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Weekly Digest (24th-31st May 2013)

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

Earnings-Mar13

– Ybrant Digital Reports Rs 89.3 Cr Loss In Digital Marketing For Q4-FY13
– MTNL Losses Up 68% QoQ To Rs 1,985.9 Cr In Q4-FY13
– CyberMedia Reports Rs 1.77 Cr Loss In FY13; Rs 71.6 Cr Revenue
– Tanla Reports Rs 59.06 Cr Loss For Q4-FY13; Revenues Decline 34.1% In FY13

– 123Greetings Ships 43,644 Gifts For Q4-FY13; Profits Down 72% In FY13
– TV Today Revenues At Rs 312.7 Cr For FY13; TV Broadcasting Biz vs FM Radio Biz
– Saregama Posts Rs 8.11 Cr Profit In FY13; Revenues At 185.99 Cr
– MTS India Data Card Base At 1.56M; Non Voice Revenues Down 13% For Q1-FY13

Data

– 28.65 Lakh Mobile Number Portability Requests In India In March 2013
– March 2013: India Has 15.05M Broadband Connections; 722.96M Active Mobile Base

Investment & M&A

– Myntra Raised Around $25M Funding From Existing Investors
– Updated: Online Education Startup EduKart Secures $500K Investment From Kima Ventures & Others
– Snapdeal Acquires Handicraft Marketplace Shopo.in
– FirstPost Acquires Satire Site FakingNews.com

– Bedbathmore Raises Series A Investment From Blume Ventures
– Update: Tata Sons To Offload 2.84% Stake In Tata Teleservices Maharashtra
– Socialblood.org Raises Funds From Rajan Anandan, Blume Ventures & Others
– SaaS Provider Unicommerce Raises Funding From Nexus Venture Partners
– Zee News To Merge Its Broadcasting Biz With DNA

Other Updates:

Video Portal iStream Shuts Down
Indian Government Debuts e-Gov Appstore Pilot; No Download Support Yet
– Updated: India To Have Estimated 67M Connected Smartphones By End Of 2013: Report
– Forbes India Asks Top Editorial Team To Leave

– Aircel Launches Facebook Recharge App With Smart Refill Partnership
– Kerala Akshaya RTI: 33.1 Lakh Families Trained, 100% E-literacy In 5 Districts
– MapmyIndia To Offer GPS Solution On Tata Vista D90; TomTom Expand India Coverage
– Why Flipkart Shut Down Flyte Music

– Updated: Flipkart’s Flyte Music Store To Shut Down By 17th June 2013; Timeline
– Opera Partners Tata DOCOMO To Offer Co-Branded Opera Mini
– So You Want To Run A User Generated Content Portal? – Anika Gupta
– Spuul Inks Worldwide Distribution Deal With IndiaCast

– Startup Chile 7th Generation: Bitrockr, MicroSolar, Motorpaneer, TableGrabber & More
– Ishan Gupta On Starting Up And 18 Months Of EduKart – StartupCentral
– Facebook & Google Directed To Submit Safety Measures For Minors In India
– US Govt Directs Biosense’s uChek To Seek FDA Approval

– Punjabi Sahitya Akademi Digitizing Old Manuscripts For Online Archival
– We’re The Only Company In The Space That Has FDI Approval – Homeshop18 CEO Sundeep Malhotra
– Flipkart Appoints Kalyan Krishnamurthy As Interim CFO
– Airtel Digital TV DTH Offers On-Demand Video Via Broadband

– PlatformPlay To Monetize BrizzTV’s Ad Platform In India
– IMImobile Partners Content Connect Africa To Offer Local Content In Africa
– TRAI Introduces New Policy To Regulate SMS Spam & Commercial Calls

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

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