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Weekly Digest (29th-05th June 2015)

MediaNama would like to thank its sponsors:Paytm, Getit, Times Internet and E2E for their support. Earnings-Mar15 - Big part of challenge in India is helping sellers grow their online business: Tom Szkutak, Amazon - MTS India data card base increases 9.4% to 1.8M users in Q1 2015 - TV18 reports Rs 95.47 crore profit for Q4-FY15 - MakeMyTrip Q4-FY15 loss at $5.94M; Air ticketing revenues up 16% - Eros International posts net profit jump of 25% y-o-y in Q4-FY15 - RCOM had 17.4M 3G & 33.7M data connections at the end of Q4-FY15 - JustDial to consider buyback of shares; Q4 revenues up 33.85% to Rs 183.51 Cr - MTNL losses down 18.57% to Rs 595.11 Cr in Q4-FY15 - Onmobile reports Rs 14.59 cr loss for Q4-FY15; International revenues down to Rs 162.64 cr - Sun TV revenues down 0.6% to Rs 548.58 Cr revenues for Q4-FY15 - Info Edge posts Rs 82.18 crore net profit for Q4-FY15 Investment & M&A - JustDial puts Rs 1000 Cr fundraise plans on hold; will buyback shares - Believe Digital raises $60M from TCV, XAnge & GP Bullhound Sidecar - Jaarvis Technology launches India specific Accelerator - Funding roundup: Propstack, ICustomMadeIt, Vidooly - Saama Technologies raises $35M from Carrick Capital - Arkin Net raises $15 million from Nexus Venture Partners and others - Uniphore secures investment from IDG Ventures & YourNest - Zopper raises $20 million funding from Tiger Global and Nirvana - Ecom Express confirms Rs 850 Cr investment from Warburg…

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