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Weekly Digest (23rd-30th May 2014)

MediaNama would like to thank its sponsors: Spice Digital, Antfarm, CCAvenue, India.com, CIS and E2E for their support. Earnings-Mar14 - OnMobile posts Rs 124.3 Cr loss in Q4-FY14 due to Synchronoss settlement & Telisma writedown - OnMobile Global writes down Rs 68 crore from Telisma acquisition - 123Greetings gift shipments up 2x to 88,348 orders In Q4-FY14; Mobile e-cards up 49% - Ybrant Digital marketing revenues up 45% YoY to Rs 298 Cr for Q4-FY14 - MTS India data card base down 4% QoQ to 1.29M In Q1 2014 - TV18 revenues at Rs 1,968.1 Cr for FY14; General News & Entertainment up, Biz News down - Dish TV adds 0.23M subscribers in Q4-FY14; ARPU up 7.6% YoY to Rs 170 - Network18 E-Commerce revenues at Rs 125.3 Cr for Q4-FY14; Content at Rs 24.1 Cr Investment & M&A - How Reliance Industries acquired Network18: A detailed timeline of events - RIL makes a strange Rs 2295 Cr open offer for Network18, TV18 & Infomedia18 - It’s official: RIL to acquire Network18; Gets board approval to invest up to Rs 4,000 Cr - Updated: Times Internet acquires CouponDunia; TimesDeal will be merged into it - Here’s what VCs want from the new government - Accel-funded HealthcareMagic gets acquired by US-based Ebix - Pepperfry secures $15M from Bertelsmann India Investments & Norwest Venture Partners - Policybazaar raises $20M to scale technology & marketing; Rs 270 Cr in insurance premium in FY14 - Demach Software, Mavin Technologies, LivQuik & CarIQ raise funding at QPrize - Toppr secures $2M investment from Helion Venture Partners & SAIF Partners - Updated: Flipkart raises $210M from DST…

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