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Weekly Digest (16th-23rd May 2014)

MediaNama would like to thank its sponsors: Spice Digital, Antfarm, CCAvenue, India.com, CIS and E2E for their support.

Earnings-Mar14

– Non-flight revenues accounted for 41% of MakeMyTrip’s revenues in FY14
– RCOM’s Gurdeep Singh on Apple tie-up; Shorter EMI-like Zero Plans & more devices
– Vodafone India Q4-FY14 revenues up 11% to £1.04 Bn; ARPU at Rs 192
– Vodafone India completes pan-India M-Pesa rollout in Q4-FY14
– Vodafone India adds 6.3M data connections in Q4-FY14; Crosses 50M mark

Investment & M&A

– Live blog: Flipkart acquires Myntra
– Update: Flipkart buys Myntra; Mukesh Bansal to join Flipkart board
– E-learning startup Zaya Labs secures investment from Pearson’s education fund
– Amid Flipkart-Myntra acquisition talks, Snapdeal raises $100M at $1 billion valuation
– PubMatic acquires New York based Mocean Moblie

– Chumbak secures investment from Matrix Partners & SeedFund
– MasterCard acquires Pune-based ElectraCard
– Vodacom acquires Tata Communication’s Neotel for $676.45 million
– Onmobile Systems Inc increases Shareholding in Onmobile to 43.46%

Other Updates:

– Here’s what Indian investors think of Flipkart’s acquisition of Myntra
– eBay India asks users and merchants to change password after a breach by hackers
– Myntra to increase focus on original fashion brands; Plans to have 15-20 of them
– Here’s what Indian e-commerce companies think of Flipkart’s acquisition of Myntra

– Micromax’s Unite 2 allows users to type in 20 Indian languages
– Mindshare appoints Vinod Thadani as CDO for South Asia
– MapMyIndia says Lightbox and Nexus Ventures are not exiting firm
– Quikr’s Gagan Singla joins SimpliLearn as its CMO

– Key Events In Myntra’s Journey : A Timeline
– Foreign holdings control 34% of Myntra’s equity shares
– Mumbai based pizzeria tests drone based pizza delivery #PublicityStunt
– Updated: Kavin Bharti Mittal to lead Hoppr after founders leave; Hike integration?

– FindURClass & HotelsAroundYou join VentureNursery; MartMobi joins TechStars
– Only Twitter can solve @PMOIndia controversy #Handlegate
– Carrier billing service Mopay launches operations in India
– Election 2014 on Twitter and Facebook by the numbers

– Rajshri signs up with Believe Digital for a global push for its music content
– Relativity Media forms $100 million JV with B4U; will start an Indian streaming site
– Digest: Airtel, Vodafone, Nokia, Apple-Beats and Motorola
– S Mobility completes buyback: Promoter holding now 74.36%

– Amazon’s Junglee.com now lets you buy products
– Does Android violate Oracle’s copyright?
– DoT wants to bring mobiles under Telegraph Act
– Marketing firm scrapes voter data from EC website to let political parties micro-target
– 68.3% of 14.5M Indian smartphone shipments in Q1 2014 were 3G smartphones: Report

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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