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Weekly Digest (03th-10th July 2015)

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

Investment & M&A

Collectabillia raises $7.5M from Accel Partners
News In Shorts raises $20 million from Tiger Global
Spice Mobility acquires 26% stake in telecom tech company Creative Functionapps
Saavn raises $100M from Tiger Global and others; to expand in the entertainment category?
Which Indian IoT businesses are Venture Capitalists likely to fund – #NAMAiot
Flytxt raises $11 million in funding from multiple investors

Other Updates:

Shaadi’s CEO Anupam Mittal steps down; new CMO and CTO appointed
Funding roundup: Shopsity, Infinity Assurance, WudStay and HoppingChef
Bangaloreans can now report crimes through Periscope
YES Bank ties up with Taisys Technologies to issue mobile banking SIMs

BlueStone raises $16m from Ivy Capital, Dragoneer & existing investors
“Consistent quality over quantity as of now” – Tanmay Bhat, All India Bakchod
RBI introduces new pre-paid instrument for mass transit services
Practo acquires product dev firm Genii; to launch in enterprise segment

Flipkart’s CTO Amod Malviya moves to advisory role, head of engineering Sameer Nigam quits
Mobile property search highest in metros, more popular with women: IndiaProperty study
Vodafone M-pesa ties up with Walmart India for cash management
Arvind Singhal resigns as CEO of TaxiForSure

Digicable launches utility app for cable operators; consumers can pay for utilities
Centre to Supreme Court: We will clamp down on Internet porn
Mumbai Police issues terror warning after Housing execs fly drones over BARC
Zoomcar raises $11M from Sequoia Capital, Empire Angels & NGP

MTS India appoints Bijender Yadav as CTO & Ashok Singh as COO
Lendingkart raises $10M from Saama Capital, Mayfield Fund and others
Delhi High Court gives Uber temporary relief over ban
Lybrate raises $10.2M from Tiger Global, Ratan Tata and Nexus Venture

Truecaller launches SMS app Truemessenger with a spam inbox
Games2win partners with LINE messenger for developing games
Microsoft redesigns Bing Maps with a focus on travel planning
OnMobile partners Grameenphone to launch a digital music store

A look at the DoT committee’s alleged Net Neutrality report
SEBI asks stock exchanges to implement a cyber security policy
Practo adds diagnostic labs search; live in 8 cities
TRAI upholds continued usage of spectrum cap

Lowdown of Infibeam’s IPO filing
ICICI Bank revamps its mobile app and now offers 110 transactions on it
Reliance to sell 3.25 crore shares of Network18 Media
Autoportal parent launches content marketplace ContentMart

Industry moves digest: Tata Teleservices, Ola, SoftBank and Edureka
Ola’s Anand Subramanian on TFS integration, user expectations, smaller city expansions & more
Bookmycab receives licence to operate in Delhi-NCR
Rediff has $8.39 million in cash left; Reports $2.37M loss in Q4-FY15

DoT launches connectivity solutions for remote areas & more
Update: Housing.com website hacked following Rahul Yadav’s sacking
Twitter appoints Mahima Kaul as India public policy head
Snapdeal appoints Govind Rajan as chief strategy officer

BSNL launches mobile wallet for users without bank accounts
Northeast states to get submarine cable connection through B’desh
Airtel raises $1.3 billion from Africa mobile tower sales
Arrests over “objectionable content” on Facebook back despite Sec 66A being scrapped

IndianRoots ties up with Banka Silk; offline expansion planned worldwide
CultureAlley raises $6.5M from Tiger Global, 500 Startups & KAE

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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    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ