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Weekly Digest (25th-01st August 2014)

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


– 45% of LinkedIn’s traffic & avg visiting members in Q2 2014 was mobile
– OnMobile posts Rs 12.1 Cr loss in Q1-FY15 due to increased content costs in Europe
– 123Greetings gift shipments up 3x to 0.12M for Q1-FY15; Mobile e-cards up 60%
– Hotel & Packages biz is now bigger than Air Ticketing for MakeMyTrip

– Airtel Q1-FY15 profit at Rs 1108 crore; Mobile data revenue at Rs 2204 Cr globally
– Airtel has 39.32 M Mobile Internet connections, 12.53 M 3G after culling incidental users in Q1-FY15
– HT Media’s digital revenues at Rs 23.7 Cr for Q1-FY15; Digital loss down 28.5% YoY
– Ybrant’s digital marketing revenues up 21.6% YoY to Rs 341.1 Cr for Q1-FY15

– JustDial’s paid campaigns up 25.2% YoY to 0.28M in Q1-FY15; Search?
– JustDial plans rollout to emerging markets; Justdial Global license agreement
– Vodafone India reports 0.3M active M-Pesa users in Q1-FY15
– Vodafone India reaches 10M 3G connections in Q1-FY15

Investment & M&A

– Inox acquires 100% stake in Satyam Cineplexes; To open 156 new screens
– Funding Roundup: SocialCops, AppDra, Remedinet
– After Flipkart’s 1Bn fundraising, Amazon announces $2Bn investment in India
– Flipkart secures $1Bn investment from Singapore’s GIC, Tiger Global, Naspers & Others

– Wipro reportedly setting up $100M fund to invest in technology startups
– Big data analytics firm Peel-Works raises $2M from IDG Ventures & Inventus Capital
– Scroll.in raises funding from Omidyar Network
– Forbes sells majority stake to Hong Kong-based investor group

Other Updates:

– NSIC launches MSME-focused e-commerce site; Indic Interface & CoD only
– Digest: MapMyIndia, TaxiForSure, Amar Ujala, RBI and others
– #NAMAindic: A Summary
– TRAI organizing seminar on regulating online services on August 5th 2014

– Google India adds 76 new Heritage Sites to Street View
– Not a single tweet withheld in India between Jan-June 2014: Twitter Transparency report
– Amazon & Snapdeal looking at acquisitions & investments with new appointments
– An Indic language wishlist for Government – #NAMAindic

– Microsoft to bring Cortana digital assistant to India with Windows Phone 8.1 update
– Indic advertisements have 4x CTR’s, but creatives and data are an issue – #NAMAindic
– Would you use BJP’s WhatsApp-like multimedia messaging service?
– InMobi debuts new game monetization solution; $25M fund for indie game devs

– Indian Govt launches MyGov portal to crowdsource governance ideas
– Facebook signs its first ad agency deal in India with GroupM
– Should the Indian government mandate Indic languages for mobile handsets? #NAMAindic
– Ecommerce in India will go the Indic way soon – #NAMAindic

– Social trumps search for Indian language publishers online – #NAMAindic
– Vuclip partners ESPNcricinfo to bring cricket content on its platform
– Google Mapathon case to be investigated by CBI’s cyber security cell
– Updated: ACT Broadband rebranded as ACT Fibernet; To invest Rs 500 Crore to double its base

– Microsoft Ventures Accelerator Batch 5: AppKnox, Playblazer, Tru Tech & Others
– Airtel Money’s Africa userbase up 22.9% QoQ; Amount transacted at $2.19Bn
– Rockstand signs content deals with Malayala Manorama, Mathrubhumi & others
– Amazon opens fulfillment center in Chennai; Opening four more centers next month

– IOB launches mPOS solution Bijlipay with Skilworth Technologies tie-up
– Zomato CMO Alok Jain quits
– Knowlarity raises $16M in Series B funding from Sequoia and Mayfield Advisors
– Update: PoochO users complain of incorrect numbers; App launched in Delhi earlier this month

– Cleartrip expands Hotel service with ‘Weekend Getaways’ launch
– Industry Moves: Komli Media, Vserv.mobi & Airtel
– IndiaProperty launches an interactive 3D Virtual Property Tour
– Dell’s Ganesh Lakshminarayanan appointed Mu Sigma India MD

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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