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Weekly Digest (13th-20th June 2014)

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


– May 2014: India Added Over 6.18 Million GSM Connections

Investment & M&A

– Housing raises Rs 115 Cr from Helion, Qualcomm Ventures & Nexus VP
– SEBI proposes Rs 10 Cr limit for equity-based crowdfunding; only accredited investors
– BookMyShow secures Rs 150 Cr from SAIF Partners & existing investors
– Careers360 raises funds from 5 angel investors to launch a education marketplace
– HackerRank secures $9.2M from Khosla Ventures, Battery Ventures & others

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Other Updates:

InMobi reshuffles its top management
– Here’s how the NSA snoops on India
– Mahindra First Choice sold over 55,000 used cars online in FY14; Autoinspekt.com
– Voddler’s Bollywood VOD JV with Zee Group starts US rollout

– DoT wants to make Broadband Internet a basic right in new National Broadband Policy
– 54% of BlackBerry’s Q1-FY15 revenues was from services; $151M APAC revenues
– The Lowdown: Amazon announces Fire phone with some interesting software features
– Content removal on Facebook – a case of privatised censorship: CIS India

– Driving long distances? Find out how much you’ll end up spending on toll charges
– Rockstand partners Wiley Publication India for academic e-books
– Telenor ties up with Opera for Opera Max & other products
– Flipkart ties-up with SME associations to offer products from 50,000 SMEs

– Explara expands to US, UK & South East Asia through local partnerships
– First Global Data forms a mobile payment JV with RP Telebuy Skyshop
– Reliance Jio to launch in phased manner in 2015; Expanded trials next month
– One step closer to Xiaomi India launch: Official site up but no product details yet

– GSF Global Accelerator Batch: tripMD, GuideTrip, WizenWorld, Hashtago & others
– Hike claims to have 20M registered users but how many of them are active?
– Spuul adds Chromecast support to its Android app
– Security risk? Maintenance of Aadhaar data in the hands of a private company in Kerala

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– TimesCity starts table reservation via Twitter
– Times Television splits from the One Alliance
– Saregama profit at Rs 18.91 crore for FY14; Films & TV biz up, Music biz down
– SEBI Bars Proprieter of Fullonoption.com; Promo using WhatsApp, SMS

– Textile retailer Arvind to launch e-commerce store
– Telecom Digest: Batelco-STel, Nokia, Full MNP, International VAS, Jio, Nokia India
– Walmart launching B2B e-commerce pilot in Hyderabad & Lucknow next month
– Social media helpline of Mumbai Police might not be a good idea

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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