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Weekly Digest (06th-13th March 2015)

MediaNama would like to thank its sponsors: Paytm, Getit, Fortumo, Airtel, Times Internet and E2E for their support. Data - 842M Active Mobile Connections In India in January 2015; BSNL Loses 1.23M Connections Investment & M&A - Funding Roundup: Orobind, Daily Rounds, Qyk and Paytm - Food delivery startup foodpanda raises $110 million from Rocket Internet, others - Mobile game developer Moonfrog Labs raises $15 million from Tiger Global and Sequoia Capital - Funding roundup: Bite Club and Process9 raise $500,000 and undisclosed funds respectively - Blume Ventures to invest in over 15 startups this year - E-learning startup Embibe acquires competitor 100Marks - Murdoch’s push in India: Star India buys Screen from Indian Express Group - Groupon India reportedly raises $20 mn from Sequoia Capital - Travel planning startup Routofy raises funding from Snapdeal founders and Nikunj Jain - Samsung & Sony looking to setup manufacturing bases in India - Following Flipkart, Snapdeal to buy an advertising firm? - News Corp buys VCCircle Other Updates: - MobiKwik partners with Payback in a bid to expand customer base - Delhi Government to hold consultation meet to discuss free Wifi implementation - Datawind’s low-cost smartphone with free internet to launch on March 17 - Turner International India appoints Rohit Bhandari as network head and senior director - GoI body National Mission for Manuscripts has digitised 3 million manuscripts - Mobile marketing company Tune to increase focus on India in 2015 - Going once, going twice…. SBI plans massive online auction of 300 properties - Social crowdfunding startup BitGiving appoints co-founder Ishita Anand as CEO - Tamil film industry to sink its own ship…

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