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Investment & M&A
– 1mg acquires alternate medicine website Homeobuy
– Funding roundup: Sigrid, Fracktal Works, BabyChakra and PayMango
– Indix raises $15M from Nokia Growth Partners, Nexus and Avalon Ventures
– Hero Group’s Munjal family forays into electronics buying majority stake in Mybox
– Funding roundup: Goodservice, Vidgyor and Cupick
– Belong raises $5M from Matrix Partners, Blume Ventures and others
– SEBI chairman UK Sinha approves alternative platform for startups to list on bourses
– SAIF Partners and Matrix Partners invest $6 million in Treebo
– Simplilearn acquires digital marketing training company Market Motive for $10M
– Micromax invests in Ixigo; to build on-demand travel services for Micromax devices
– FundsIndia raises $11M from Faering Capital and existing investors
– Tracxn raises $10 million to fund startup incubator TracxnLabs
– Hello Curry acquires restaurant management platform Fire42
Other Updates:
– IMIMobile India & SEA gross profit down 15% to £5M in FY15
– The Wall Street Journal to shut its India edition, downsize India ops
– Indian Railways to send cancelled train alerts via SMS
– AngelPrime & HackerEarth declare Aadhaar hackathon’s winners
– iKaaz’s Mowa Wave POS terminals enable tap-and-pay transactions without NFC
– Bharti Enterprises invests in constellation satellite Internet provider OneWeb
– Quikr opens up its API for developers to build apps on top of its platform
– ErosNow allows WeChat users to listen to music through official channel
– Yahoo tweaks its search engine for mobile browsers
– Housing says Rahul Yadav has not resigned as CEO
– Gojavas pilots on-demand local delivery service in 15 cities
– TaxiForSure hatchback cars now on Ola app; is bigger integration coming?
– Industry Moves: Paytm, Vodafone and Prasar Bharti
– Netflix planning to enter India in 2016?
– Facebook to allow users to sign up for Messenger with just a phone number
– Holachef raises Rs 20 crore from Kalaari Capital
– CouponDunia launches location based couponing for stores
– Pratham Books launches crowdsourcing platform for children’s books
– Google launches free and ad-supported version of Play Music
– I don’t know
– Reliance Jio in 2014-15: FY15 results, Jio Chat, Wi-Fi services, spectrum auctions & more
– Industry moves: Jabong, Flipkart, Snapdeal and OgilvyOne
– Foxconn to start making Xiaomi phones in India
– Fitbit to launch in India next month; preorders live on Amazon
– EduKart raises $1 million from United Finsec, YouWeCan, 500 Startups & others
– MTNL to enable advertisers to insert pop up ads in user’s browser
– Indian Pharmacists Association writes to DGCI protesting online pharmacies
– Finance ministry considering tax rebates for debit and credit card transactions
– Indian govt supports multistakeholder model of Internet governance
– Google’s News Labs wants to give journalists new tools for reporting
– Shop CJ appoints Dhruva Chandrie as its chief sales officer
– Snapdeal launches ecommerce zone, tech lab at Dharamshala
– RCOM, MTS India merged entity will have third largest mobile Internet users base
– Snapdeal removes Nalli sarees following cease and desist order
– Hansa Cequity raises Rs 30 crore from private equity firm ASK Pravi
– Funding roundup: Minio, Moovo, Cakart and SkillAngels
– Starsports extends Indian hockey broadcasting rights
– Nokia looking to re-enter mobile phone biz in 2016, confirms CEO Rajeev Suri
– OnMobile renews Telefonica deal in Latin America
– Flipkart’s Nitin Kochhar & Fashionara’s Animesh Kumar roped in by ShopClues
– State Bank of India launches online forex trading platform
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
