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Weekly Digest (08th-15th May 2015)

MediaNama would like to thank its sponsors:Paytm, Getit, Practo, Times Internet and E2E for their support. Earnings-Mar15 - 53% of Samsung’s revenues came from its mobile devices business in Q1-FY15 - Nokia operating profits down by 13% YoY to €265 million in Q1 2015 - Spice Mobility’s devices biz net loss widens to Rs 69.68 Cr; delisting on hold - Tata Teleservice Maharashtra Q4-FY15 loss at Rs 164 crore - DB Corp Internet revenues at Rs 8.95 Cr for Q4-FY15; Rs 7.35 Cr loss - TV Today revenues at Rs 476.56 crore for FY15; TV broadcasting profits up 23 percent - 26% of Uninor’s subscriptions in Q1FY15 were active Internet connections Investment & M&A - NDTV’s e-commerce biz IndianRoots secures $5 million funding from KJS Group - Tiger Global offloads 2.1 percent stake in JustDial for Rs 162 crore - Verizon to buy AOL for $4.4 billion; to expand OTT services - mGage acquires cloud communications platform Unicel Technologies - Cyanogen receives strategic investment from Foxconn; open computing platform in pipeline - Plancess raises $2 million; to start medical entrance test prep - Zapstitch raises $2 million funding from Helion and Orios Venture Partners; to set up a US team - Uniken raises $2 million from Exfinity Venture Partners; international expansion and growth in India planned - GSF M-Accelerator first batch: Joolz, PocketAd, TalkMore, Magictap, Playselfie and more Data - 862 Million Active Mobile Connections In India in March 2015 Other Updates: - CommonFloor launches 360 degree tour of property…

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