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Weekly Digest (14th-21st March 2014)

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


– IMPS Data: 58.15M Mobile Money IDs, Rs 1,531.16 Crore Transacted In February 2014

Investment & M&A

– Calpian raises funding for Money On Mobile; userbase & metrics
– Payment solution provider Innoviti secures Rs 10 Cr from Tata Capital & others
– Tea Retail Startup Teabox Raises $1 Mn From Accel Partners, Horizen Ventures – StartupCentral
– Ezetap secures funding from American Express for loyalty & reward services

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– IbiboGroup acquires bus tracking company YourBus
– Funding Roundup: Kapsica, Unspun, iKure, Fin, Vinculum & Others
– Info Edge invests Rs 13.5 Crore in Canvera to increase its stake to 32%
– BlueStone secures $10M from Kalaari Capital & others
– Updated: Rdio buys Dhingana to Enter India

Other Updates:

VentureNursery’s 4th Startup Batch: Invenzon, SeekSherpa, SupplyChainExchange & TheLifeCard
– Digest: Sam Pitroda, Ozone Media, Amazon & others
– Micromax, MediaTek & Aircel tie-up to offer data-bundled devices
– Supporting Malayalam might soon become easier for app developers

– Update: Quartz launching India edition in June in collaboration with Scroll.in
– Mumbai cyber crime cell sends takedown request to TwoCircles
– Flipkart partners Publish On Demand Global for E-Book content
– Sun TV to offer pay-per-view content on YouTube and iTunes

– India Today Group Forms JV With Hearst Corp; Sanjay Thapar Is CEO
– Facebook Messenger now lets Android users make voice calls in India
– Pinterest introduces Hindi edition
– Why Startups Should Take A Serious Look At Mumbai Venture Lender IntelleGrow – StartupCentral

– ShopClues adds Wholesale section with Clues Club membership; No CoD
– Digest: Wishberg, Jabong, KoolSkool, Airtel, Ezeego1, DoT & graphic novels
– Microsoft launching Xbox One in India this September; no word on pricing yet
– Update: Whistleblower website Savukku blocked on MTNL and BSNL

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– Amazon pilots in-store pick up service in Delhi and Mumbai with BPCL
– De-Coding Indian Intellectual Property Law – On the Need for Network Neutrality: SpicyIP
– Reliance Jio & Viom Networks Sign Tower Infra Sharing Agreement
– Dropbox looking to work with telcos and ISPs to enter Indian market

– Gaurav Burman Resigns From Elephant Capital Board
– India Today denied temporary injunction over use of its trademark ‘Today’
– Commerce Minister Anand Sharma says he favors 100% FDI In E-Commerce
– Madras HC gives a thumbs up to e-auction of NPAs; Here’s why we need it

– Airtel Enterprises CMO Sukesh Jain & 4 Senior Executives Quit Airtel
– SBI debuts payments aggregator SBIePay
– CCI orders antitrust probe against IRCTC for allegedly restricting e-ticketing progress

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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