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Weekly Digest (12th-19th December 2014)

MediaNama would like to thank its sponsors: Spice Digital, Antfarm, Getit, Fortumo, Info Edge and E2E for their support. Investment & M&A - Ngpay parent acquires JiGrahak; Flipkart now holds 65.71% stake in ngpay - Jagran Prakashan to acquire Radio City 91.1 FM - Livspace secures $4.6M from Helion & Bessemer Venture Partners - Reliance MediaWorks sells multiplex chain Big Cinemas to Carnival Cinemas - Housing.com raises $90M from Softbank Group & others - Khosla Labs & Unitus to incubate and fund Aadhaar-based startups - Updated: OnMobile gets buyback approval upto Rs 49 Cr at max Rs 86 per share - Video learning solution provider Linksteet raises investment from Faering Capital Other Updates: - Paytm ropes in Milaap co-founder Sourabh Sharma for expansion to Singapore - SBI, Amadocs, Triotech, BSNL to provide mobile financial services to the unbanked - Amagi rolls out its ad monetization platform in Europe & Middle East - Samsung to shut ChatOn in Feb 2015, except in US - Idea subscribers can now buy apps from Windows Store via carrier billing - “It’s inevitable to go off the grid” – Firechat CMO Christophe Daligault on the off-network future of connectivity - Ozone Media partners with Forensiq to fight online ad fraud - Zomato acquires Italian restaurant search service Cibando - LINE acquires Microsoft’s music streaming service MixRadio - P Sainath to launch rural India focused news portal PARI on December 20 - Vserv partners XL to enable customer targeting for mobile entertainment cos in Indonesia - E-commerce roundup: Amazon India, Bata, FoodPanda & Snapdeal - Spice launches a Hindi Android One smartphone - OnePlus vs Micromax in India: How Cyanogen…

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