MediaNama would like to thank its sponsors:Getit, Paytm, Times Internet, Info Edge, Indianroots and E2E for their support.
Earnings Jun-15
– Google revenues at $17.7B for Q2 2015; paid clicks up 18%
– DB Corp Internet revenues at Rs 10.11 Cr for Q1-FY16; Rs 7.8 Cr loss
– HT Media’s digital revenues grows 29% y-o-y to Rs 30.6 Cr in Q1-FY16
– Zee Entertainment reports ad revenues of Rs 779.9 cr in Q1 FY16
Data
– 3.24 Million Mobile Number Portability Requests In India In May 2015
– 868 Million Active Mobile Connections In India in May 2015; RCOM Loses 1.11M
Other Updates:
– IndusInd Bank launches Quickpay to send money via SMS and email
– Govt claims FDI in telecom at $2.8B and tech industry $2.2B in 6 months
– India.com signs multi year deal with Outbrain
– “Only talent who reach a critical mass, go on YouTube” – Puneet Johar, To The New Ventures on #fame
– Twitter to display images and excerpts from links in tweets on mobile
– eCourts Phase II approved by Union Cabinet
– Eros Now to produce original shows; to premiere movies on app before TV
– Den Networks receives FIPB clearance to up its foreign stake
– Funding roundup: MoveInSync, BoxMySpace and Ketto
– “One of our largest challenges is the payments system in India”- Greg Moran, Zoomcar
– “We started a YouTube business but we have moved on” – Puneet Johar, To The Ventures on #fame
– Google launches open source beacon protocol Eddystone
– Streaming services roundup: Hungama and Guvera
– Updated: A look at the DoT committee’s alleged Net Neutrality report
– Times Internet launches expense management app SmartSpends
– Industry moves: Myntra and Flipkart
– FIR filed against Shopclues for selling drugs without prescriptions
– Facebook extends Buy button beta test to other businesses
– Snapdeal launches mobile marketplace Shopo for SMBs
– Zee buys Sarthak Entertainment for Rs 115 Crore
– Andromeda Loans acquires Apnapaisa in a cash and stock deal
– NewsHunt acquires BuyT for integrating contextual product recommendations
– Akosha becomes HelpChat; pivots biz to local help services
– AnonOpsIndia takes down telecom minister Ravi Shankar Prasad’s website
– Motorsport enters Indian market with new website
– 60 Cable TV MSOs granted provisional license
– Govt issued 15,557 e-tourist visas in June ’15 compared to 2,112 in June ’14
– “It is better to have deep presence in fewer cities than having 10 cars in 50 cities”- Greg Moran, Zoomcar
– Citibank testing cryptocurrency as a digital payment platform
– FilmyFilmy website transliterates English to Hindi; are others listening?
– Google removes 359,803 URLs from searches under right to be forgotten laws
– MySmartPrice raises $10M from Accel Partners & Helion Venture
– HOOQ expands catalog, adds Yash Raj Films’ movies
– “We transitioned from small arenas into bigger auditoriums because of YouTube success” – Tanmay Bhat, All India Bakchod
– Funding Roundup: Satvacart and Ameyo
– mChemist launches online pharmacy in India
– Oxford University Press to launch digital programs with interactive content
– Govt to launch online police verification for passports
– Insider now allows ticket transfers; Every site should allow this
– India.com parent reported Rs 40.4 Cr Revenues, Rs 8.9 Cr Loss In FY15
– Viacom18 appoints Gaurav Gandhi as COO
– IIT Bombay claims Aakash tablet assignments complete; future unknown
– Bangladesh court bans use of Indian film songs as ringtones
– Apple to let developers charge Rs 10 for apps in India
– Harmonization of 1800 MHz band necessary to unlock its potential: Parag Kar
– Uber resumes credit card payments in India
– Xiaomi to invest in warehousing and logistics for its Mi Store
– ZEEL partners with FilmOn to launch global channel Zee Bollywood TV
– “Brands expect anything that we touch to go viral” – Tanmay Bhat, All India Bakchod
– Alok Goel appointed MD of SAIF Partners
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