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Weekly Digest (04th-11th July 2014)

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

Investment & M&A

– India.com parent acquired 26% stake in BrownPaperBag in FY14
– Gozoop acquires Mumbai-based technology firm iThink InfoTech
– Budget 2014: Rs 10,000 Cr Startup fund, Rural entrepreneurship, Bankruptcy framework & more
– Olacabs raises Rs 250 Cr from Steadview Capital, Sequoia Capital & others

– TV guide What’s ON acquired by Tribune Digital Ventures for $27M
– Pokkt secures $2.5M from JAFCO Asia, Singtel Innov8 & others
– Funding Roundup: Grabhouse, WizRocket & Transerv
– Reliance Mediaworks merges with Prime Focus

– Raghav Bahl Quits as Network18 MD; Network18 appoints new Board Members post RIL acquisition
– ShepHertz secures $1.5M from Kae Capital, Blume Ventures & others
– Reviews42 raises $5M from Tiger Global & others; Rebrands as Zopper
– Hungama raises $40M from Bessemer Venture Partners & others

Other Updates:

– Budget 2014 Reactions: online service tax, E-commerce, startups online insurance, manufacturing,
– India.com parent reported Rs 27.9 Cr Revenues, Rs 7 Cr Loss In FY14
– Industry moves: Dish TV, SureWaves & Wadhwani Foundation
– Vserv makes 5 new senior appointments for its Southeast Asia team

– OnMobile to deploy RBT & IVR solutions for Bangladesh telco Robi
– All Central govt services to be made available on non-functional eBiz Platform – Budget 2014
– Indian Govt looking to setup virtual classrooms & online courses – Budget 2014
– No FDI in E-commerce yet – Budget 2014

– Online and Mobile advertising back under service tax regime in India – Budget 2014
– Reliance Jio inks tower sharing agreement with Videocon Telecom
– Budget 2014-15 Live: The Digital Industry updates: Rs 10,00 Crore Startup fund, FDI In Insurance, E-commerce -platforms
– Meru Cabs asks RBI to extend recurring payment rules to foreign players like Uber

– #NAMA Discussion: The Digital Future of Indic languages, July 24th, Bangalore
– 30% of Cleartrip’s search traffic is mobile; Android vs iOS bookings
– ICICI Bank’s Unifare Card can also double up as Delhi Metro smart cards
– Networkplay to restructure, CEO Ampreet Singh resigns; Strange situation

– Investigation launched after NIC issues unauthorized certificates to Google sites
– Rail Budget 2014: Full of digital initiatives
– IRCTC to expand ticketing to book coaches, berths and seats – Rail Budget 2014
– WiFi at Railway Stations? We’ve heard of that before – Rail Budget 2014

– Lava ties up with KeyPoint to offer Indic interface & keyboard on Iris 402e
– What Indian YouTube MCN Qyuki plans to do with Universal Music content
– Tata Docomo users can stream YouTube videos for Rs.9 per day
– Xiaomi’s 16GB Mi3 smartphone to be available in India from July 15

– Amazon.in launches Tamil books collection; No ebooks on Kindle?
– Ad: Jobs – Matrimony, Sokrati, MediaNama, InoXapps, Live Media, Mobisy & More
– Blackberry planning to launch a healthcare services platform in India
– French ride-sharing service BlaBlaCar looks to enter India

– IAF launches 3D Combat Video Game: Unresponsive controls and sluggish UI
– World Cup 2014: 219 websites blocked in India, after Sony complaint

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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