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Weekly Digest (06th-13th November 2015)

MediaNama would like to thank its sponsors: Chillr, Getit, IMImobile, Times Internet, Vserv and E2E for their support. Earnings Sep-15 - Vodafone India’s data connections drops marginally to 66.5 million Sept quarter - JustDial’s hiring woes in sales teams hits revenue growth in Q2FY16 - UFO Moviez posts a net profit of Rs 16.5Cr; up 19% in Q2FY16 - WoNoBo parent Genesys International’s net profit boosted by other income of Rs 1.94Cr in Q2FY16 - RCOM’s 3G connections continues to exceed 2G connections in Q2FY16 Data - Rs 12663 Cr transacted using IMPS in September 2015 Other Updates: - Online educational org Udacity raises $105M from multiple investors - Vodafone to invest Rs 13,000 crores in India for expansion & more - Funding Roundup: LoanBaba, CityFlo, PayTunes & more - YouTube launches ad supported music app called YouTube Music - Ola launches the Ola Money app for payments across merchants - Eros’ stock woes continue as it fights allegations on revenue and releases - MakeMyTrip launches budget hotels aggregator Value+ Hotels - Funding Roundup: Gingercrush, iStar, AppVirality & more - Ola acquires Geotagg to boost its intra-city bus shuttle service - FreeCharge to spend Rs 100 Cr for IPL sponsorship & promotions - Online grocery platform Indian Grahak acquires Dyscover - Some thoughts on T-Mobile zero rating select video services - Consumer is very sensitive to increase in data rates: Idea CEO Kapania - CarTrade acquires auto classifieds portal CarWale for $90M: report - Facebook’s India content take downs triples in first half of 2015 - Info Edge denies Mydala acquisition by Chinese search engine Baidu - Conversational mobile messaging is only going to get more…

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