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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…

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