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Weekly Digest (18th-25th April 2014)

MediaNama would like to thank its sponsors: Spice Digital, Antfarm, CCAvenue, India.Com and E2E for their support. Earnings-Mar14 - Microsoft Q3-FY14: 4.4M Office 365 Subscribers, 2M Xbox sold, $494M Surface revenue - 59% of Facebook’s ad revenues in Q1 2014 were from mobile ads - Apple iPhone sales at 43.7M for Q2-FY14; India sales up 55% YoY Investment & M&A - Y Combinator rejigs deal model: $120K, 7% stake, no VC co-investors – StartupCentral - Jungle Ventures, 5 others get $48M from Singapore’s NRF – StartupCentral - OOH platform EatAds.com acquires Monitorly.in - Avagmah acquired by TutorVista founders Meena Ganesh and K Ganesh - Here’s why CommonFloor acquired Flat.to - Funding digest: Frrole raises $245k from LetsVenture; Zapstitch raises seed funding - Tech Mahindra to acquire 75% stake in analytics company Fix Stream for $10 million - Airbnb raising $450-500M from TPG; The Smile Connection Other Updates: - Building the next disruptive startup – Pravin Jadhav - Google+ head Vic Gundotra leaves the company - Duolingo now teaches you foreign languages in Hindi but the execution is flawed - Did you know? redBus has added a hotels section - Encyclopedia Britannica partners with Katha to publish ebooks - Starsports.com reports 4.7 mn unique visitors on its website during the first 7 days of IPL - Tata DOCOMO will now let subscribers use Truecaller without data charges - IMImobile partners African Press Organization to offer local news in Africa - Updated: NTT Docomo selling its 26.5% stake in Tata Teleservices by June 2014 - Gaana.com introduces skippable videos ads like YouTube - BuzzCity serves 20.9 bn mobile ads in India in Q4-FY14; smartphone penetration…

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