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Weekly Digest (1st-8th November 2013)

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

Earnings-Sep13

– 3G Data Ecosystem Not Evolved In India, 2G Sufficient – Telenor CEO Jon Fredrik Baksaas
– Tanla Q2-FY14 Loss At Rs 6.2 Cr; 10th Straight Loss Making Quarter
– S Mobility Profits Up To Rs 8.45 Cr For Q1-FY14; Revenue Down 1.7% YoY
– MakeMyTrip Reports $7.5M Loss In Q2-FY14; Air Ticketing & Hotel Booking Revenue Up

Data

– 2.29 Million Mobile Number Portability Requests In India In September 2013
– IMPS Data: 53.75M Mobile Money IDs, Rs 784.72 Crore Transacted In October 2013
– Sep 2013: 738.86M Active Mobile Connections In India; RCOM Loses 10.5M Connections

Investment & M&A

– Zomato Raises $37M From Sequoia Capital & Info Edge; Expands To 3 New Markets
– Shotformats Raises Investment From Matrix Partners India
– BlackBerry Scraps Sale Plans & Raises $1Bn; John Chen Is New Interim CEO
– Velti To Sell Its India Mobile Marketing Biz To GSO Capital Partners; MobClix Shut
– Airtel To Acquire Warid Congo

Other Updates:

Management Change At FashionAndYou; Twitter India Team Expanded
– Two Years Later, Indian Govt Responds To Identity Project Concerns Raised By Standing Committee
– Kingfisher Launches Kinglish, The World’s First Crowdsourced Font – LightHouse Insights
– Videocon Launches Ayurvedic M-Health Service With COD For Delivery Of Medicines

– WhatsApp Claims 25M Monthly Active Users In India
– Govt To Rollout NIC Cloud Service As Part Of Meghraj In December 2013
– BoxTV Partners Angel TV & Splentrix Solutions For Bengali Content
– On The 99 Acres Controversy, User Generated Listings & Intermediary Liability

– DTDC Launches E-Commmerce Marketplace
– Uninor CEO Yogesh Malik Resigns; Sigve Brekke Is Acting CEO
– Online Housing Portal Housing.com Introduces Agent Map For Agent Search
– Gati E-Commerce Revenue Grew 155% in Q1-FY14

– Google India Revenues Up 79% To $331.77 Million In FY13; Ad Revenues Up 4x
– What Does Spy Files 3 Reveal About Surveillance In India? – CIS India
– Infibeam Plans To Take BuildaBazaar To 10 Countries In The Next Year
– Google Impact Challenge Winners: Digital Green, Janaagraha, Agastya, SANA

– Taxi Startups Will Share Traffic Data With Governments To Solve Traffic Congestion
– Reliance Industries Gets Prepaid Wallet License From RBI
– Swype Keyboard Adds Support For Gujarati, Malayalam, Marathi & Telugu
– Spy Files 3: WikiLeaks Sheds More Light On The Global Surveillance Industry – CIS India

– Retailers Complain Against E-Commerce Companies To Competition Commission; But Is It Warranted?
– Microsoft Ventures Has Not Invested In BookPad Or Praxify
– Mobile Marketing Company Brandtone Launches India Operations
– Indian Govt Requested For Info On 65 Apple Devices Between Jan-June 2013

– Gecko Gets 7,500 Pre-Orders; More Connected Devices In The Works
– Mahindra Comviva To Manage Airtel Bangladesh’s VAS Operations
– Nimbuzz Adds Travel Booking To Its App; Powered By Cleartrip
– E-Commerce Digest: Amazon, IRCTC & Snapdeal

– Updated: Tanla Integrates GameOn To Electronic Arts’s NFS:The Run
– LSR College, Bluebells School & Others To Provide Coursera Courses Offline
– FDI May Soon Be Allowed In Certain E-Retail Ventures: Report
– Gupshup CEO Beerud Sheth On Telco Regulators, Policy Intent vs Execution & Others
– “25% Of My Time Is Spent Engaging With The Government” – Olacabs’s Bhavish Aggarwal

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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