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Weekly Digest (22nd-29th August 2014)

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

Data

– 2.39 Million Mobile Number Portability Requests In India In June 2014

Earnings-June14

– HT Media plans digital acquisitions
– Spice Mobility’s device biz revenues up 30% YoY to Rs 382.9 Cr in Q4-FY14
– MTS India data card base up 8.5% QoQ to 1.4 million in Q2 2014

Investment & M&A

– Educomp sells majority stake in Gateforum to PE fund ASK Pravi
– Funding Roundup: iTiffin, Manthan Software and TinyOwl
– Meena & K Ganesh, Srikanth Iyer launch online furniture marketplace HomeLane
– ZoomIn acquires US-based Photojojo; Raises Rs 50 Cr funding

– MediaTek sets up R&D facility in Bangalore; to invest $200M in the country
– Altuix Innovations acquires M2M startup P-Device Systems
– Updated: Hike raises $65 million from Tiger Global, BSB
– Price comparison site PriceBag raises $2 million angel investment

– Data analytics company Cyient acquires data sciences firm Invati Insights
– E-commerce logistics company Holisol Logistics raises $1.5M investment
– Online relocation service provider EZMove raises Rs 1 Cr angel funding

Other Updates:

– The Lowdown: Digital Impact of the banking related Pradhan Mantri Jan Dhan Yojana
– Tech Mahindra to expand its Saral Rozgar job marketplace to 100,000 locations
– On RBI’s online billing guidelines: What about the small merchants?
– MTS to launch a movie streaming service MTS Movies for its subscribers

– Who might bid for Payment Banks? – Anand Raman
– Digest: Flipkart, Housing.com, Evernote, U2opia mobile & more
– DoT plans public wi-fi in cities with over 1M people; We hope it works
– dot Bharat domain launched in Devanagari script; Public availability in 3 months

– On the Times of India Group’s Social Media contracts for journalists
– Prashant Bindal appointed CEO of Spice Mobility
– DHL to pilot its APAC e-commerce solutions in India; To invest €100M in next 2 years
– Zovi and Indigo Consulting make new appointments

– TechRadar’s Indian edition goes live
– Updated: Snapdeal to sell flats with Tata Housing tie-up; Ratan Tata investment
– Over 50% of Truecaller’s 70M registered user base is from India
– Copying classifieds listings: copyright violation?

– Reliance Jio signs tower sharing deal with BSNL
– 38% of in-app purchases in chat apps are digital goods purchases: InMobi
– Saurabh Bhatia is new Vdopia CEO, Srikanth Kakani appointed CTO
– Sedition charges filed against college student following alleged offensive Facebook post

– Pitney Bowes India Accelerator’s first batch: RetailNav, Audianz, Heuristics & others
– Flipkart ties-up with Textiles Ministry to offer handloom products
– Moneycontrol CEO Joyson Thomas & IBNLive and CricketNext Head Arunava Sinha quit
– Facebook looks to reduce clickbait links by tracking how users behave after clicking them

– Ozone Media partners with advertising technology company AppNexus
– English daily DNA abruptly shuts its Bangalore & Pune editions
– MTV India launches a fitness and healthy living web series called Get Fit
– Layoffs at Onmobile as new management seeks profitability

– Junglee adds Jabong, Myntra, Lenskart, BabyOye, Zansaar & more as sellers
– Linguify.Mobile platform translates Quikr, Yepme apps into Hindi
– New TRAI regulation likely to lead to lower international call rates
– Meru Cabs: usage of foreign payment gateways violated RBI guidelines, FEMA rules

– BuzzFeed launches its Indian edition
– Uber may still be able to use a foreign payment gateway in India – Arkay & Arkay
– WhatsApp claims to have close to 65M monthly active users in India
– Spice launches Firefox OS smartphone Fire One Mi-FX 1, priced at Rs 2,299
– New RBI restrictions may impact your international online purchases

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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