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Weekly Digest (06th-13th February 2015)

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


– MTNL losses down 12.4% to Rs 730.83 Cr in Q3-FY15
– HT Media digital revenues at Rs 26.65Cr for Q3-FY15; Shine revenue growth bounces back
– JustDial looking to expand to the Middle East by the end of Q4-FY15
– 47.4% of Samsung’s revenue came from mobile devices business in Q4 2014

– 48.3% of LinkedIn’s traffic in Q4 2014 was mobile
– Spice Mobility’s device biz posts Rs 29.2 Cr loss in Q2-FY15
– 22% of Uninor subscriptions in Q4 2014 were active Internet connections
– Twitter now has 288 million MAUs globally; On Working with ZipDial, third-party relations & more

– Sun TV DTH revenue up 18%; Net profits rise: Q3 FY15
– Lycos Internet’s digital marketing revenues up 38.74% YoY to Rs 493.09 Cr for Q3-FY15
– Updated: NDTV e-commerce loss at Rs 6.02 crore in Q3-FY15


– Rs 7337 Cr transacted using IMPS in January 2015
– 833M Active Mobile Connections In India in Dec 2014

Investment & M&A

– Practo raises $30M in funding from Matrix Partners & Sequoia Capital
– Capital Float raises $13M from SAIF, Sequoia & existing investor Aspada
– Ant Farm to merge Meals on Wheels with yet-to-launch Scootsy
– BookMyShow buys majority stake in Eventifier for $2M; Common investor

– Mangrove Capital invests in hybrid e-commerce platform StoreKing
– Now, CarTrade.com raises investment from ex-Auto Trader CEO Chip Perry
– RBI to allot Rs 2000 crore for startup fund in the next financial year
– CarDekho secures investment from Ratan Tata
– MyNoticePeriod raises Rs 18 crore from IDG Ventures

Other Updates:

– Google’s balloon-powered Internet Project Loon to come to India by 2016
– Telcos not complying with short code usage rules, says TRAI
– AskMe launches in Malaysia with Find It; WeChat integration
– Justdial eyes April launch for payments biz JD Cash; considers wallet license

– ItzCash raises Rs 100 crore from promoter Ashok Goel for payments bank inroad
– Digital India digest: Rs 6000 cr of projects approved under Make in India & more
– Meritnation to launch six new offline Digital Learning Centers
– HDFC Bank MD Aditya Puri shares plans for wallets, food delivery and loans on mobile

– Indian Govt launches e-locker service for documents
– Mobile web accounted for 20% of the hotel bookings at Cleartrip
– InMobi claims that it reaches 1 billion active unique users
– Uber rolls out Google Maps integration in India

– Nimble Wireless raises $500,000 from AngelPrime
– MTS pivots business from dongles to home WiFi with new device
– Digest: Skype updates apps, Fashionara signs new labels, Ozone Media
– Twitter introduces new timeline for the ICC Cricket World Cup

– AIB show: Bombay HC seeks more info from state govt, police and I&B ministry
– EC launches National Voter Service Portal to bring all services on one platform
– Facebook’s Internet.org in India: playing king-maker for some businesses
– What Star India’s acquisition of IPL 2015 digital rights mean for Cricket online

– ICICI Bank launches its digital wallet called Pockets for Android devices
– Not a single tweet withheld in India between July-Dec 2014: Twitter Transparency Report
– What to expect from the Aam Aadmi Party Govt in Delhi from a digital perspective
– Ratan Tata joins venture capital firm Kalaari Capital in an advisory role

– Former MakeMyTrip Products Head Amit Somani Joins AngelPrime
– Junglee introduces gift cards on its platform
– Reliance Jio President Sumit Chowdhury steps down
– Ola hires Sunit Singh to head design and Yugantar Saikia for human resources

– Airtel, Idea and Vodafone account for 64% of total active mobile connections in India – December 2014
– Updated AIB row: Pune FIR names YouTube for distributing “obscene” video; Karan Johar, Ranveer Singh, among others named
– Advertising Age India goes live partnering with Times Internet
– Vodafone India appoints Naveen Chopra as COO

– HUL changes direct selling operations of beauty products to online ordering model
– Updated: Ericsson accuses Xiaomi of violating court order on handset sales
– Chillr ties up with HDFC bank to offer mobile banking solutions
– Uber India to add SOS panic button to their app, starting Feb 11th 2015
– Facebook rolling out Internet.org in India with Reliance Communications

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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