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Weekly Digest (25th-02nd May 2014)

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


– 43% of LinkedIn’s traffic in Q1 2014 was mobile; $38.5M APAC revenues
– Nokia announces operating profit of €304 million in Q1 2014
– 80% of Twitter’s ad revenues in Q1 2014 was from mobile
– Airtel Q4-FY14 profit at Rs 962 crore; India mobile data revenues at Rs 1,325 Cr

– Airtel Money’s India transactions up 25.8% QoQ; Amount transacted at Rs 1,364 Crore
– Airtel reports 10.98M 3G & 58.08M data connections for Q4-FY14
– Idea Cellular adds 5.1M 3G users in FY14; Mobile Data Base at 25.26M

Investment & M&A

– TaxiForSure raises $10M and plans to expand services to 20 cities
– Here’s what Yepme is doing with funding from Helion
– Flipkart in trouble? Enforcement Directorate to send notice over alleged FEMA breach
– Sherpalo & KPCB holds on to InMobi and passes other Indian investments to Lightbox

– Concur increases stake in ClearTrip
– Grey Orange Robotics secures investment from Tiger Global & Blume Ventures
– Vantage Circle secures Rs 1.2 Cr funding; on monetization & shift from deals
– Sirion Labs raises $4.58 mn from Sequoia Capital

Other Updates:

– Vserv plans to launch native advertising this quarter
Advertising Standards Council of India pulls up Naaptol for false advertising
– MobiKwik adds two-step authentication and self destruct features to its app
– BusIndia will soon let you book train tickets and reserve cabs

– Funding Digest: Avaz, Nestopia
– Flipkart’s Myntra acquisition talks stalled for now and here’s why
– 4G roundup: Airtel extends 4G on mobile to 3 new cities; Aircel-DoT & Videocon’s 4G rollout
– 50% transactions on Snapdeal are on mobile; How much on yours Flipkart?

– The Switch To Mobile
– Foradian Technologies raises $2 mn funding from William Bissell
– 500 Startups Batch 9: InterviewMaster, TargetingMantra & Sourceasy
– TDSAT allows 3G intra-circle roaming agreements & quashes penalties; Timeline

– Rentala Chandrashekhar resigns as OnMobile director
– Can’t ban it away – by The Indian Express
– MediaNama’s Reddit AMA Today at 2:30 pm
– JustDial adds travel and ticketing service

– UberHealth launches preventive healthcare solution
– RBI wants to set up a central bill payment system and here’s how it will help you
– Extraaa Innings wants you to tweet to view extra IPL content
– Idea Cellular’s Mobile Internet Business In Charts – Q4-FY14

– Nokia appoints Rajeev Suri as President and CEO
– Takedown notice sent against Akbaruddin Owaisi hate speech videos
– Yet another e-commerce site shuts down: AllSchoolStuff stops operations
– IndiaPlaza.com goes offline

– RCOM inks intra-circle pacts with other telcos to offer pan-India 3G roaming
– Here’s how Flipkart is offering same day delivery in 10 cities
– India has the slowest high-speed broadband adoption internationally: Akamai
– Eros Now starts offering television content

– Japanese e-commerce giant Rakuten planning acquisitions to enter India
– Amazon continues to lobby for FDI in e-commerce

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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