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Weekly Digest (11th-18th July 2014)

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

Earnings-June14

– Naukri profit up 34.9% YoY to Rs 39.8 Cr for Q1-FY15; Net sales at Rs 144.9 Cr
– Google revenues at $16Bn for Q2 2014; Paid clicks up 25% while CPC dips 6%
– Yahoo APAC revenues down 8.3% YoY to $177.5M for Q2 2014

Investment & M&A

– TravelTriangle raises Rs.10 crore from SAIF Partners
– Qliktag acquires Pune-based digital agency Buzzfactory
– Boomerang Commerce raises $8.6M from Madrona Venture & Trinity Ventures
– Capillary Technologies raises $14M from Sequoia & Norwest

– Urban Ladder raises $21 million from Steadview Capital & others
– Reliance ADA Group and Bertelsmann’s owned RTL terminate content JV
– Onmobile completes Voxmobili sale to Synchronoss for $26M; Litigation settlement
– Bharti sells Beetel’s majority stake to Brightstar; The Softbank connection
– News In Shorts raises funding from Times Internet, Flipkart founders & others

Other Updates:

– Why Raghav Bahl should buy VCCircle
– Kerala Legislature moves to open source software; LibreOffice
– Jolla smartphone coming to India next month, exclusively on Snapdeal
– Microsoft to kill Nokia’s feature phones; Windows Phone the primary focus

– Indian Railways told not to discriminate against e-ticket holders
– Indian Govt probing unauthorised digital certificates issued by NICCA
– Nikesh Arora leaves Google to join Softbank; Airtel Connection?
– Microsoft to eliminate 18,000 positions; CEO Nadela informs employees via email

– Network18 Digital CEO Durga Raghunath Resigns
– Google reportedly spending $1Bn to subsidize & market Android One phones in India
– Final call for #NAMA: The Digital Future of Indic languages, July 24th, Bangalore
– The redBus sale: A cautionary tale – Mint

– Japanese messaging app LINE files for a IPO valued at $10B
– Social wishlist platform Wishberg to shut; Founders move to Freecharge
– Aircel launches 4G services in four circles; No word on rollout dates yet
– Can someone own common expressions? Bombay High Court says no

– Datawind raises C$30M in a shaky IPO at Toronto Stock Exchange
– Govt Services going online: Taj Mahal Tickets, UGC Complaints, Forest Approvals, NIESBUD Jobs
– Facebook-Palgarh Case: NHRC wants Maharashtra Govt pay the girls Rs 50,000 each
– Indian Govt plans a DNA profiles database to find missing persons; Privacy?

– You can now access Gmail in Nepali & 12 other languages
– Xiaomi launches 3 smartphones in India
– #AmazonCart launched in India; Tweet now, Shop later
– Airtel Africa sells 3,100 towers across 4 countries to Helios Towers Africa

– PoochO enables commuters to locate & book autos in Delhi
– More BuzzFeed clones in India: Indiatimes Quickstir, IBNLive Buzz, NDTV Offbeat
– Raghav Bahl plans digital news business; Hopefully, not another Web18
– Google Keyboard now supports Indian English

– Spice forays into smart watches with dual-SIM Smart Pulse
– Karnataka Govt Committee suggests complete ban of mobile phones in educational institutes
– MSME Ministry shows how not to launch a job portal
– Amazon India looks to push Kindle sales with 15-day trial offer

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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    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ