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Weekly Digest (05th-12th June 2015)

MediaNama would like to thank its sponsors:Paytm, Getit, Times Internet, Akamai and E2E for their support. Investment & M&A - Funding roundup: AdStringO, Allizhealth, Voonik and PayMango - Fetchr raises $11M from New Enterprise Associates & others - Duolingo raises $45M from Google Capital and others - Printland raises an undisclosed amount of funding from SIDBI - Swiggy raises $16.5M from Norwest, SAIF and Accel - PVR to acquire DLF Group’s DT Cinemas for Rs 500 crore Other Updates: - GoIbibo’s mobile bookings exceed its desktop bookings - Foxconn may manufacture Apple iPhones in India - Reliance Retail to launch fashion & lifestyle online store by end of this year: Mukesh Ambani - Reliance Jio commercial operations to begin in December: Mukesh Ambani - HealthKart launches weight loss products private label Incredio - PIL opposes 55 additions to Tamil Unicode Standard - ZEEL forays into original digital content with instrumental musical series - Twitter CEO Dick Costolo steps down; Direct messages’ 140 character limit removed - Updated: Apple Music launched at $10/month; offline listening for paid subscribers - Justdial looking to launch payments biz JD Cash in Q2-FY16 - Industry Moves roundup: Flipkart and BlackBerry India - Justdial’s Search Plus app to be launched in July for Android & iOS - Facebook is beta testing a buy button for Shopify merchants - Google to speed up webpage load time on mobile in India - Twitter makes public blocked users’ lists; adds popular conversation threads - Train tickets booked through MakeMyTrip on a sharp decline - Google Now introduces Location Aware Search - NDTV plans e-commerce foray in food, auto and gadgets - Justdial looking to…

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