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Earnings Sep-15

– Microsoft revenues decline 12% in Q1-FY16 as gaming and hardware biz slows
– Google revenues up 13% $18.7B for Q3 on the back of mobile search and YouTube
– Gati’s net profit falls 16.15% to Rs 5.8 crore due to higher staff benefit costs


– 4.30 Million Mobile Number Portability Requests In India In August 2015
– India added only 0.78M active mobile connections in August 2015

Investment & M&A

– Citrus acqui-hires payments company Zwitch

Other Updates:

– Fork Media acquires equity in WiFi ad network Spid
– Drones in the US to require registration; what about India?
– Now view videos of properties in IndiaProperty’s Android app
– Paytm will now allow wallet top ups at Bank of Maharashtra ATMs

– ErosNow ties with Ortel to offer subscription based movie streaming
– Cap surge pricing of online cab aggregators – Maharashtra Govt
– The Economics of Uber in India: should you sell your car?
– Facebook now lets you search through 2 trillion public posts

– Vidooly launches CMS for YouTubers, MCNs & brands
– Apple removes over 250 apps for violating user privacy
– Apple Music clocks 6.5M paid customers; 15M subscribers
– Reduced voice minutes hits Idea Cellular’s net profit; Data still driving growth

– YouTube Red will give ad-free videos, music & original content for $10/month
– The problem with white-label banking correspondents for payments banks
– Uber Bangalore office vandalised by drivers protesting incentive cuts
– Sony Liv launching second web exclusive show called Shutter

– Reliance Jio launch likely delayed by another quarter
– Flipkart appoints Samardeep Subandh as chief marketing officer
– Freshdesk appoints Nishant Rao as COO
– Snapdeal appoints Anup Vikal as CFO

– Government to increase spends on digital advertising
– The case that changed online cab aggregators in India: a timeline
– Meru Cabs, not Ola, is the first cab service to enter a global alliance from India
– Opinio secures $7M from Delhivery, Sands Capital & Accel

– Uber driver convicted in rape case; Case history
– Mahindra’s SmartShift connects cargo owners with transporters
– 500k offline store transactions in the last 3 months: MobiKwik
– Citrus Pay raises Series C funding from Ascent Capital & existing investors

– The Economics of Using Uber in India – Deepak Shenoy, Capital Mind
– Aditya Birla’s new fashion portal abof aggregates other brands
– Take landline calls on mobile via BSNL’s new integrated platform
– Adadyn launches self serve ad platform for SMBs

– LetsVenture raises Series A funding from Accel Partners & others
– Paytm to launch hotel bookings on mobile apps
– TimesJobs appoints Pankaj Maurya as head of technology
– ErosNow crosses 30M users worldwide; digital revenues are falling

– MTV India to curate music & playlists on Apple Music
– Hathway Cable to demerge broadband business
– On Zomato’s change in focus to transactions and countries that matter
– Mobile data makes up 12% of Videocon Telecom’s total revenue
– Housing appoints Mani Rangarajan as CFO

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