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Weekly Digest (6th-13th June 2014)

MediaNama would like to thank its sponsors: Spice Digital, Antfarm, India.com and E2E for their support. Earnings-Mar14 - Eros International’s digital & ancillary revenues up 16.6% YoY to $47.7M in FY14 Investment & M&A - Freshdesk raises $31M investment from Tiger Global, Accel Partners & Google Capital - Vizury raises $16M from Intel Capital, Ascent Capital and existing investors - Alibaba acquires Chinese mobile browser maker UCWeb - Ezetap acquires Hyderabad-based loyalty platform Clinknow - Funding Roundup: Touchtalent, Bombay Shirt Company and FortunePay - Money on Mobile acquires stake in Done Card parent OSS India - Eros International to acquire controlling stake in Techzone for Eros Now - Update: FashionAndYou raises $10M Series D funding Other Updates: - IMImobile files for £30M IPO on London’s AIM Exchange - Telenor seeks FIPB nod to increase Uninor stake to 100%; To invest Rs 780 crore - Ignitee Digital launches an integrated social CRM solution Social IQ - Times Internet to launch Indian editions of Say Media’s ReadWrite & Remodelista - Domain registrar GoDaddy files for a $100M IPO; Revenues & Shareholding - Tata Sky launches video service for PCs - Did being a marketplace help Flipkart? – Naman Sarawagi, FindYogi - Naukri: Media hiring down 7% month on month in May 2014 - Oravel shuts; Shifts focus to hotel chain OYO Rooms - Ezetap to deploy 0.5M POS terminals for State Bank of India - iStream team launches Pepper Media, a YouTube Multi Channel Network - redBus founders Phanindra Sama and Charan Kumar Raju to leave; Prakash Sangam appointed CEO - Cabinet Committee on UIDAI discontinued; Committee on Economic Affairs will oversee - Twitter wants to…

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