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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.


– 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 at 43%
– Tradus starts selling groceries by tying up with local sellers

– You can now pick up Amazon shipments from kirana stores in Bangalore
– NetworkPlay ties up with IGI to launch an airport TV network
– Freecharge COO Deap Ubhi Joins AWS In San Francisco
– Saregama partners Believe Digital for global distribution

– Gulshan Verma appointed as Outbrain India country manager
– TRAI wants to set minimum speed of 1Mbps for 3G and 56Kbps for 2G connections
– You don’t need to turn off your phone in Indian flights anymore; no WiFi yet
– Motorola Mobility appoints Amit Boni as India GM

– Updated: Some of Naukri’s passwords might have been compromised
– T-Series releases the latest album of UK artist & producer Arjun on YouTube
– Vuclip partners Tips Industries for Bollywood and Indipop music content
– Update: ACT Broadband reportedly blocking torrent sites in Bangalore

– Micromax starts manufacturing tablets in India
– Now Dell warns shoppers against buying from Snapdeal
– Ericsson sues Intex for patent infringement in Delhi HC
– Sruthijith KK Is Editor of Quartz India; On India plans, Scroll Partnership, Native Ads

– India is the largest market for WhatsApp with 48M monthly active users
– Facepalm! Tata DOCOMO forgot to renew its domains
– Money on Mobile claims to have 86.6M users as of March 2014; Financials
– Sony Music to manage Zee Music’s digital assets globally sans YouTube

– Shoot the messenger: NSE sues GoDaddy for copyright & trademark infringement of NSE NOW
– Updated: Nokia’s devices & services biz to be renamed Microsoft Mobile; Deal closing on April 25
– BoxTV inks content deal with KM plus Media
– Gaurav Kachru joins as CEO of Bag It Today

– Yepme.com targets global market
– Reliance Jio signs yet another tower sharing agreement; this time with ATC India
– Celebrities Suing Brands For A Tweet – Katherine Heigl Vs. Pharmacy Chain Duane Reade – Karthik Srinivasan
– LinkedIn claims to have 300 million registered members
– Policy digest: No WiFi for Air India flights; tracking transfers; DDA & telecom billing

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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