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Weekly Digest (28th-05th December 2014)

MediaNama would like to thank its sponsors: Spice Digital, Antfarm, Getit, Fortumo and E2E for their support. Investment & M&A - Funding roundup: Ather, Gigstart and SectorQube - Updated: Uber raises $1.2 billion investment at a $40 billion valuation - Indiegogo starts testing optional insurance for failed campaigns - Funding roundup: Lookup, RiverSilica & PayPal Start Tank - Getit Infomedia gets FIPB nod to raise Rs 184 Cr investment - Funding roundup: Delyver.com, GrabOn, FindURClass & Aureus Analytics Other Updates: - Indian Govt to set up a Rs 10,000 Cr electronics development fund - SC tells Govt, search engines to stop ads on sex determination - Jonathan Bill & Arvind Rao launch tariff & network recommendation service BillBachao - Indian Govt plans IoT incubation centres, demo centres, research facilities & more - Updated: OnePlus One India users to get Cyanogen software updates - Martmobi & Shopify tie-up to enable merchants to create mobile apps & sites - Wirkle co-founder Sunil Goyal launches services marketplace Near.in - Retail majors complain against e-tailer pricing as they foray into e-commerce - Saavn introduces Twitter-based radio station - Reliance Jio will have Paid WiFi, Movies, Music, TV, News, 100Mbps speeds - Online events stationery store Inksedge raises $1.5M from NEA & Others - OnePlus plans to setup R&D centre in Bangalore - Online bookstore SapnaOnline acquires Bookadda, Acadzone & Koolskool - Uninor to continue focus on 2G data services – Telenor CEO Jon Frederik Baksaas - Nimbuzz ties up with The Mobi Hunter to push ads in sub-Saharan Africa - Those with pre-paid wallets with KYC can hold up to Rs 100,000 - A brief history of the…

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