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Weekly Digest (14th -21st February 2014)

MediaNama would like to thank its sponsors: Spice Digital, CCAvenue, Antfarm, Buongiorno, OnMobile, Astro Vision and E2E for their support.


– MTNL Reports Rs 428 Cr Profit On BWA Spectrum Surrender In Q3-FY14
– EROS International Reports Digital & Ancillary Revenues Of $12.9M For Q3-FY14, Down 5.15%
– Saregama Net Profit Down To Rs 1.02 Cr In Q3-FY14, Music Revenues Continue To Slide
– 123Greetings Ships 88,348 Gifts In Q3-FY14; Profit Down Due To Rise In E-Commerce Investment


– 2.50 Million Mobile Number Portability Requests In India In December 2013
– Dec 2013: 762.39M Active Mobile Connections In India; BSNL Loses 2.04M Connections

Investment & M&A

– Ezetap secures $8M investment from Helion Advisors & others
– India Approves Hitachi’s $250 Million Acquisition Of Prizm Payments
– Facebook Acquires WhatsApp For $19 Billion; Has 450M Active Users

– Updated: Bharti Airtel To Acquire Mumbai-Based Loop Mobile
– Blume Ventures Invests in IndianStage, AudioCompass, Tripvillas & Others
– Cabinet Approves Creation Of Two Semiconductor Fabrication Units
– Viber Sold For $900M; Has 105M Monthly Active Users

Other Updates:

The Lowdown: India’s Telecom M&A Rules
20KM Free WiFi Zone Launched In Patna; We Hope It Works
– Unilazer Ventures Enters Sports Management; Ropes In Supratik Sen As CEO
– Samsung Bundles Free WiFi, Cheaper 3G With Galaxy Grand 2 Purchase

– SMSCountry co-founder launches movie ticketing website in Qatar
– SMSGupShup shifting focus to enterprise messaging
– Digest: Hike 15 million registered users; Google adds more heritage sites to Street View; Bigcommerce starts India operations
– Housing launches New Project with 3D buildings to replace real estate brochures

– Industry Moves: Policybazaar Hires For M-Commerce, Marketing; MobME Appoints Advisors For Banking Push
– Elections 2014: Why Facebook isn’t the best platform for election campaigning
– Update: Lenovo And Toshiba Warns Against Buying From E-Commerce Retailers; Warranty Won’t Be Affected
– Indian Govt Brings All Localization Tools To One Platform

– Kumar Apoorv Joins Way2SMS & 160by2 As Group CEO
– Download: 2G Auction 2014 Results
– Groupon To Offer Deals On Messaging App LINE
– Aakash 4 Will Be Out In April: Report

– Flytxt Deploys Its Mobile Ad Platform On Idea Cellular
– MagicBricks Calls Out 99Acres On Its No1 Claim; 99Acres Responds
– December 2013: India Has 40.27M Wireless Broadband Connections
– StarSports.com Inks Vodafone Deal For Vodafone Sports; What Rights Exactly?

– Times Internet To Launch TechRadar India With Future Plc Tie-up
– Dilip Modi Takes Over From BK Modi As Chairman of S Mobility
– Starcom MediaVest Group Appoints Hanley King As India Chairman
– Fin Smart Ring Reaches Funding Goal Of $100,000 On Indiegogo

– Game4u Goes International; Targets Singapore And Malaysia
– Vote On Account 2014: Excise Duty Reduced For Phones, Printers, Smart Cards & More; Status Of Projects
– You’ll Soon Be Able To File An FIR Online In Delhi
– Times Internet Launches Travel Planning Site HappyTrips
– EROS Now Switches To A Freemium Model

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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