Allocated Prepaid Wallet Licenses By RBI; Flipkart?
– Yatra Forgets To Renew Domain Name In Time

Also See: Digital & Telecom Jobs At JobNama

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