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Weekly Digest (27th-04th July 2014)

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

Investment & M&A

– Do news websites in India need government approvals? Newslaundry.com files for FDI approval
– Online beauty & cosmetics store Nykaa secures Rs 20 crore investment
– Persistent Systems acquires some assets of Pune-based mobile ad firm Hoopz
– Akosha raises $5M from Sequoia Capital to expand its OneDirect enterprise suite

– Mu Sigma acquires Singapore-based social media analytics firm Webfluenz
– Zomato acquires Menumania; First of many global acquisitions to come
– Funding Roundup: Cardback, Greytip, Capital Float and Roposo
– MeraEvents raises $1 million from scientific event organizer OMICS International

Other Updates:

– SBI launches 6 digital branches with video conferencing pods, online booths & more
– Cisco to setup Internet of Things Innovation Hub in Bangalore with ELCIA tie-up
– Vuclip to offer full length Bollywood movies from Balaji Motion Pictures
– Mumbai Metro launches WiFi service with You Broadband tie-up

– Indian government is forcing PSUs to issue RuPay cards
– Idea Cellular and Opera bring Sponsored Web Passes to India in partnership with Quikr
– Hathway launches Broadband Movies with Eros Now
– You might soon be able to buy products without leaving the Twitter app

– Facebook looks to monetize India’s love for missed calls
– Tanveer Mohammad appointed as Uninor COO
– Pepper Media launches online reality show for fashion designers
– BITS Pilani ties-up with edX to offer open online courses

– Truecaller takes down the Recent Searches page that shouldn’t have existed to begin with
– Election Commission to replace 9 lakh EVMs after issues in Lok Sabha elections
– Audio books will now be easily available for visually impaired in India
– The curious case of PayUMoney’s wallet in India

– JagranJosh launches Facebook-inspired networking platform for exam aspirants
– India continues to have the lowest Average Internet speeds in Asia Pacific: Akamai
– AN Rai appointed BSNL’s interim CMD; PK Purwar is MTNL CMD
– The New York Times shuts India Ink

– Walmart India’s B2B e-commerce store goes live
– Fortumo launches in Pakistan with Telenor; offers up to 50% payout
– RS Desikan is no longer CEO of S Mobility
– Truecaller just got creepier: Lists all searched names and numbers on its website

– Frandship is dead: Orkut to shut down on September 30
– Your Facebook Newsfeed Is Always Being Manipulated
– Flipkart forays into self-branded tablets with Digiflip Pro
– MediaNama Turns 6
– Amazon to form e-commerce JV with Catamaran Ventures

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