MediaNama would like to thank its sponsors:Paytm, Getit, Practo, Times Internet and E2Efor their support.

Investment & M&A

– Robosoft raises $12M from Ascent & Kalaari; 99Games & Global Delight to be independent companies
– Helion Venture Partners raises $300 mn to invest in early, mid startups in India
– InfoEdge’s stake in PolicyBazaar down to 18%, following recent round of funding
– Online test prep startup Toppr acquires competitor EasyPrep

– Funding roundup: Commeasure, The Porter, CapriCoast and TaskBob
– Updated: Ola confirms raising $400M led by DST Global; $100M earmarked for TaxiForSure expansion
– PepperTap raises $10 million; to focus on grocery delivery
– Carzonrent acquires Ridingo to provide ridesharing services

– PolicyBazaar raises $40M from PremjiInvest; focus on PaisaBazaar
– Grofers raises $35 million; expansion plans in the pipeline
– Services marketplace LocalOye raises $5 million; takes app only approach
– ZopNow raises $10 million from Dragoneer and existing investors

– Funding roundup: Purple Squirrel, Pricejugaad, Changer Mints and WhatFix
– Zomato raises $50 million from InfoEdge and undisclosed investors
– Nokia buys Alcatel-Lucent for $16.58B; Looking at sale of HERE business


– 851M Active Mobile Connections In India in February 2015; BSNL Loses 2.55M Connections

Other Updates:

– Lukup applies for MSO, ISP licenses; to bundle OTT content with TV and Internet
– Foodpanda launches delivery services in 5 cities; plans to expand to 7 more in 6 months
– Zero Rating: Slows down innovation, distorts competition & fractures the Internet
– Snapdeal appoints Dharmarajan K as customer service head

– Google’s new handwriting input app supports 82 languages and emojis
– Dual-SIM phones are 3.6 times cheaper than their single SIM counterparts: Study
– Ixigo launches cab aggregator app for metros, cities and towns; inter city rides coming
– Blow to as it loses Cleartrip, Times Internet, NDTV and NewsHunt

– IAMAI pro net neutrality; asks TRAI to curb excessive regulations
– Section 66A may be back again, with a different name and packaging
– Apple ResearchKit now live; lets developers track user health metrics
– Net Neutrality: Telcos are NOT Losing Money To Data Services – Deepak Shenoy

– Citrus Pay ties up with Milaap to enable donations through Citrus Cash app
– Vserv ties-up with Talking Tom maker Outfit7 to offer mobile games monetization solutions
– Google is looking to set up a cache server in India, says report
– Zomato acquires restaurant POS MaplePOS; One step closer to food delivery?

– Industry moves: Snapdeal CFO Aakash Moondhra quits, MobiKwik appoints Saurabh Srivastava as CMO
– Godrej Group’s Nature’s Basket to sell groceries on Amazon
– Traffline’s Ridlr app looks to answer questions on traffic before you step out
– Flipkart pulls out of Airtel Zero. Net neutrality in India gets a boost

– HDFC Bank to extend its mobile banking app for Apple Watch; Why?
– What drone policy questions need to be asked about classification, airspace and security
– Saregama goes digital, launches online music store to stream & download tracks
– Hotstar ties up with Accenture to offer on-the-air video content streaming

– Airtel looking to launch Wi-Fi hotspots in Kolkata; taking on Reliance Jio
– Dear Thane cops, didn’t you hear Section 66A is dead?
– E-grocery retailer Grofers buys mobile grocery startup My Green Box for undisclosed amount
– Internet roundup: Amazon fulfillment centre, Flipkart ties up with dabbawalas and more

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