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Weekly Digest (29th-05th September 2014)

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

Investment & M&A

– Funding Roundup: edabba, Tydy, myNoticePeriod and Bodhi
– Jabong to be merged into Rocket Internet and Kinnevik’s fashion e-commerce roll-up Global Fashion Group
– Freecharge raises $33M from Sofina, Sequoia Capital and RuNet
– Affle acquires app development company Appstudioz; To set up R&D facility in India

– Digital Video firm Culture Machine raises Series A funding from Zodius Capital for Asia expansion
– Airtel’s acquisition of Yu Mobile expected to be completed before year-end
Exclusive: Flipkart shutting Payzippy, invests in Ngpay

Other Updates:

– Industry moves: OnMobile Global, ZenithOptimedia and MEC India
– Govt surveillance agencies acting beyond mandate under cloak of national security: Report
– Updated: Yebhi becomes an online products aggregator and couponing site
– Samsung forays into e-learning with Smart Learning solution

– SMEs in the spotlight as e-commerce players look for tie-ups to increase seller base
– Flipkart Marketplace partners Capital Float & Lendingkart to offer sellers easy access to loans
– Facebook introduces Bandwidth Targeting to help advertisers tap into its feature phones user base
– Mumbai police ban use of drones in city; Amazon’s Prime Air’s test drive?

– New avatar for Naspers owned Tradus planned as CEO Mudit Khosla leaves co
– India considers licensing Internet content and services by reopening MVNO discussions
– Future Group to adopt an omni-commerce strategy to increase consumer access
– Govt wants servers in India; world wide web to be India wide web?

– Updated: Industry moves – Rameet Arora to Zomato and Pranab Punj to Vserv
– Airtel’s music service Wynk: Fair usage limits; Violating Google Play Store & Apple App Store policies?
– Pritish Nandy to launch Netflix-like service called Ogle in India; Not the first to try
– ErosNow’s collection of movies and music now available to Home Cable subscribers

– Digest: Reliance, Microsoft, mGaadi, Simplilearn, Freecharge and more
– One97 partners with Tigo to launch an audio story portal in Africa
– One Digital Entertainment to launch The Spice Traveller with Chef Saransh Goila, a digital only food & travel series
– Myntra shuts down MyPrivilege loyalty program; Plans revamp

– OnMobile Q1-FY15 Concall: Areas of Focus, Product Renewal, Cost Cutting, India plans, OLI status & more
– Deepak Abbot joins Times Internet as Head of Mobile Strategy
– Gaana.com launches genre and artist specific mobile apps
– Govt digest: Attendance website, Madhya Pradesh Madhyam social media plans & more

– Netcore CEO Girish Nair quits, joins Tandem Capital
– Jet Airways launches travel & business networking platform GlobalLinker for SMEs
– Hungama Digital Services CEO Mohit Hira quits JWT; Planning to start up

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