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Weekly Digest (24th-01th May 2015)

MediaNama would like to thank its sponsors:Paytm, Getit, Practo, Times Internet and E2Efor their support. Earnings-Mar15 - Twitter has 302 mn MAUs; plans to start counting SMS fast followers; buys TellApart - Airtel’s Mobile Internet usage increased 82% YoY in India; Data ARPU at Rs 176 in Q4 FY15 - Idea’s Q4 net profit jumps 60% to Rs 941.8 crore on the back of increased data usage - Non-mobile friendly sites won’t disappear from mobile searches: Omid Kordestani, Google Investment & M&A - Foodpanda raises $100 million from Goldman Sachs & Rocket Internet - Hello Curry acquires the food ordering and delivery service Paratha Post - Explara acquires IndianStage; both to gain data on the entertainment segment - Funding roundup: Jay Robotix, Tapcibo, Tracxn and LogicRoots - After AdIQuity, Flipkart acquires mobile marketing startup Appiterate - PropTiger acquires Makaan; Aditya Verma will report to Dhruv Agarwala - Travel Triangle raises $8M from Bessemer Venture Partners & SAIF - Icertis raises $6M from Greycroft & Fidelity Growth; to expand across India, US & EU - Babajob has raised $10 million from Australia based SEEK - Naaptol raises Rs 136 cr from Mitsui & Co and existing investors; may go international - Junglee co-founders Anand Rajaraman & Venky Harinarayan invest in Urban Ladder - Ratan Tata invests in Xiaomi; to be key advisor in India expansion Other Updates: - Microsoft Build: Cross-platform apps, Office as a platform, IoT and virtual reality - Grooveshark shuts down in the wake of serious copyright infringement issues - Updated: Lawsuit filed against Flipkart, Amazon & eBay for allegedly selling replicas of copyrighted sarees - BARC ratings…

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