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Weekly Digest (03rd-10th October 2014)

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

Investment & M&A

– Funding roundup: Zippr, GemPundit and WhatFix
– Business messaging app Avaamo secures $6.3 million seed funding
– Online medical advice platform MediAngels raises $1M from Ventureast
– Online recruitment platform TalentPad raises funding from Helion Ventures

– Cognizant acquires digital marketing agency Cadient Group
– Truecaller raises $60 million from Atomico, KPCB and Sequoia Capital
– Facebook completes acquisition of WhatsApp; Deal now worth $22B
– Referral hiring portal GrownOut raises funding from Matrix Partners India

– Carrier Billing service Boku acquires competitor Mopay
– MPS acquires US-based publishing firm Electronic Publishing Services
– SoftBank forms India & China focused digital content JV with Legendary Entertainment
– Funding roundup: LimeTray, Flinto and WooMe

Other Updates:

Junglee now lets you post ads for used goods; Quikr tie-up?
– Airtel & Telangana Govt tie-up to launch public Wi-Fi hotspots in Hyderabad
– Yahoo India SDC lays off employees because Marissa Mayer wants to consolidate product dev in the US
– Retailers asking e-commerce players to rein in discounts is hypocritical and anti-consumer

– Updated: Average Internet speed in India is 2 Mbps; Still the slowest in Asia-Pacific: Akamai
– Samsung India CFO Sunil Goel leaves the company
– What Mark Zuckerberg didn’t say about Internet.org
– Swiftkey Keyboard adds support for 11 Indian languages

– 62% of Jabong’s revenues was from smaller towns in Q2-FY14
– Twitter sues US Govt for right to report user information requests data in greater detail
– Is Uber liable for service tax? Tax authorities reportedly think so
– On Self Regulation of the Media in India – Notes from the Law Commission Consultation

– Jabong posts Rs 293.4 Cr loss in FY14; Net revenue up 3x to Rs 438.6 Cr
– Government’s centralized attendance monitoring website for employees goes live
– Updated: Amazon’s ‘Pay with Amazon’ service extended to India
– No copyright in email databases?

– Indian govt to look into Flipkart’s Big Billion Screw-up
– India vs West Indies Cricket: “no scores, scorecards, live commentary”, STAR tells App Developers
– India vs West Indies Cricket: “no scores, scorecards, live commentary”, STAR tells App Developers
– MTS India slashes data plan charges by up to 33% for its MBlaze dongles

– HP splits its consumer and enterprise businesses
– No more minimum guarantees for radio, CCI tells T-Series
– Nokia suspends Chennai plant ops from Nov 1; Employees exploring legal options
– LINE extends its mobile games section to India

– Layoffs at Yahoo India Dev Center, but it’s not being shut
– DoT asked to block low-cost calling app WePhone for spoofing caller ID
– Digest: Flat.to launches Flatchat, GOQii Life programme and BreathingRoom
– Raymond forays into e-commerce with RaymondNext

– BeStylish also becomes an online aggregator
– How the Indian Super League is trying to prevent “unofficial” live coverage
– Google to launch a mobile messaging app in 2015; What about Hangouts?
– The Lowdown: All you need to know about the Windows 10

– Google launches a fast loading version of Search for users on slow mobile internet connections
– Uber extends its business travel service to India & 42 other countries
– Ezetap ties-up with SBI to launch PoS and ATM solution Chota ATM
– Startup Incubator Rocket Internet closes 12.9% down in German IPO debut
– Airtel pilots Chromecast clone Inferno, powered by Teewe
– Skype voice calls to phones within India to be blocked from November 10

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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