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Weekly Digest (05th-12th June 2015)

MediaNama would like to thank its sponsors:Paytm, Getit, Times Internet, Akamai and E2E for their support.

Investment & M&A

– Funding roundup: AdStringO, Allizhealth, Voonik and PayMango
– Fetchr raises $11M from New Enterprise Associates & others
– Duolingo raises $45M from Google Capital and others
– Printland raises an undisclosed amount of funding from SIDBI
– Swiggy raises $16.5M from Norwest, SAIF and Accel
– PVR to acquire DLF Group’s DT Cinemas for Rs 500 crore

Other Updates:

– GoIbibo’s mobile bookings exceed its desktop bookings
– Foxconn may manufacture Apple iPhones in India
– Reliance Retail to launch fashion & lifestyle online store by end of this year: Mukesh Ambani
– Reliance Jio commercial operations to begin in December: Mukesh Ambani

– HealthKart launches weight loss products private label Incredio
– PIL opposes 55 additions to Tamil Unicode Standard
– ZEEL forays into original digital content with instrumental musical series
– Twitter CEO Dick Costolo steps down; Direct messages’ 140 character limit removed

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– Updated: Apple Music launched at $10/month; offline listening for paid subscribers
– Justdial looking to launch payments biz JD Cash in Q2-FY16
– Industry Moves roundup: Flipkart and BlackBerry India
– Justdial’s Search Plus app to be launched in July for Android & iOS

– Facebook is beta testing a buy button for Shopify merchants
– Google to speed up webpage load time on mobile in India
– Twitter makes public blocked users’ lists; adds popular conversation threads
– Train tickets booked through MakeMyTrip on a sharp decline

– Google Now introduces Location Aware Search
– NDTV plans e-commerce foray in food, auto and gadgets
– Justdial looking to enter delivery business & on-demand services business
– Now book an appointment with government officials online

– A 3G customer in India is worth 3.6 times more than a 2G one – Vodafone
– It isn’t just Airtel: MTNL has also been inserting Javascript into Internet connections
– PropTiger to provide home buyers govt infra development info near properties
– Snapdeal appoints Anand Chandrasekaran as chief product officer

– Eros Now signs content deal with Pakistan’s Hum TV
– The Quint partners with Da Vinci Media to launch kids’ TV channel
– Sun TV says it’s not aware of denial of security clearance for its TV channels
– Alibaba partners with MYPACCO for trade centre in India

– Amazon to let Indian sellers sell globally starting with the US & UK
– Updated: Airtel says it had nothing to do with the legal notice sent to Thejesh GN
– Ping Digital partners with One Network to push comedy content on their networks
– TripHobo partners with Skyscanner to strengthen its trip planning offerings

– BigBasket to sell its private label brands at offline retailers
– Info Edge’s investee companies reported Rs 330.07 Cr revenue, Rs 233.24 Cr EBIDTA loss for 2014-15
– Airtel withdraws discounts on data packs for pre-paid customers
– WeChat launches English version of its Windows web app

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– Apple WWDC lowdown: iOS 9, Siri updates, open source Swift & more
– Apple revamps its news app and unveils News Publisher platform
– Meritnation reports Rs 21.59 Cr revenue, Rs 22.72 Cr EBITDA loss for 2014-15
– Zomato reports Rs 96.7 Cr revenue, Rs 136 Cr EBITDA loss for 2014-15

– IRCTC to offer waitlisted passengers flight options from SpiceJet & GoAir
– FINO Paytech and Tata’s Indicash sign white-label ATM deal
– We don’t think real estate will ever be bought online – Info Edge CEO Hitesh Oberoi
– Update: TinyOwl’s Dishes feature may be its ace against other food ordering apps

– Facebook blocks and unblocks Indian Atheists page in 48 hours; reason?
– Cleartrip launches partial pay feature for flights and hotels
– Eros International shelves TV Network plans to focus on digital
– Ola claims hack was on staging environment, no user data exposed

– Quikr launches dedicated portal for job seekers
– Skype browser application now open in U.S. and U.K.
– LYCOS to launch a line of wearables including wristbands and rings
– Glamrs raises $1M from Ventureworks India, Blume Ventures and others

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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MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



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