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Weekly Digest (24th-01th May 2015)

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


– Twitter has 302 mn MAUs; plans to start counting SMS fast followers; buys TellApart
– Airtel’s Mobile Internet usage increased 82% YoY in India; Data ARPU at Rs 176 in Q4 FY15
– Idea’s Q4 net profit jumps 60% to Rs 941.8 crore on the back of increased data usage
– Non-mobile friendly sites won’t disappear from mobile searches: Omid Kordestani, Google

Investment & M&A

– Foodpanda raises $100 million from Goldman Sachs & Rocket Internet
– Hello Curry acquires the food ordering and delivery service Paratha Post
– Explara acquires IndianStage; both to gain data on the entertainment segment
– Funding roundup: Jay Robotix, Tapcibo, Tracxn and LogicRoots

– After AdIQuity, Flipkart acquires mobile marketing startup Appiterate
– PropTiger acquires Makaan; Aditya Verma will report to Dhruv Agarwala
– Travel Triangle raises $8M from Bessemer Venture Partners & SAIF
– Icertis raises $6M from Greycroft & Fidelity Growth; to expand across India, US & EU

– Babajob has raised $10 million from Australia based SEEK
– Naaptol raises Rs 136 cr from Mitsui & Co and existing investors; may go international
– Junglee co-founders Anand Rajaraman & Venky Harinarayan invest in Urban Ladder
– Ratan Tata invests in Xiaomi; to be key advisor in India expansion

Other Updates:

– Microsoft Build: Cross-platform apps, Office as a platform, IoT and virtual reality
– Grooveshark shuts down in the wake of serious copyright infringement issues
– Updated: Lawsuit filed against Flipkart, Amazon & eBay for allegedly selling replicas of copyrighted sarees
– BARC ratings rolled out with a sample size of over 10,000 households

– IRCTC now adds Paytm wallet as a mode of payment for online ticket booking
– InMobi partners with Sky Media to offer ad targeting and analytics to UK publishers & brands
– Uber deepens security features and ties up with local police control rooms for emergencies
– Over half of Cleartrip’s traffic and 40% of all transactions now come from mobile

– Reliance Jio wants regulation for all Internet co’s in India, hosting in India – TRAI OTT Consultation
– Another top level hire for Snapdeal as it appoints Jayant Sood as chief customer experience officer
– Government to spend Rs 1 lakh crore on developing over 500 cities
– Ibibo Group launches ridesharing service Ryde; Opportunities & challenges for ridesharing in India

– Google Now will now display data from apps like Cleartrip, RunKeeper, Quikr, – Foodpanda among 66 others
– Girnarsoft, operator of CarDekho, PriceDekho, snaps up price comparison site BuyingIQ
– Yahoo adds 18 new video series; who are its viewers?
– Snapdeal appoints Idi Srinivas Murthy as Senior VP of marketing

– Qwikcilver launches e-transact cum loyalty points app which integrates wallets
– Quikr appoints P D Sundar to manage its services marketplace QuikrServices
– What telcos and service provider associations said about OTT services in reply to TRAI paper
– Music streaming service Guvera claims it has 3 million users in India

– After food delivery, Ola to get into grocery delivery space?
– App Review: Sqy! Rewards lets you manage your loyalty points in Mumbai
– Now buy products directly on Quikr; only cash payments for the moment
– Facebook takes on Skype: Messenger now allows video calls

– InMobi chief revenue officer Atul Satija quits the company
– Update: But WHY? TRAI releases email IDs of EVERYONE who replied to net neutrality paper
– Nokia confirms it’s not looking to revive its consumer handset business
– Twitter roundup: Policy update and “While you were away” Highlights

– Following BSNL, Airtel to offer free voice calls to its broadband subscribers
– Updated: Delhi HC issues stay order against Zostel for alleged copyright theft from OYO Rooms
– The 120 Media Collective & Diagonal View partner to launch VoD platform Sooperfly
– Net Neutrality violation: VoIP services on Uninor excluded in data packs

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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