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Investment & M&A

PayPal acquires payment transfer service Xoom for $890 million
GOQii raises funding from Vijay Shekhar Sharma
BankBazaar raises $60 million in series C funding led by Amazon
Online cab roundup: Ratan Tata invests in Ola and Uber expands to 7 more cities

TA Associates and IVF Advisors to invest $500M in ACT Broadband
Infibeam files draft papers for its Rs 450 crore IPO
GoZoomo raises $5 million from SAIF Partners
Funding Roundup: CreditMantri, Buttercups and Aagaar

RailYatri raises funding from Helion Venture Partners & Omidyar Network
Microsoft sells most of its advertising business to AOL
Funding roundup: GetMyPeon, Stayglad and Zimmber
Microsoft sells part of Bing mapping tech to Uber

Other Updates:

Top 10 MediaNama posts in June 2015: The Wall Street Journal, Reliance Jio, Net Neutrality & More
Facebook wants to deliver Internet via satellites, lasers and drones
Westland takes Flipkart to court over alleged copyright violation of Tripathi book
The Privacy Implications of Mobile Sensor Networks – Samuel Johnston

Government clears Rs 200 cr for online agriculture marketplace
Xiaomi sold 34.7M phones in H1 2015; Can it reach the 100M target?
Airtel, Vodafone and Reliance start implementing mobile number portability
FabFurnish’s Vikram Chopra & Mehul Agrawal step down as cofounders; continue as advisors

Snapdeal appoints Amit Choudhary as senior VP of corporate finance
RBI proposes new NBFCs to act as account aggregator across financial istitutions
Prashan Agarwal launches car portal 19miles; raises Rs 2.5 Cr
Flipkart ties up with HomeStop, HomeTown & @Home; a Flipkart timeline

Funding roundup: HandyHome, iDreamCareer, CloudCherry and Parcelled
HDFC Bank unveils its banking application for the Apple Watch
Digital India Week: Digital locker, Aadhaar mobile app, BharatNet & more
OnMobile moving from a network-centric 2G service provider to the app space

Global Fashion Group secures EUR 150 million from Rocket and Kinnevik
Fair Usage Policy and India’s fashionable limited unlimited plans
IndiaCast and Disney India likely to end distribution deal
1mg launches doctor search & appointment booking app

Housing’s Rahul Yadav fired as CEO
HTC partners with Global Devices Network to manufacture smartphones in India
No roaming charges for voice, SMS & data across EU from June 15, 2017
Flatchat raises $2.5 million in funding from CommonFloor

BlaBlaCar partners IRCTC to offer wait-listed train ticket holders ridesharing services
Xiaomi launches the beta version of its MI store app in India
Apple Music launches in India with radio, streaming and download
Google Translate becomes more conversational

Google Maps adds traffic information of 12 more cities and national highways
Updated: Housing says Rahul Yadav has not resigned as CEO
Bharti Airtel is now the third largest telecom operator in the world; Region-wise break up
Facebook’s India user base now at 125 million; mobile users steady at 89%

Net neutrality enforced across EU, paid prioritization banned
Industry moves: Printvenue, Clovia, DSCI and Lenovo India
HolidayIQ now offers activity based travel packages
Amazon to offer loans to sellers in India and seven other countries

India’s average Internet speed second worst in Asia-Pacific: Akamai
IPA’s letter to DCGI: Online pharmacies in contravention of the Pharmacy Act
IndiaMart appoints Mudit Khosla as SVP of supplier initiatives
Facebook Lite officially launched in India and Philippines

CNN-IBN to end its partnership with Turner Broadcasting System
SMC’s Indic Keyboard now supports 23 languages in Asia
Celkon opens manufacturing unit in Telangana
Kyazoonga inks Rs 100 crore ticketing deal with Caribbean Premier League

After CEO Dick Costolo, Twitter’s M&A head Rishi Garg quits
UrbanClap raises $10 million in funding from existing investors
K Sera Sera settles with NBC Universal over rights to screen digital format films
MediaNama turns 7: Things I’ve learned running an online news media business

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