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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. Earnings-Mar14 - 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…

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