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Weekly Digest (31st-7th November 2014)

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


– NDTV E-commerce loss at Rs 3.16 crore in Q2-FY15
– 123Greetings ships 0.12M gifts in Q2-FY15; Mobile e-cards up 43%
– Money on Mobile revenues up 34% to Rs 322.1 Cr in Q2-FY15
– InfoEdge Q2-FY15 Concall: 99Acres & Jeevansathi Loss; Recruitment business profits remain flat

– On Amazon’s filing about possibly discontinuing operations in India
– Onmobile reports Rs 1.21 Cr loss for Q2-FY15; Employee strength 1217 after layoffs
– 47% of LinkedIn’s traffic in Q3 2014 was mobile
– MakeMyTrip Q2-FY15 loss at $4.8M; Air Ticketing revenues up 20%
– Windows Phone revenues decline 46% in Q1-FY15 due to dip in licensing revenues
– Airtel reports $3.34 Bn in mobile money transfers in Africa in Q2-FY15

Investment & M&A

– Mobile gaming startup HashCube raises Rs 4.2 Cr funding from Nazara & others
– Airtel calls off Loop Mobile deal after it fails to get DoT approval
– Blueshift Labs raises $2.6 million in seed funding from Nexus and NEA
– Cbazaar raises Series B funding from Forum Synergies & existing investors

– Publicis Groupe to acquire digital marketing agency Sapient for $3.7 Bn
– QwikCilver stake buy would give Amazon India a wallet
– Funding roundup: Testbook, AdPushup, Nimble & more
– Bharti Softbank picks up 36.5% stake in ScoopWhoop
– iNurture Education Solutions raises Rs 30 Cr from Bertelsmann India Investments
– Zoomcar raises $8 million from Sequoia Capital & Others

Other Updates:

NDTV.com blocked in India
Justdial plans a cab booking app to take on Olacabs, Uber & Others
– Move over Internet.org: Airtel launches its own gateway to the Internet
– InMobi claims that it reaches 872 million active unique users

– MapmyIndia launches Android-based front & rear seat car infotainment system
– 30% transactions on Cleartrip are from mobile; Mobiles vs Tablets; Android vs iOS
– We will provide 100mbps broadband in every home – Chandrababu Naidu, CM, Andhra Pradesh
– Google extends international voice calls from Hangouts to India

– Housing to offer integrated home loans solution on its platform
– LIV Sports bags mobile and internet rights to RAM SLAM T20 challenge series
– Urban Ladder launches augmented reality app Living Spaces
– Info Edge: “We would be reluctant to reduce stake below 50% in Zomato”

– Industry moves: Urban Ladder, AppStudioz and Sportskeeda
– Microsoft partners cloud rival Dropbox for Office integration
– Indiatimes.com gets an identity of its own
– What India’s ITU Proposal may mean for Internet Governance – CIS India

– Flipkart appoints Sanjay Baweja as CFO
– L&T partners Tele2 for offering Internet of Things solutions
– “We don’t have different warranty policies for online & offline purchases” – Asus India
– YCM Open University to offer around 350 textbooks online

– Sharat Khurana appointed as FreeCharge CFO
– Facebook’s transparency is limited to its report. What about everything else?
– When people leave…
– E-commerce roundup: Amazon, Jabong, Flipkart, BigBasket & more

– What Google’s Indian Language Internet Alliance needs to do
– Twitter offers a cricket-focused timeline on Android with BCCI tie-up
– Flipkart reshuffles: Mukesh Bansal is marketing chief, CFO returns to Tiger Global
– Spice & Celkon pre-load Alibaba-backed smart remote app Peel

– ESPN Cricinfo launches digital magazine The Cricket Monthly
– OnePlus appoints Vikas Agarwal as India GM
– Delhi Police lets Trilokpuri residents report suspicious activities via WhatsApp groups
– Government introduces FASTag to make toll collection easy

– Tourism Ministry launches new travel app called Tripigator
– WhatsApp claims to have 70 million active users in India
– Naukri now allows job seekers follow recruiters
– Homeshop18 stops selling books online

– LIV Sports bags exclusive mobile & Internet rights to Champions Tennis League
– PayUMoney introduces SMS invoicing for mobile payment collection
– Truecaller launches an alternate dialer app Truedialer on Android & Windows Phone
– Airtel partners Apollo Hospitals to offer mobile healthcare in Nigeria
– RBI allows banks to appoint NBFCs as Business Correspondents

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