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Weekly Digest (01st-08th August 2014)

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


– 22% of Groupon India’s business is from mobile; More than 50% globally
– Tata Teleservices Maharashtra Q1-FY15 loss at Rs 122.9 Cr; Revenue up 4.2% YoY
– 81% of Twitter’s ad revenues in Q2 2014 were from mobile ads
– Samsung Q2 profits down 25%; Mobile sales down 30% YoY

Investment & M&A

– Online Doctor appointment service HelpingDoc secures Rs 10 crore investment
– Druva raises another $25M from existing investors
– MoveInSync raises $5M from Inventus, Qualcomm & Saama Capital
– Funding Roundup: Indus Insight, Capital Float and SmartOn

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– Skymet raises $4.5 million investment; To offer weather forecasts in Hindi, Marathi & 5 others
– AntFarm raises Series A funding from Bay Capital & Hausela Capital Partners
– Travel planning portal WeAreHolidays raises funding from Matrix Partners & others
– Vishal Gondal’s GOQii raises angel investment; To expand to Middle East & US later this year
– MTN Group reportedly in talks to acquire Tata Teleservices

Other Updates:

– Other comments from the TRAI’s Internet Services regulation seminar
– Telcos didn’t want to raise rev-share, b2b issues for mobile VAS, so why for Internet services? – Subho Ray, President, IAMAI
– Sell Goods on OLX, Get Discount on Flipkart; Naspers connection
– Getit Infomedia CEO Jaspreet Bindra resigns

– Amit Agarwal, Head of Content Ops for YouTube In South & South East Asia, Quits
– MapmyIndia partners with Pioneer to integrate Maps with in-car Entertainment systems
– Times Internet to launch Ad Age India; Subscription?
– The Hindu asks its journalists to avoid tweeting links from competing publications

– IIM Bangalore joins edX to offer online courses within the year
– Twitter Amplify launched in India with India-England Cricket content from Star Sports
– You ambushed each other, and now you’re trying to get someone else to save you – Venky Nishtala, CTO, Rediff
– Mahesh Uppal: Bring telecom operators on par with OTT providers

– Aircel launches ad-supported free Mobile Radio
– BBC on how its Indian Election messaging pilot worked on WhatsApp & WeChat
– Changes at Networkplay: Seventynine founders quit; Siddharth Kelkar to lead
– Indian Railways to spend Rs 55 crore to provide Wi-Fi in important trains; When?

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– Why Facebook joined the Indian Telecom Operator association COAI
– City guide TimeOut India shuts print editions to go digital-only from October
– Reliance Communications’ CS Rao: Telecom Operators & Internet services need to share revenues
– Money On Mobile revenue up 37.3% YoY to 897.3 Cr in FY14

– Nokia India head P Balaji resigns
– InMobi pulling the plug on its app distribution platform App Publish
– Baby products portal Firstcry to open more offline stores in India
– You could be labelled a ‘goonda’ in the eyes of the State – Bangalore Mirror

– Siddhartha Roy, COO, Hungama: If the consumer has a difficulty in paying for the data, we’re happy to come in and subsidise that data
– Is IRCTC shutting its e-commerce store?
– “A municipal water supplier does not decide what kind of Cola you drink” – One97 MD Vijay Shekhar Sharma on -Telco’s vs Internet
– You can now be arrested for sharing “objectionable” content in Karnataka

– TRAI Chairman: Telco’s & Internet co’s need to find models of working together without destroying value
– MapmyIndia debuts a rear seat entertainment device Buzz
– Spuul extends the offline sync feature to free users on its Android app
– TRAI directs telcos to specify minimum speeds of all its Internet plans to consumers

– BSNL posts Rs 7,085 Cr loss in FY14; Landline biz loss up, Revival plans
– JustDial to launch in UK next month; UAE in October
– PayPal appoints Vikram Narayan as India Country Manager
– India-England Cricket 2014: 107 websites blocked after STAR India complaint

Useful Lists:

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– 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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