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Weekly Digest (14th-21st November 2014)

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


– Media services biz accounted for 67% of CyberMedia’s revenues in Q2-FY15
– WoNoBo parent Genesys net profit dips by 93.7% to Rs 0.29 Cr in Q2-FY15
– Saregama Q2-FY15 net profit at Rs 2.1 Cr; Revenue down 9.5% to Rs 41.2 Cr
– Spice Mobility’s device biz posts Rs 10.8 Cr loss in Q1-FY15
– RCOM’s 3G connections surpass 2G Internet connections in Q2-FY15


– October 2014: India Added Over 6.28 Million GSM Connections

Investment & M&A

– Equifax India buys out analytics firm NettPositive
– MadRat Games secures $1M from Flipkart founders and others
– TLabs batch 6: Vidooly, Wibe, Flynx, Mobapper & Neuron
– Bill Gates, Vinod Khosla & Others Invest in Unitus Seed Fund
– Zomato secures $60M from Info Edge, Vy Capital & Sequoia Capital
– SysCloud secures $2.5M from Inventus Capital Partners & KAE Capital
– Tikona Digital secures $45 million led by IFC

Other Updates:

– Amazon partners Label Corp to sell exclusive fashion products
– Karnataka’s governance app M-One to launch on December 8
– Rocket Internet-backed ridesharing service Tripda expands to India
– Shemaroo extends digital distribution partnership with The Orchard to MENA region

– Micromax to launch online-only YU smartphones to take on Xiaomi & Motorola
– Times Internet to launch Indian editions of CollegeHumor, Dorkly & WatchLOUD
– SwiftKey now allows users to type in 15 Indian languages on Android
– PayUMoney introduces payment button for merchants

– Vivek Sood appointed as new Uninor CEO; Upanga Dutta is new CMO
– Fake e-commerce site BigSop busted by Bangalore Police after Twitter complaints
– Virender Bisht appointed as MobiKwik CTO
– ICICI Bank to launch NFC-enabled cards next month

– IMImobile ties-up with Post Office UK to enable donations via Twitter
– Can Uber’s low-cost UberGO be an alternative for Auto rickshaws?
– Yahoo India Managing Editor Prem Panicker Resigns
– Microsoft to shut down Nokia Store & migrate users to Opera Store

– India.com launches travel guide iTripTo
– Hungama adds Indic language support to its Android app
– WeChat parent Tencent launches VoIP calling apps Dianhua & Lightalk
– WhatsApp starts encrypting messages on Android via TextSecure

– Rightster to manage Lehren’s YouTube channels
– Sony Music launches art & craft-focused YouTube channel MadStuffWithRob
– Updated: UIDAI claims to have issued 6 crore Aadhaar cards in UP and 2 crore in Bihar
– You can now book autos from Ola in Bangalore

– Tata Docomo ties-up with NDMC to launch public Wi-Fi hotspots at Connaught Place
– Jabong net revenues up almost 3X to Rs 324.7 Cr in H1 2014
– 55 books by Kannada author Niranjana being digitized & released on Kannada Wikisource
– Now you can create online rental agreements on Housing

– Airtel partners Nokia Networks to improve 3G coverage in Mumbai, WB and Bihar
– “E-Commerce allows us to launch products across the country on Day 1? – Lenovo’s Sudhin Mathur
– FoodPanda acquires Delivery Hero-backed TastyKhana
– Rajshri launches video channel for kids called Peekaboo

– Reliance Retail launches an online grocery store
– Consumer consent mandatory for all services preloaded on SIM card, says TRAI
– Is Venture Capital Killing Startups? – Mahesh Murthy

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